Matches in SemOpenAlex for { <https://semopenalex.org/work/W2891521396> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2891521396 abstract "Most models of the rental housing market assume a close linkage between the level of residential rents and the after-tax user cost of rental housing capital. However, little empirical evidence exists to establish the strength of this linkage or the speed with which rents adjust to changes in user cost or tax policy. This paper develops and estimates an econometric model of the rental housing market in order to shed light on both of these issues. United States annual data for 1964 through 1993 are used to generate two-stage least squares estimates of a four equation structural model. Although the results are generally consistent with expectations and reveal several interesting relationships among the system variables, the estimates fail to identify a strong relationship between rent and user cost. About half of an increase in user cost is ultimately passed along as higher rent. The adjustment process also takes a long time, with only about a third of the long-run effect realized within ten years of a user cost shock. The fundamental reason for this result is that our estimate of the user cost series, based upon widely accepted procedures, is much more volatile than the residential rent series." @default.
- W2891521396 created "2018-09-27" @default.
- W2891521396 creator A5023667127 @default.
- W2891521396 creator A5036605581 @default.
- W2891521396 date "1995-07-01" @default.
- W2891521396 modified "2023-09-27" @default.
- W2891521396 title "In Search of Empirical Evidence that Links Rent and User Cost" @default.
- W2891521396 hasPublicationYear "1995" @default.
- W2891521396 type Work @default.
- W2891521396 sameAs 2891521396 @default.
- W2891521396 citedByCount "0" @default.
- W2891521396 crossrefType "posted-content" @default.
- W2891521396 hasAuthorship W2891521396A5023667127 @default.
- W2891521396 hasAuthorship W2891521396A5036605581 @default.
- W2891521396 hasConcept C10138342 @default.
- W2891521396 hasConcept C104317684 @default.
- W2891521396 hasConcept C106866004 @default.
- W2891521396 hasConcept C111472728 @default.
- W2891521396 hasConcept C126322002 @default.
- W2891521396 hasConcept C127413603 @default.
- W2891521396 hasConcept C138885662 @default.
- W2891521396 hasConcept C147176958 @default.
- W2891521396 hasConcept C149782125 @default.
- W2891521396 hasConcept C162324750 @default.
- W2891521396 hasConcept C166052673 @default.
- W2891521396 hasConcept C175444787 @default.
- W2891521396 hasConcept C182306322 @default.
- W2891521396 hasConcept C185592680 @default.
- W2891521396 hasConcept C21782646 @default.
- W2891521396 hasConcept C2781300812 @default.
- W2891521396 hasConcept C31266012 @default.
- W2891521396 hasConcept C55493867 @default.
- W2891521396 hasConcept C71924100 @default.
- W2891521396 hasConcept C85502023 @default.
- W2891521396 hasConceptScore W2891521396C10138342 @default.
- W2891521396 hasConceptScore W2891521396C104317684 @default.
- W2891521396 hasConceptScore W2891521396C106866004 @default.
- W2891521396 hasConceptScore W2891521396C111472728 @default.
- W2891521396 hasConceptScore W2891521396C126322002 @default.
- W2891521396 hasConceptScore W2891521396C127413603 @default.
- W2891521396 hasConceptScore W2891521396C138885662 @default.
- W2891521396 hasConceptScore W2891521396C147176958 @default.
- W2891521396 hasConceptScore W2891521396C149782125 @default.
- W2891521396 hasConceptScore W2891521396C162324750 @default.
- W2891521396 hasConceptScore W2891521396C166052673 @default.
- W2891521396 hasConceptScore W2891521396C175444787 @default.
- W2891521396 hasConceptScore W2891521396C182306322 @default.
- W2891521396 hasConceptScore W2891521396C185592680 @default.
- W2891521396 hasConceptScore W2891521396C21782646 @default.
- W2891521396 hasConceptScore W2891521396C2781300812 @default.
- W2891521396 hasConceptScore W2891521396C31266012 @default.
- W2891521396 hasConceptScore W2891521396C55493867 @default.
- W2891521396 hasConceptScore W2891521396C71924100 @default.
- W2891521396 hasConceptScore W2891521396C85502023 @default.
- W2891521396 hasLocation W28915213961 @default.
- W2891521396 hasOpenAccess W2891521396 @default.
- W2891521396 hasPrimaryLocation W28915213961 @default.
- W2891521396 hasRelatedWork W1988731731 @default.
- W2891521396 hasRelatedWork W2019072166 @default.
- W2891521396 hasRelatedWork W2068146960 @default.
- W2891521396 hasRelatedWork W2078532967 @default.
- W2891521396 hasRelatedWork W2084211299 @default.
- W2891521396 hasRelatedWork W2131386231 @default.
- W2891521396 hasRelatedWork W2157043160 @default.
- W2891521396 hasRelatedWork W2160240634 @default.
- W2891521396 hasRelatedWork W2198973384 @default.
- W2891521396 hasRelatedWork W2314979780 @default.
- W2891521396 hasRelatedWork W2901603394 @default.
- W2891521396 hasRelatedWork W3045233755 @default.
- W2891521396 hasRelatedWork W3121355886 @default.
- W2891521396 hasRelatedWork W3121896905 @default.
- W2891521396 hasRelatedWork W3122118736 @default.
- W2891521396 hasRelatedWork W3123547329 @default.
- W2891521396 hasRelatedWork W3150780236 @default.
- W2891521396 hasRelatedWork W3198624819 @default.
- W2891521396 hasRelatedWork W1910207812 @default.
- W2891521396 hasRelatedWork W2187523397 @default.
- W2891521396 isParatext "false" @default.
- W2891521396 isRetracted "false" @default.
- W2891521396 magId "2891521396" @default.
- W2891521396 workType "article" @default.