dynamics of both housing supply and demand from a microeconomics perspective. The dissertation includes two papers which … incorporate unique micro data with new methodological approaches to examine housing market dynamics. The first paper models the … development decisions of land owners as a dynamic discrete choice problem to recover the primitives of housing supply. The second …

This dissertation empirically investigates the effects of the gaming industry on a local economy, specifically housing … housing. The analysis provides evidence of a significant positive correlation between gaming revenues and casino employment …

rates and tightening credit standards. In the second essay, we estimate and simulate a dynamic structural model of housing … demand. The model allows for realistic features of the housing market including non-convex adjustment costs from buying and … estimated parameters, we simulate the partial equilibrium consumption and housing and financial asset accumulation response by …

type of housing in demand, attributable to households’ new needs arising from the lockdown and increased remote working. As … compared with other crises, prices are showing greater downward rigidity, particularly in the case of new housing, although the …

We estimate alternative price-to-rent ratios in the Spanish housing market by considering different stochastic discount …