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of housing demand. Our model generalizes previous applied econometric work by incorporating realistic features of the … for capturing salient features of housing demand observed in the PSID. After estimating the model we use it to simulate …
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of housing demand. Our model generalizes previous applied econometric work by incorporating realistic features of the … for capturing salient features of housing demand observed in the PSID. After estimating the model we use it to simulate …
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between prices, demand and supply. Since vacancy rates are not observable, the demand-supply mismatches are identified using a … markets when complete demand, supply and pricing data are not available. The model may also be useful when data are available …
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