Salter, Sean P.; King, Ernest W. - In: Journal of Real Estate Research 31 (2009) 4, pp. 421-454
We examine the effect of an unannounced information event, Hurricane Katrina, on the liquidity of the residential real estate market in an area proximately located to the Mississippi Gulf Coast. Using 2SLS and Weibull techniques applied to a unique MLS data set, we test changes in liquidity in a...