Market Thickness and the Impact of Unemployment on Housing Market Outcomes
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This paper develops a search-matching model to study the impact of the unemployment rate on the housing market in the presence of the thick market effect. We estimate the structural model using Texas city-level data that covers three years, 1990, 2000 and 2010. Our structural estimation helps
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美国国家经济研究局创建时间：
2013-10-01
