Similar Search Results

Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2009

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

Persistent link: https://www.econbiz.de/10011379608

Equilibrium directed search with multiple applications

Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2005

We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....

Persistent link: https://www.econbiz.de/10011332815

Simultaneous search with heterogeneous firms and ex post competition

Gautier, Pieter; Wolthoff, Ronald - 2006

In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...

Persistent link: https://www.econbiz.de/10011348699

Multiple applications, competing mechanisms, and market power

Albrecht, James W.; Cai, Xiaoming; Gautier, Pieter; … - 2019

We consider a labor market with search frictions in which workers make multiple applications and firms can post and commit to general mechanisms that may be conditioned both on the number of applications received and on the number of offers received by its candidate. When the contract space...

Persistent link: https://www.econbiz.de/10012057140

Measuring diverging house prices

Rouwendal, Jan; Duijn, Mark van - 2017 - This version: February 21, 2017

often differ among market segments. We develop a methodology for measuring house prices as a flexible function of housing … all parts of the housing market. Our approach is based on a generalization of the familiar (constant unit price) Muth … model to a situation of in which the unit price of housing services may depend on the quality level. We apply the method to …

Persistent link: https://www.econbiz.de/10011607944

Marketmaking middlemen

Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016

This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode by which an intermediary holds inventories...

Persistent link: https://www.econbiz.de/10011520869

Unemployment and tax design

Hummel, Albert Jan - 2021

This paper studies optimal income taxation in an environment where matching frictions generate a trade-off for workers between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment risk, whereas a higher tax burden or unemployment...

Persistent link: https://www.econbiz.de/10012591516

Middlemen : a directed search equilibrium approach

Watanabe, Makoto - 2012

Persistent link: https://www.econbiz.de/10010190985

Mortgage finance and technological change

Döttling, Robin; Perotti, Enrico C. - 2015

We explore how house prices evolve under technological progress, when housing serves for consumption as well as store …

Persistent link: https://www.econbiz.de/10011295717

Monitoring residential quality for the elderly using a geographical information system

Grothe, M.; Nijkamp, Peter; Scholten, Henk J. - 1995

Persistent link: https://www.econbiz.de/10000906617

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