With the ageing of the European population, the housing choices of the elderly will have consequences on the whole … housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe …

Using the data on maintenance expenditures and self-assessed house value, I separate the measure of individual housing … stock and house prices, and use these data for testing whether nondurable consumption and housing are characterized by … nondurable consumption and housing. I reach a similar conclusion for some separate consumption categories, such as food and …

housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics. …This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the …

housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics …This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the …

A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. …

elasticities of 15%-20% across housing booms and busts. Notably, these price responses are largest in zip codes with many …, particularly in high homeownership locations, because greater housing wealth reduces homeowners’ demand elasticity, and firms raise …

households and heterogeneity of the housing stock. We propose an alternative and complementary explanation. We construct a …-contingent housing location plans that may involve moves over their lifetimes, (3) households choose whether to own or rent depending on … the housing expenditure risk associated with each tenure mode, and (4) there is a probability that newcomer households …

This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating …

We provide new evidence from the 1980, 1990, and 2000 Decennial Census of Housing that the expenditure share on housing … model in which identical households with Cobb-Douglas preferences for housing and numeraire consumption choose an MSA in …