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Showing 1 to 2 of 2 for “"House Price Elasticity"”.
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Housing demand, regional house prices and consumption
… experienced larger housing demand shocks, larger house price increases from 2001-2006 and greater price declines from 2006-2011. Consistent with theory, price effects were stronger in housing-supply inelastic cities. City-level differences in housing demand are also correlated with supply …
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Essays on housing economics and household finance
In chapter one, I provide new evidence on the house price elasticity of consumption by exploiting micro-level consumption data from the Nielsen consumer panel for 2004 through 2016. I estimate elasticity as a non-parametric function of household characteristics, locations and time using Generalized …