Global Capital and Local Assets: House Prices, Quantities, and Elasticities
收藏NBER2020-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27370
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资源简介：
Interconnected capital markets allow mobile global capital to flow into immobile local assets. This paper examines how foreign demand affects U.S. housing markets, and uses this demand shock to estimate local price elasticities of supply. Other countries introduced foreign-buyer taxes meant to deter
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美国国家经济研究局创建时间：
2020-06-01
