“...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...”

“...We present an analysis of how open space amenities affect residential location choices using a horizontal sorting model to estimate household preferences for...”

“...Ten years after the financial crisis, the central question of what explains the rise and fall in house prices remains unresolved. We provide a unified...”

“...The conventional wisdom that homeownership is very risky ignores the fact that the alternative, renting, is also risky. Owning a house provides a hedge against...”

“...A dynamic linear rational equilibrium model in the tradition of Alonso, Rosen and Roback is consistent with many outstanding stylized facts of housing markets...”

“...The endogeneity of prices has long been recognized as the main identification problem in the estimation of marginal willingness to pay (MWTP) for the...”

“...This paper analyzes whether energy performance certificates (EPCs) serve as means to reduce the information asymmetry among market participants during the sale...”

“...This paper investigates the international spillovers of housing demand shocks on real economic activity. The global economy is modeled using a Global VAR, with...”

“...Federal housing policy promotes homeownership by subsidizing mortgage debt for many households with few assets and low credit scores. In this paper, we exploit...”