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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15102 |
DP15102 Agreements Must Be Kept? Residential Leases during Covid-19 | |
David Genesove; Eran Hoffmann; Yael Elster | |
发表日期 | 2020-07-27 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper studies how a Covid-19 lockdown affected residential lease payments. Survey data on 1511 Israeli renter households show nearly one in eight households not paying full rent during the lockdown, with these households holding back, on average, a third of their contractually due rent. Financially fragile households with greater income cuts, and households with leases lacking provisions that effectively provide for damages upon non-payment pay a lower share of contract rent. So do households with more frequent encounters with their landlord, or longer tenure in the apartment. Bargaining and relational contracts theories help explain these results. |
主题 | Industrial Organization |
关键词 | Covid-19 Bargaining Contract renegotiation Rental Relational contracts |
URL | https://cepr.org/publications/dp15102 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544058 |
推荐引用方式 GB/T 7714 | David Genesove,Eran Hoffmann,Yael Elster. DP15102 Agreements Must Be Kept? Residential Leases during Covid-19. 2020. |
条目包含的文件 | 条目无相关文件。 |
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