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House prices, sales, and time on the market : a search-theoretic framework (Supplementary material)

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  • Díaz, Antonia
  • Jerez, Belén

Abstract

In 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

Suggested Citation

  • Díaz, Antonia & Jerez, Belén, 2010. "House prices, sales, and time on the market : a search-theoretic framework (Supplementary material)," UC3M Working papers. Economics we1034, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:we1034
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    References listed on IDEAS

    as
    1. L. Rachel Ngai & Silvana Tenreyro, 2014. "Hot and Cold Seasons in the Housing Market," American Economic Review, American Economic Association, vol. 104(12), pages 3991-4026, December.
    2. repec:cte:werepe:we1033 is not listed on IDEAS
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    More about this item

    Keywords

    House prices;

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General

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