With regard to the recent US house price cycle, we analyze how the interaction between housing supply restrictions … Statistical Areas, we estimate a simultaneous boom-bust system for house prices, housing supply and subprime lending. The model … accounts for regional differences in supply elasticities that are determined by local variations in topographical and …

We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the … potential effectiveness of universal access policies in developing countries. We provide some empirical evidence on the supply … and demand characteristics, using a small time-series-cross-section dataset on Indian States. We suggest that the price …

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

mainly the imposition of a highly unrealistic prior for the global impact price elasticity of oil supply. Once identification … uncertainty about the global price elasticity of oil supply is accounted for by specifying a prior more in line with extraneous …

and demand. Supply disruptions turn out to be a bigger factor in historical oil price movements and inventory accumulation … uncertainty about the identifying assumptions themselves. We use this approach to revisit the importance of shocks to oil supply … a smaller factor than implied by earlier estimates. Supply shocks lead to a reduction in global economic activity after …

Airbnb supply has a much larger impact on rents and long-term rental supply for the first reform. This is consistent with more … supply. …