Supply Elasticity of Housing

The supply elasticity of housing determines how quickly house prices respond to economic shocks and this has many real economic consequences. Malpezzi and Maclennan (2001) describes its importance in housing market analysis: „most housing models, and most policy analysis hinge on explicit or implici...

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Bibliographic Details
Main Authors: KIM, Kyunghwan, PHANG, Sock-Yong, WACHTER, Susan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/soe_research/1253
https://ink.library.smu.edu.sg/context/soe_research/article/2252/viewcontent/SupplyElasticityHousing_IEHH.pdf
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Institution: Singapore Management University
Language: English