The Costs of Free Entry: An Empirical Study of Real Estate Agents in Greater Boston
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This paper studies the real estate brokerage industry in Greater Boston, an industry with low entry barriers and substantial turnover. Using a comprehensive dataset of agents and transactions from 1998-2007, we find that entry does not increase sales probabilities or reduce the time it takes for
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美国国家经济研究局创建时间：
2011-07-01
