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The equilibrium effects of regulating junk fees : evidence from the rental brokerage market

Bakker, Jan David; Datta, Nikhil - 2025

% of the regulation and landlords the remaining 25%. There is no market exit of landlords or brokers. Combining our reduced … highlight the importance of economic analysis for designing consumer protection regulation. …

Persistent link: https://www.econbiz.de/10015333371

Bargaining over residential real estate : evidence from England

Merlo, Antonio; Ortalo-Magné, François - 2002

This paper presents and investigates a new data set of individual residential property transactions in England. The main novelty of the data is the record of all listing price changes and all offers made on a property, as well as all the visits by potential buyers for a subset of the properties....

Persistent link: https://www.econbiz.de/10011541128

The short and the long of it : stock-flow matching in the US housing market

Smith, Eric; Xie, Zoe; Fang, Lei - 2022

This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability a house sells declines sharply after listing for two weeks....

Persistent link: https://www.econbiz.de/10013419282

Term length and the quality of appointments

Glazer, Amihai; Kanniainen, Vesa - 2000

Consider a principal who appoints an agent. Let the agent potentially serve for a sufficiently long time that one principal is replaced by another over this period. Suppose also that the quality of the agent appointed increases with the effort the incumbent principal devotes to hiring. Then the...

Persistent link: https://www.econbiz.de/10009786719

Estimation of welfare effects in hedonic difference-in-differences : the case in school redistricting

Ding, Xiaozhou; Bollinger, Christopher R.; Clark, Michael; … - 2023

The difference-in-differences (DID) approach that identifies the capitalization of amenities through changes in housing prices has been widely used in the literature of hedonic estimation in the past decade. However, concerns have been raised about how to interpret the estimated capitalization...

Persistent link: https://www.econbiz.de/10014391280

Does the market value value-added? : evidence from housing prices after a public release of school and teacher value-added

Imberman, Scott Andrew; Lovenheim, Michael F. - 2013

Value-added data are an increasingly common evaluation tool for schools and teachers. Many school districts have adopted these methods and released the results publicly. In this paper, we study the release of value-added data in Los Angeles by the Los Angeles Times newspaper to identify how...

Persistent link: https://www.econbiz.de/10009702884

Does the housing market react to new information on school quality?

Fiva, Jon H. (contributor); Kirkebøen, Lars J. (contributor) - 2008

Persistent link: https://www.econbiz.de/10003711851

How do school district boundary changes and new school proposals affect housing prices

Ding, Xiaozhou; Bollinger, Christopher R.; Clark, Michael; … - 2020

In the past fifty years, a voluminous literature estimating the value of schools through capitalization in home prices has emerged. Prior research has identified capitalized value using various approaches including discontinuities caused by boundaries. We use changes in school boundaries and the...

Persistent link: https://www.econbiz.de/10012158709

Too late to buy a home? : school redistricting and the timing and extent of capitalization

Ding, Xiaozhou; Bollinger, Christopher R.; Clark, Michael; … - 2022

In the past fifty years, a voluminous literature estimating the value of schools through capitalization in home prices has emerged. Prior research has identified capitalization using a variety of approaches including discontinuities caused by boundaries. Here, we use changes in school boundaries...

Persistent link: https://www.econbiz.de/10013167220

Do land markets anticipate regulatory change? : evidence from Canadian conservation policy

Bošković, Branko; Nøstbakken, Linda - 2016

Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential … changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect … unregulated leases. Based on our estimates, not accounting for anticipation underestimates the total cost of the regulation by …

Persistent link: https://www.econbiz.de/10011489414