Similar Search Results

Albrecht, James; Gautier, Pieter A.; Vroman, Susan - 2009

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 …

Persistent link: https://www.econbiz.de/10010269591

Directed Search in the Housing Market

Albrecht, James; Gautier, Pieter; Vroman, Susan - Institute for the Study of Labor (IZA) - 2009

Persistent link: https://www.econbiz.de/10008497015

Equilibrium Directed Search with Multiple Applications

Albrecht, James; Gautier, Pieter A.; Vroman, Susan - 2003

We analyze a model of directed search in which unemployed job seekers observe all posted wages. We allow for the possibility of multiple applications by workers and ex post competition among vacancies. For any number of applications, there is a unique symmetric equilibrium in which vacancies...

Persistent link: https://www.econbiz.de/10010273996

Simultaneous search with heterogeneous firms and ex post competition

Gautier, Pieter A.; Wolthoff, Ronald P. - 2006

We study a search model where workers can send multiple applications to high and low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique equilibrium where workers mix between sending both applications...

Persistent link: https://www.econbiz.de/10010274013

Multiple Applications, Competing Mechanisms, and Market Power

Albrecht, James; Cai, Xiaoming; Gautier, Pieter A.; … - 2019

We consider a labor market with search frictions in which workers make multiple applications and firms can post and commit to general mechanisms that may be conditioned both on the number of applications received and on the number of offers received by its candidate. When the contract space...

Persistent link: https://www.econbiz.de/10012141149

Directed Search with Phantom Vacancies

Albrecht, James; Decreuse, Bruno; Vroman, Susan - 2020

When vacancies are filled, the ads that were posted are often not withdrawn, creating "phantom" vacancies. The existence of phantoms implies that older job listings are less likely to represent true vacancies than are younger ones. We assume that job seekers direct their search based on the...

Persistent link: https://www.econbiz.de/10012322503

Equilibrium Directed Search with Multiple Applications

Albrecht, James; Gautier, Pieter; Vroman, Susan - Institute for the Study of Labor (IZA) - 2003

Persistent link: https://www.econbiz.de/10005761830

Simultaneous Search with Heterogeneous Firms and Ex Post Competition

Gautier, Pieter A.; Wolthoff, Ronald P. - Institute for the Study of Labor (IZA) - 2006

Persistent link: https://www.econbiz.de/10005703587

The Understated ‘Housing Shortage’ in the United States

Corinth, Kevin; Dante, Hugo - 2022

Following popular discourse, we abuse economic terminology by defining the “housing shortage” in the United States as … of homes. The magnitude of the housing shortage is important to policymakers, who use it to measure the scope of the … housing supply problem and the extent to which proposed policies would solve it. However, previous studies understate the …

Persistent link: https://www.econbiz.de/10013351986

Equal Price for Equal Place? Demand-Driven Racial Discrimination in the Housing Market

Lepinteur, Anthony; Menta, Giorgia; Waltl, Sofie R. - 2023

Participants to an online study in Luxembourg are presented with fictitious real-estate advertisements and tasked to make an offer for each of them. A random subset is also shown sellers' names that are strongly framed to signal their origins. Our randomised procedure allows us to conclude that,...

Persistent link: https://www.econbiz.de/10014377321