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A Dynamic Model of Housing Demand: Estimation and Policy Implications

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NBER2010-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15955
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Using data from the Panel Study of Income Dynamics (PSID) we specify, estimate and simulate a dynamic structural model of housing demand. Our model generalizes previous applied econometric work by incorporating realistic features of the housing market including non-convex adjustment costs from
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2010-04-01
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