The DOI matches its Crossref record; 24 of the 24 references it cites were found in a registry or an index.
Hot and Cold Seasons in the Housing Market
Open accessAbstract
Every year housing markets in the United Kingdom and the United States experience systematic above-trend increases in prices and transactions during the spring and summer (“hot season”) and below-trend falls during the autumn and winter (“cold season”). House price seasonality poses a challenge to existing housing models. We propose a search-and-matching model with thick-market effects. In thick markets, the quality of matches increases, rising buyers' willingness to pay and sellers' desire to transact. A small, deterministic driver of seasonality can be amplified and revealed as deterministic seasonality in transactions and prices, quantitatively mimicking seasonal fluctuations in UK and US markets. (JEL C78, R21, R31)
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Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach
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Winter Blues: A SAD Stock Market Cycle
Kamstra, M. J., Kramer, L. A., & Levi, M. D. (2003) · American Economic Review · doi:10.1257/000282803321455322 · Cited by 1,096
The baby boom, the baby bust, and the housing market
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Metadata
- Authors
- Ngai, L. R., & Tenreyro, S.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2014-12-01
- Volume
- 104
- Issue
- 12
- Pages
- 3991-4026
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W1959116447
- Cited by
- 270
- References
- 24
- FWCI
- 47.54
- Type
- journal article
- Language
- en
- Open access
- bronze
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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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