抄録
A model of a rental housing market in which houses are treated as indivisible commodities is presented. A recursive equation that determines a competitive equilibrium is provided, and it is argued that this competitive equilibrium is representative of the set of all competitive equilibria. Using this representative equilibrium, several propositions on comparative statics are considered that have to do with how the competitive rents change when certain parameters of the model change.
| 本文言語 | English |
|---|---|
| ページ（範囲） | 22-50 |
| ページ数 | 29 |
| ジャーナル | Journal of Urban Economics |
| 巻 | 13 |
| 号 | 1 |
| DOI | |
| 出版ステータス | Published - 1983 |
| 外部発表 | はい |
ASJC Scopus subject areas
- 経済学、計量経済学