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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Institutional Knowledge at Singapore Management University
2012
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在線閱讀: | 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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機構: | Singapore Management University |
語言: | English |