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This research employs data from a natural experiment to assess the effect of an improved price information shock on subsequent real estate transaction price dispersion. While transaction data in the Israeli real estate market had never been open to the public, in 2010 an Israeli court ordered...
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This paper examines the effect of a currency changeover on prices. A parsimonious model shows that, during a period of currency changeover, sellers and buyers conversely opt for the currency dominating the negotiation based on exchange rate fluctuations between the preceding and the new currency...
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We use a unique feature of California's property tax system to empirically identify the effect of selling homeowners' past property tax payments on their choice of listing price. Although past property taxes are sunk costs, we find that they have a significant positive effect on the sellers'...
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This study tests whether mobility counseling and cash incentives will affect a Housing Choice Voucher (HCV) recipient's move to an opportunity area. Opportunity areas are defined as tracks rated 6-10 on a HUD-created index—factoring in poverty, housing stability, job and transit access, school...
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