Showing 1 - 10 of 31,016
make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
Persistent link: https://www.econbiz.de/10011686665
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10013471132
I propose a model of the housing market using a search framework with asymmetric information in which sellers are … contribute to housing market illiquidity. Real estate agents that can facilitate the search process can segment the market and … matching process, incentive compatible listing contracts are implementable as long as housing is not already sufficiently …
Persistent link: https://www.econbiz.de/10010721283
The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise … in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic …
Persistent link: https://www.econbiz.de/10009647383
I propose a model of the housing market using a search framework with asymmetric information in which sellers are … advantage in the matching process, incentive compatible listing contracts are implementable as long as housing is not already … posting as a signalling device to direct buyers' search. Adverse selection and inefficient entry on the demand side then …
Persistent link: https://www.econbiz.de/10010615129
The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise … in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic …
Persistent link: https://www.econbiz.de/10010640982
The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise … in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic …
Persistent link: https://www.econbiz.de/10010288825
I propose a model of the housing market using a search framework with asymmetric information in which sellers are … advantage in the matching process, incentive compatible listing contracts are implementable as long as housing is not already … posting as a signalling device to direct buyers' search. Adverse selection and inefficient entry on the demand side then …
Persistent link: https://www.econbiz.de/10010290389
structural search model that allows housing owners to buy second houses to let out, and let rents be determined endogenously. To …In this paper, I explore and explain how buy-to-let investors affect housing price dynamics. The impact of buy …-to-let investors on the housing market is much discussed by policy makers, but previously not considered in the literature. I develop a …
Persistent link: https://www.econbiz.de/10012145540
the following specific features of the housing market : product heterogeneity plays an important role, search costs are …This paper develops a theoretical model to study the effects of regulation on the housing market. Our model emphasises … an unregulated housing market rents will increase at the time of renegotiation as a result of the "hold-up" problem. A …
Persistent link: https://www.econbiz.de/10005650155