Cajias, Marcelo; Freudenreich, Philipp; Freudenreich, Anna - In: Journal of Business Economics 90 (2020) 7, pp. 1057-1086
In this paper, the liquidity (inverse of time on market) of rental dwellings and its determinants for different liquidity quantiles are examined for the seven largest German cities. The determinants are estimated using censored quantile regressions in order to investigate the impact on very...