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housing market which explicitly models endogenous tenure choice. Results from the calibrated model indicate that there are …
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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 …
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higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown …
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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/10010269591