DESGRANGES, Gabriel; WASMER, Étienne - In: Annales d'Economie et de Statistique (2000) 58, pp. 253-287
This paper attempts to build a theory of rental housing markets in which search frictiona are made endogenous by a matching function between landlords and agents willing to rent. The rent is determined either according to a "Nash-bargaining" game between landlords and tenants, or fixed ex ante...