TY  - RPRT
AU  - Díaz, Antonia
AU  - Jerez, Belén
AU  - Rincón Zapatero, Juan P.
PY  - 2022
SN  - 2341-2356
UR  - https://hdl.handle.net/20.500.14352/4335
AB  - This paper shows that, when utility is imperfectly transferable and the search process is competitive (or directed), wealthier buyers pay higher prices to speed up transactions. This result is established in a dynamic model of the housing market where...
LA  - eng
KW  - Competitive search
KW  - Wealth effects
KW  - Housing prices
KW  - Credit constraints
KW  - Housing supply elasticity
KW  - Rental market.
TI  - Housing Prices and Credit Constraints in Competitive Search
TY  - technical report
VL  - 2022
ER  -