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Appariements sur le Marché du Logement

  • Gabriel Desgranges

    (Théorie économique, modélisation et applications)

  • Etienne Wasmer

Cet article souhaite contribuer à une théorie du marché du logement locatif où les frictions de recherche sont rendues endogènes par une fonction d’appariement entre propriétaires et locataires potentiels. Le loyer est déterminé par une négociation à la Nash entre propriétaires et locataires ou choisi par le propriétaire ex ante. L’introduction de frictions de recherche modifie largement les résultats traditionnels et la statique comparative de l’état stationnaire est menée dans cette perspective. On étudie, notamment, un équilibre de court terme (le cas d’une ville fermée) et un autre de moyen terme (le cas d’une ville ouverte où l’offre de logements est fixe et les travailleurs libres d’entrer, ou non, sur le marché). Dans les deux cas, on discute les conséquences d’une taxation des appartements vacants. On retrouve un résultat relativement général en présence de frictions importantes : les mesures qui tendent à protéger les agents d’un certain type (employés, locataires) le font au détriment de ceux qui aspirent à accéder à ce statut (chômeurs, personnes ayant des difficultés à se loger).

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Paper provided by Sciences Po in its series Sciences Po publications with number info:hdl:2441/8988.

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Date of creation: Apr 2000
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Publication status: Published in Annales d'économie et de statistique, 2000, pp.253-287
Handle: RePEc:spo:wpmain:info:hdl:2441/8988
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  1. Lundborg, Per & Skedinger, Per, 1999. "Transaction Taxes in a Search Model of the Housing Market," Journal of Urban Economics, Elsevier, vol. 45(2), pages 385-399, March.
  2. Rosenthal, Leslie, 1997. "Chain-Formation in the Owner-Occupied Housing Market," Economic Journal, Royal Economic Society, vol. 107(441), pages 475-88, March.
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  4. Thies, Clifford F, 1993. "Rent Control with Rationing by Search Costs: A Note," The Journal of Real Estate Finance and Economics, Springer, vol. 7(2), pages 159-65, September.
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  6. Read, Colin, 1997. "Vacancies and Rent Dispersion in a Stochastic Search Model with Generalized Tenant Demand," The Journal of Real Estate Finance and Economics, Springer, vol. 15(3), pages 223-37, November.
  7. Burda, Michael C & Wyplosz, Charles, 1993. "Gross Worker and Job Flows in Europe," CEPR Discussion Papers 868, C.E.P.R. Discussion Papers.
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  9. Olivier Jean Blanchard & Peter A. Diamond, 1989. "The Aggregate Matching Function," NBER Working Papers 3175, National Bureau of Economic Research, Inc.
  10. Read, Colin, 1993. "Tenants' search and vacancies in rental housing markets," Regional Science and Urban Economics, Elsevier, vol. 23(2), pages 171-183, April.
  11. Sonmez, Tayfun, 1996. "Implementation in generalized matching problems," Journal of Mathematical Economics, Elsevier, vol. 26(4), pages 429-439.
  12. Yinger, John, 1981. "A Search Model of Real Estate Broker Behavior," American Economic Review, American Economic Association, vol. 71(4), pages 591-605, September.
  13. Colin Read, 1988. "Advertising and Natural Vacancies in Rental Housing Markets," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 16(4), pages 354-363.
  14. van Ommeren, Jos & Rietveld, Piet & Nijkamp, Peter, 1997. "Commuting: In Search of Jobs and Residences," Journal of Urban Economics, Elsevier, vol. 42(3), pages 402-421, November.
  15. Anas, Alex, 1997. "Rent Control with Matching Economies: A Model of European Housing Market Regulation," The Journal of Real Estate Finance and Economics, Springer, vol. 15(1), pages 111-37, July.
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