Konferenzbeitrag
A Selection Model of Hedonic House Values and Rents
We use a large repeated cross-section of houses to estimate a selection model of the supply of owner-occupied and rental housing. We find that physical characteristics and unobserved heterogeneity and not location are important for selection. We interpret this as strong evidence in favor of contracting frictions in the rental market relating to maintenance and modification of a dwellings physical characteristics.
- Language
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Englisch
- Bibliographic citation
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Series: 55th Congress of the European Regional Science Association: "World Renaissance: Changing roles for people and places", 25-28 August 2015, Lisbon, Portugal
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Halket, Jonathan
Nesheim, Lars
Oswald, Florian
- Event
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Veröffentlichung
- (who)
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European Regional Science Association (ERSA)
- (where)
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Louvain-la-Neuve
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Halket, Jonathan
- Nesheim, Lars
- Oswald, Florian
- European Regional Science Association (ERSA)
Time of origin
- 2015