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House Prices, Sales and Time on the Market: A Search-Theoretic Framework

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  • Belen Jerez

    (Universidad Carlos III)

  • Antonia Diaz

    (Universidad Carlos III)

Abstract

This is not the case when we consider the frictionless Walrasian version of the model.

Suggested Citation

  • Belen Jerez & Antonia Diaz, 2009. "House Prices, Sales and Time on the Market: A Search-Theoretic Framework," 2009 Meeting Papers 1006, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:1006
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General

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