The housing market matching model in this paper considers two types of home-seekers: people who search for a house both in the rental and the homeownership markets, and people who only search in the homeownership market. The house-search process leads to several types of matching and in turn, this implies different prices of equilibrium. Also, the house-search process connects the rental market with the homeownership market. This model is thus able to explain both the relationship between the rental and the selling prices and the price dispersion which exists in the housing market. Furthermore, this theoretical model can be used to study the impact of taxation in the two markets. Precisely, it is straightforward for showing the effects of t...
The frequent use of the unifying term “behavioural economics” in contemporary economic theories and ...
As is well known, housing has a unique set of characteristics which cause the operation of the housi...
We present a search-and-matching model of the housing market where potential buyers' willingness to ...
The housing market matching model in this paper considers two types of home-seekers: people who sear...
This housing market matching model considers two types of home seekers: people who search for a hous...
Abstract Purpose – This paper aims to study the relationship between the rental and selling prices, ...
Abstract Purpose – This paper aims to study the phenomenon known as “house price dispersion”, one of...
This paper develops a matching model à la Pissarides (2000) in order to explain a basic fact of hous...
We construct a bilateral search model of the housing market in which agents differ in their flow rew...
This paper builds up a model for a rental housing market. With a search and matching friction in a r...
This paper aims to pose an important starting point for the application of the search-and-matching m...
In this paper, we present a directed search model of the housing market. The pricing mechanism we an...
Purpose – This paper aims to explain the main empirical facts of housing markets, notably the trade-...
Abstract The housing market is an asset market with some unusual features, as agents have idiosyncra...
This paper develops a matching model à la Pissarides (2000) in order to explain the basic facts of h...
The frequent use of the unifying term “behavioural economics” in contemporary economic theories and ...
As is well known, housing has a unique set of characteristics which cause the operation of the housi...
We present a search-and-matching model of the housing market where potential buyers' willingness to ...
The housing market matching model in this paper considers two types of home-seekers: people who sear...
This housing market matching model considers two types of home seekers: people who search for a hous...
Abstract Purpose – This paper aims to study the relationship between the rental and selling prices, ...
Abstract Purpose – This paper aims to study the phenomenon known as “house price dispersion”, one of...
This paper develops a matching model à la Pissarides (2000) in order to explain a basic fact of hous...
We construct a bilateral search model of the housing market in which agents differ in their flow rew...
This paper builds up a model for a rental housing market. With a search and matching friction in a r...
This paper aims to pose an important starting point for the application of the search-and-matching m...
In this paper, we present a directed search model of the housing market. The pricing mechanism we an...
Purpose – This paper aims to explain the main empirical facts of housing markets, notably the trade-...
Abstract The housing market is an asset market with some unusual features, as agents have idiosyncra...
This paper develops a matching model à la Pissarides (2000) in order to explain the basic facts of h...
The frequent use of the unifying term “behavioural economics” in contemporary economic theories and ...
As is well known, housing has a unique set of characteristics which cause the operation of the housi...
We present a search-and-matching model of the housing market where potential buyers' willingness to ...