Trading Frictions and House Price Dynamics
By Andrew Caplin, John Leahy. 2011
123 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/a655a96368f98949babf64daca0df8315cc1057c
How researchers see this paper
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In Economics and Econometrics
- Huw Lloyd-Ellis
- Eric Zwick
- Shaojian Wang
- Charles G. Nathanson
- Guangdong Li
- A. Head
- A. Defusco
- Eric Ohrn
In Finance
Citations in the corpus
- Identifying the determinants of housing prices in China using spatial regression and the geographical detector technique (2017, result): “…be associated with environmental changes in regional housing markets, implying that transactional friction in real estate markets will impact on housing prices and further that market turnover is positively related to the housing prices (a finding supported by the work of Caplin and Leahy (2011).”
- HOUSE PRICES, SALES, AND TIME ON THE MARKET: A SEARCH-THEORETIC FRAMEWORK (2013, unknown): “12See, however, Albrecht, Anderson, Smith, and Vroman (2007), Merlo, Ortalo-Magne, and Rust (2007), Caplin and Leahy (2008), Piazzesi and Schneider (2009), and Albrecht, Gautier, and Vroman (2010).”
- Search, Liquidity and the Dynamics of House Prices and Construction (2014, unknown): “t = M (Bt; St) St = (!t) = !t (!t) : (11)”
- Speculative dynamics of prices and volume (2017, background): “” (2)These theories include Cutler et al. (1990), De Long et al. (1990), Barberis et al.”
- Housing Liquidity, Mobility, and the Labour Market (2012, background): “…Wheaton (1990), who develops a model of housing markets but considers neither linkages to labour markets nor cross-city re-location. ow values of search to buyers and sellers change over time and Caplin and Leahy (2008) study the role of trading frictions (due to mis-match) on house price dynamics.”