Selcuk, Cemil (2012): Seasonal cycles in the housing market.
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The housing market exhibits a puzzling yet repetitive seasonal boom and bust cycle where prices and trade volume rise in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic cycle.
|Item Type:||MPRA Paper|
|Original Title:||Seasonal cycles in the housing market|
|Keywords:||housing, search, thin and thick markets, seasonality|
|Subjects:||D - Microeconomics > D3 - Distribution > D39 - Other
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search; Learning; Information and Knowledge; Communication; Belief
D - Microeconomics > D4 - Market Structure and Pricing > D49 - Other
|Depositing User:||Cemil Selcuk|
|Date Deposited:||27. Jan 2012 21:31|
|Last Modified:||11. Feb 2013 19:40|
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