. The magnitude of the housing shortage is important to policymakers, who use it to measure the scope of the housing supply …Following popular discourse, we abuse economic terminology by defining the housing shortage in the United States as the … difference between the number of homes that would be built in the absence of supply constraints and the actual number of homes …

estimation concerns, we estimate an elasticity of housing production with respect to non-land inputs of about 0.80 …We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output … competitive house builders. For parcels of a given size, we compute housing by summing across the marginal products of non …

When regions in close proximity have different tax rates, residents may engage in cross-border shopping and take … advantage of tax differentials. The extent of this activity can be captured by the tax elasticity of border sales (TEBS). We …

2022 and the demand for energy efficiency in the UK housing market. We find that the housing market barely reacted to a 60 …

Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is … modification request. Other relevant searches for "short sale", "REO" (as in Real Estate Owned) or "FHA" (as in Federal Housing … Administration) are used to provide a comprehensive view of the housing market. Using data from the great recession and benchmarking …

-variables estimation of a hedonic price analysis - with an application to historic preservation in Chicago. The theoretical model casts … employs these determinants as instruments for endogenous regulatory treatment in a hedonic price analysis. OLS estimation of …

own-price elasticity of quantity demand for soda of between −1.0 and −1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity …

increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor …

increased until the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand so that …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …