| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17723 |
| 来源ID | Working Paper 17723 |
| The Housing Market(s) of San Diego | |
| Tim Landvoigt; Monika Piazzesi; Martin Schneider | |
| 发表日期 | 2012-01-05 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper uses an assignment model to understand the cross section of house prices within a metro area. Movers' demand for housing is derived from a lifecycle problem with credit market frictions. Equilibrium house prices adjust to assign houses that differ by quality to movers who differ by age, income and wealth. To quantify the model, we measure distributions of house prices, house qualities and mover characteristics from micro data on San Diego County during the 2000s boom. The main result is that cheaper credit for poor households was a major driver of prices, especially at the low end of the market. |
| 主题 | Macroeconomics ; Consumption and Investment ; Financial Economics ; Financial Markets ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w17723 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575398 |
| 推荐引用方式 GB/T 7714 | Tim Landvoigt,Monika Piazzesi,Martin Schneider. The Housing Market(s) of San Diego. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17723.pdf（4978KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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