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This paper tests the hypothesis that an increase in the supply of public housing causes a substantially offsetting decline in the quantity supplied of competing private units. The statistical results offer little by way of confirmation of this view.A comparative statics model of the rental...
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This paper estimates the burden of lost producer surplus imposed on landlords by rent control. The approach employed measures the reduction in Marshallian quasi-rent from the side of the derived demand for factors rather than the short-run supply of housing.A constant elasticity of substitution...
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