Housing Prices and Growth
and services, are a plausible candidate for explaining the large low-frequency changes in housing prices. We also argue that this interpretation is reasonable given the nature of the technology that produces housing services, and is in accord with the broad patterns in data on housing and land prices. We also explore the role of permanent changes in labor supply as an additional explanatory factor.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
Web page: http://www.EconomicDynamics.org/
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