Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10003321425
Persistent link: https://www.econbiz.de/10010200168
Persistent link: https://www.econbiz.de/10011563461
Persistent link: https://www.econbiz.de/10010205311
Persistent link: https://www.econbiz.de/10012109006
This paper develops a search-matching model to study the impact of the unemployment rate on the housing market in the presence of the thick market effect. We estimate the structural model using Texas city-level data that covers three years, 1990, 2000 and 2010. Our structural estimation helps...
Persistent link: https://www.econbiz.de/10013073958
This paper uses the 2008 Wenchuan earthquake in China as a natural experiment to examine how the housing market reacted to this unforeseen, extreme event. We use a unique transaction dataset for new (under construction) apartment units to analyze the pricing behavior of units in lower versus...
Persistent link: https://www.econbiz.de/10013074649
This paper develops a search-matching model to study the impact of the unemployment rate on the housing market in the presence of the thick market effect. We estimate the structural model using Texas city-level data that covers three years, 1990, 2000 and 2010. Our simulations based on the...
Persistent link: https://www.econbiz.de/10012961273
This paper provides a search model for housing market where the number of buyers and/or sellers plays very important role. The model makes three testable predictions: (1) the unemployment rate has a negative impact on the trading volume and the sale prices of the housing market; (2) a larger...
Persistent link: https://www.econbiz.de/10012466521
This paper develops a search-matching model to study the impact of the unemployment rate on the housing market in the presence of the thick market effect. We estimate the structural model using Texas city-level data that covers three years, 1990, 2000 and 2010. Our structural estimation helps...
Persistent link: https://www.econbiz.de/10012459097