G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15102
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
URLhttps://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.
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