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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| 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 |