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Momentum traders in the housing market: survey evidence and a search model
search model survey evidence
2015/7/23
This paper studies household beliefs during the recent US housing boom. The first part
presents evidence from the Michigan Survey of Consumers. To characterize the heterogeneity
in households’...
This paper uses an assignment model to understand the cross section of house prices within
a metro area. Moversí demand for housing is derived from a lifecycle problem with credit
market frictions. ...
Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts
Housing Market Price Controls
2014/9/9
We measure the capitalization of housing market externalities into residential housing values by studying the unanticipated elimination of
stringent rent controls in Cambridge, Massachusetts, in 1995...
Price Discrimination in the Housing Market。
AN EMPIRICAL NOTE ON THE ELASTICITY OF SUBSTITUTION BETWEEN LAND AND CAPITAL IN A MONOCENTRIC HOUSING MARKET
substitution production function marginal cost elasticity of substitution
2011/9/17
Examines the model for the estimation of elasticity of substitution based on the constant elasticity of substitution production function. Change in the intensity of land use; Determination of the marg...
AN EMPIRICAL NOTE ON THE ELASTICITY OF SUBSTITUTION BETWEEN LAND AND CAPITAL IN A MONOCENTRIC HOUSING MARKET
constant elasticity substitution production function marginal cost
2011/9/17
Examines the model for the estimation of elasticity of substitution based on the constant elasticity of substitution production function. Change in the intensity of land use; Determination of the marg...
In this article, we develop a model for the evolution of real estate prices. A wide range of inputs, including stochastic interest rates and changing demands for the asset,are considered. Maximizing t...