The equilibrium effect of fundamentals on house prices and rents

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Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession (2017, methodology): “952 Storesletten et al. (2004) SD of Persistent Shock σ 0.17 Storesletten et al. (2004) SD of Transitory Shock σe 0.49 Storesletten et al. (2004) Intratemp. Elas. of Subst. ν 0.13 Flavin and Nakagawa (2008) Risk Aversion σ 2 Various Structure Share αS 30% Favilukis et al.”
Implications of US Tax Policy for House Prices, Rents, and Homeownership (2018, methodology): “The economy introduced in this paper builds on the model exposition in Sommer et al. (2013).”
The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium (2017, unknown): “This is the same reason Kiyotaki et al. (2011) and Sommer et al. (2013) 2 Although Kiyotaki et al. and Sommer et al. do not emphasize the implications of their models for the wealth distribution, it is well known that the Bewley-style economies they study (as well as almost all macro models) do not…”