Arbeitspapier
Can the Mortensen-Pissarides Model Match the Housing Market Facts?
This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of all the empirical anomaly known as ‘price dispersion’. Our main finding is that the model can account for the three basic facts of housing market, without any restrictive assumption and in a very simple framework.
- Sprache
-
Englisch
- Erschienen in
-
Series: EERI Research Paper Series ; No. 01/2012
- Klassifikation
-
Wirtschaft
Housing Supply and Markets
Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
Market Structure, Pricing, and Design: General
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
House prices
time-on-the-market
housing price dispersion
bargaining power
search and matching frictions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lisi, Gaetano
- Ereignis
-
Veröffentlichung
- (wer)
-
Economics and Econometrics Research Institute (EERI)
- (wo)
-
Brussels
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lisi, Gaetano
- Economics and Econometrics Research Institute (EERI)
Entstanden
- 2012
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