Aysoy, Cem; Aysoy, Cevriye; Tumen, Semih - In: Journal of Housing Economics 25 (2014) C, pp. 62-74
Using a national panel of housing units, this paper documents that the rate of nominal rigidity in housing rents is … high in Turkey between 2008 and 2011. We find that, on average, 31.5% of the rents did not change from year to year in … that 35.4% of the nonturnover units had rigid rents, while for only 17.1% of the turnover units rents did not change. We …