This book explores the dynamic relationship between housing tenure, employment status, and market outcomes through the lens of search-and-matching models. By focusing on search and matching as core features of the housing market trading process, it introduces a modern economic framework for analyzing housing markets.
Key topics include:
The role of search markets in shaping housing prices Interactions between rental and sale prices of homes Connections between homeownership and unemployment The impact of housing needs on labor market policies
Designed for scholars and students of housing and labor economics, this book serves as both a comprehensive resource for researchers and a textbook for courses examining the interplay between housing tenure and labor market dynamics.
Chapter
1. The Fundamentals of a Search and Matching Model.
Chapter
2.
A Basic Search and Matching Model of the Housing Market.
Chapter
3. The
Effect of Trading Frictions on the House Price.
Chapter
4. Search and
Matching in the Four-Quadrant Model.
Chapter
5. Matching in the Mortgage
Market.
Chapter
6. Housing Tenure and Labour Market Outcomes.
Chapter
7.
Homeownership and Equilibrium Unemployment.
Chapter
8. Outright Homeowners
and Homeowners with a Mortgage.
Chapter
9. Wage and Homeownership.
Chapter
10. Job Mobility, Moving and Commuting.
Gaetano Lisi is an Associate Professor of Economic Policy at the eCampus University (Faculty of Economics) in Italy, where he teaches Development Economics and Economic Policy for Economic Growth and Sustainable Development.
