for a really bad school compared to just a bad school. In this paper, we formulate a simple housing search model that … education via housing. First, alternative schooling arrangements (e.g., private school, home schooling, magnet schools, etc) can … air pollution on housing prices, they included a dummy variable which indicated residents' attitudes about the quality of …

. When this thinking is applied to the housing market, it leads to the conclusion that any inequality in housing supply or … generations seems to speak against the virtues of market mechanisms in the resolution of housing disequilibria. Stiglitz and Weiss … impacts on the return function of bank loans, which leads to interest rates used in housing loans to be different from those …

This paper presents a simulation analysis of several policies, or policy proposals, for improving housing affordability … for first home owner-occupiers in Australia: the First Home Owner Grant, housing equity partnerships and deposit loans …. The focus is on the impact of these measures for housing demand, the private saving rate and house prices. The simulations …

This paper develops a search-theoretic model of the cross-sectional distribution of asset returns. It abstracts from …

We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents … find each other more easily. Prices become Walrasian as investors' or marketmakers' search intensities get large …. Endogenizing search intensities yields natural welfare implications. Information can fail to be revealed through trading when …

We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents … find each other more easily. Prices become Walrasian as investors' or marketmakers' search intensities get large …. Endogenizing search intensities yields natural welfare implications. Information can fail to be revealed through trading when …

In this paper, we develop a search-based model of asset trading. We assume that investors differ in their horizons, and … can invest in two identical assets. The asset markets are partially segmented: investors can search in only one market … ``liquid" market has higher volume and prices, and lower search times for buyers and sellers. The clientele equilibrium …

This paper develops a search-theoretic model of the cross-sectional distribution of asset returns. It abstracts from …

In this paper, we develop a search-based model of asset trading. We assume that investors differ in their horizons, and … can invest in two identical assets. The asset markets are partially segmented: investors can search in only one market … ``liquid" market has higher volume and prices, and lower search times for buyers and sellers. The clientele equilibrium …