The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
The Misallocation of Housing Under Rent Control
Abstract
The standard analysis of price controls assumes that goods are efficiently allocated, even when there are shortages. But if shortages mean that goods are randomly allocated across the consumers that want them, the welfare costs from misallocation may be greater than the undersupply costs. We develop a framework to empirically test for misallocation. The methodology compares consumption patterns for demographic subgroups in rent-controlled and free-market places. We find that in New York City, which is rent-controlled, an economically and statistically significant fraction of apartments appears to be misallocated across demographic subgroups.
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Cites
Bootstrap methods: another look at the jackknife
Efron, B. (1979) · The Annals of Statistics · doi:10.1214/aos/1176344552 · Cited by 17,602
Time for Revisionism on Rent Control?
Arnott, R. (1995) · Journal of Economic Perspectives · doi:10.1257/jep.9.1.99 · Cited by 319
A Theory of Rationing by Waiting
Barzel, Y. (1974) · The Journal of Law and Economics · doi:10.1086/466785 · Cited by 223
The Importance of Bundling in a Gorman-Lancaster Model of Earnings
Heckman, J., & Scheinkman, J. (1987) · The Review of Economic Studies · doi:10.2307/2297514 · Cited by 181
Cited by
Diamond, R., McQuade, T., & Qian, F. (2019) · American Economic Review · doi:10.1257/aer.20181289 · Cited by 423
Effectiveness and supply effects of high-coverage rent control policies
Jofre-Monseny, J., Martínez-Mazza, R., & Segú, M. (2023) · Regional Science and Urban Economics · doi:10.1016/j.regsciurbeco.2023.103916 · Cited by 31
Mortgage Lock‐In, Mobility, and Labor Reallocation
FONSECA, J., & LIU, L. (2024) · The Journal of Finance · doi:10.1111/jofi.13398 · Cited by 39
Izquierdo LLanes, G., García-López, M. J., Cabezas Ares, A., & Pinto Hernández, F. (2026) · International Journal of Housing Markets and Analysis · doi:10.1108/ijhma-03-2026-0073 · Cited by 3
Metadata
- Authors
- Glaeser, E. L., & Luttmer, E. F. P.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2003-08-01
- Volume
- 93
- Issue
- 4
- Pages
- 1027-1046
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W3124594754
- Cited by
- 355
- References
- 4
- FWCI
- 11.93
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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