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This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of …
Persistent link: https://www.econbiz.de/10011496171
This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of …
Persistent link: https://www.econbiz.de/10009492746
well as the evolution of the housing market. We study the effects of housing taxation in a model with search and matching …
Persistent link: https://www.econbiz.de/10012958150
, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and …
Persistent link: https://www.econbiz.de/10015057517
, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and …
Persistent link: https://www.econbiz.de/10015048979
model, the search and matching theory and behavioral economics. Concerning the latter, we propose a new framework to explain …
Persistent link: https://www.econbiz.de/10011813226
This paper develops a matching model à la Pissarides (2000) in order to explain the basic facts of housing markets …
Persistent link: https://www.econbiz.de/10009323651
matching, and directed search models. It also examines the bargaining that takes place once a match has occurred, with the … reviews research on real estate brokers as intermediaries as well, focusing on the role of brokers in the matching and …
Persistent link: https://www.econbiz.de/10014025302
In this paper, I explore and explain how buy-to-let investors affect housing price dynamics. The impact of buy-to-let investors on the housing market is much discussed by policy makers, but previously not considered in the literature. I develop a structural search model that allows housing...
Persistent link: https://www.econbiz.de/10011966851
The housing market is one of the most important markets in any economy, constituting typically both the most important class of consumption good and the most widely held investment asset. The origin of the Great Recession in the U.S. housing market has shown the importance of linkages between...
Persistent link: https://www.econbiz.de/10011515013