model, the search and matching theory and behavioral economics. Concerning the latter, we propose a new framework to explain …We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we …

Abstract:We develop a model of the housing market that features both financial and matching frictions. In the model …, risk-averse households may save or borrow in order to smooth consumption over time and finance owner housing. Each … household either rents or owns its house. Some renter households become dissatisfied with rental housing and want to buy a house …

, the search and matching theory and behavioral economics. Concerning the latter, a new theoretical framework is used in …Theoretical Causes for Vacancies in the Housing Market There are different causes for vacancies in the housing market … order to explain vacancies in the housing market in the context of the prospect theory. From these theories different …

model, the search and matching theory and behavioral economics. Concerning the latter, we propose a new framework to explain …We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we …

Abstract:We develop a model of the housing market that features both financial and matching frictions. In the model …, risk-averse households may save or borrow in order to smooth consumption over time and finance owner housing. Each … household either rents or owns its house. Some renter households become dissatisfied with rental housing and want to buy a house …

vacancies are presented under the assumptions of the standard market model, the search and matching theory and behavioral …There are different causes for vacancies in the housing market. The scientific literature provides a series of … economics. Concerning the latter, a new theoretical framework is used in order to explain vacancies in the housing market in the …

This article examines the effects of a tax on vacant dwellings. I use a search equilibrium model in which the …

We construct a bilateral search model of the housing market in which agents differ in their flow rewards while … rewards if they do not transact in the meantime. We characterize the equilibrium steady state matching pattern and compare … this to the constrained efficient matching pattern. We also characterize the joint distribution of price and time to sale …

How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching … wird ein Wachstums-Matching-Modell entwickelt, das durch heterogene Arbeitslose - Kurz- und Langzeitarbeitslose - und bei …