House prices, sales, and time on the market : a search-theoretic framework (Supplementary material)
AbstractIn this document we present additional results for our main paper. First, we prove some properties of the steady state of our benchmark economy. Then, we present an alternative calibration
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Bibliographic InfoPaper provided by Universidad Carlos III, Departamento de Economía in its series Economics Working Papers with number we1034.
Date of creation: Nov 2010
Date of revision:
House prices; Sales; Time on the market; Search frictions; Competitive search;
Find related papers by JEL classification:
- R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Production Analysis, and Firm Location - - - Housing Supply and Markets
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- D40 - Microeconomics - - Market Structure and Pricing - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-18 (All new papers)
- NEP-DGE-2010-12-18 (Dynamic General Equilibrium)
- NEP-URE-2010-12-18 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- L. Rachel Ngai & Silvana Tenreyro, 2009.
"Hot and Cold Seasons in the Housing Market,"
CEP Discussion Papers
dp0922, Centre for Economic Performance, LSE.
- Belen Jerez & Antonia Diaz, 2009.
"House Prices, Sales and Time on the Market: A Search-Theoretic Framework,"
2009 Meeting Papers
1006, Society for Economic Dynamics.
- Antonia Díaz & Belén Jerez, 2013. "House Prices, Sales, And Time On The Market: A Search‐Theoretic Framework," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54, pages 837-872, 08.
- Antonia Díaz & Belén Jerez, 2010. "House prices, sales, and time on the market : a search-theoretic framework," Economics Working Papers we1033, Universidad Carlos III, Departamento de Economía.
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