Lisi, Gaetano; Iacobini, Mauro - In: Journal of European Real Estate Research 8 (2015) 2, pp. 196-216
Purpose – This paper aims to pose an important starting point for the application of the search-and-matching models to …, the search-and-matching framework has become the benchmark theoretical model of the housing market. Starting from the … determined. Unlike most of the search-and-matching models in the housing literature, the out-of-the steady-state dynamics are …