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Supply Constraints Are Not Valid Instrumental Variables for Home Prices Because They Are Correlated with Many Demand Factors
16 references·1 citing·50 second hop
Supply Constraints Are Not Valid Instrumental Variables for Home Prices Because They Are Correlated with Many Demand Factors (2014)Supply Constraints Are Not Valid Instrume…The Determinants and Welfare Implications of US Workers' Diverging Location Choices by Skill: 1980–2000 (2016)The Determinants and Welfare …House prices, collateral, and self-employment (2015)House prices, collateral, and…Supply constraints and housing market dynamics (2013)Supply constraints and housin…On the origins of land use regulations: Theory and evidence from US metro areas (2013)On the origins of land use re…The Collateral Channel: How Real Estate Shocks Affect Corporate Investment (2012)The Collateral Channel: How R…The Collateral Channel: How Real Estate Shocks Affect Corporate Investment (2011)The Collateral Channel: How R…Residential land use regulation and the US housing price cycle between 2000 and 2009 (2011)Residential land use regulati…The Geographic Determinants of Housing Supply * (2010)The Geographic Determinants o…Real Wage Inequality (2008)Real Wage InequalityHousing supply and housing bubbles (2008)Housing supply and housing bu…Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources (2005)Metropolitan-Specific Estimat…Real Estate “Cycles”: Some Fundamentals (1999)Real Estate “Cycles”: Some Fu…Regional Evolutions (1992)Regional EvolutionsWho Benefits from State and Local Economic Development Policies? (1991)Who Benefits from State and L…The Experience of Landscape (1978)The Experience of LandscapeZoning and Property Taxation in a System of Local Governments (1975)Zoning and Property Taxation …Dynamism Diminished: The Role of Housing Markets and Credit Conditions (2019)Dynamism Diminished: The Role…A Pure Theory of Local Expenditures (1956)The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis (1969)The Economic Theory of Clubs: An Evaluative Survey (1980)A Theory of Persistent Income Inequality (1992)Income Distribution, Communities, and the Quality of Public Education (1996)American Economic Review (2019)Location and Land Use: Toward a General Theory of Land Rent (1964)Zipf's Law for Cities: An Explanation (1999)House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis (2011)Household Balance Sheets, Consumption, and the Economic Slump* (2013)What Explains the 2007-2009 Drop in Employment? (2014)Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition (1974)Specification Tests in Econometrics (1978)Preventing Crime: What Works, What Doesn't, What's Promising (1998)Regions, Globalization, Development (2003)Studies in the Structure of the Urban Economy (1973)House Price Dynamics: The Role of Tax Policy and Demography (1991)Housing Market Dynamics and the Future of Housing Prices (1994)Job creation and housing construction: Constraints on metropolitan area employment growth (2007)Housing markets and the financial crisis of 2007–2009: Lessons for the future (2010)The Impact of Supply Constraints on House Prices in England (2014)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Credit Cycles (1997)Collateral constraints and macroeconomic asymmetries (2017)Housing Price Booms and Crowding-Out Effects in Bank Lending (2018)Housing Wealth Effects: The Long View (2020)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Noise Trader Risk in Financial Markets (1990)Prospect Theory and Asset Prices (2001)Racial Segregation and the American Foreclosure Crisis (2010)A Real Estate Boom with Chinese Characteristics (2017)The Economic Implications of Housing Supply (2018)Credit Rationing in Markets with Imperfect Information (1981)Financing Constraints and Corporate Investment (1987)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Productivity Advantages of Large Cities: Distinguishing Agglomeration From Firm Selection (2012)Does Climate Change Affect Real Estate Prices? Only If You Believe In It (2018)Conditional logit analysis of qualitative choice behavior (1972)Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations (1993)Automobile Prices in Market Equilibrium (1995)The Economics of Density: Evidence From the Berlin Wall (2015)Firming Up Inequality* (2018)Housing Constraints and Spatial Misallocation (2019)Landscape perception: Research, application and theory (1982)Culture and changing landscape structure (1995)Evolution and Cognition (2001)Fighting Poverty in the US and Europe (2004)Ethnic Diversity and Economic Performance (2005)Catastrophic Natural Disasters and Economic Growth (2013)
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References

  • 1991Who Benefits from State and Local Economic Development Policies?2,641 cited
  • 2010The Geographic Determinants of Housing Supply *1,971 cited
  • 1992Regional Evolutions1,761 cited
  • 1978The Experience of Landscape1,065 cited
  • 2016The Determinants and Welfare Implications of US Workers' Diverging Location Choices by Skill: 1980–20001,046 cited
  • 2012The Collateral Channel: How Real Estate Shocks Affect Corporate Investment975 cited
  • 2008Housing supply and housing bubbles846 cited
  • 1975Zoning and Property Taxation in a System of Local Governments570 cited
  • 2015House prices, collateral, and self-employment482 cited
  • 2005Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources410 cited
  • 2008Real Wage Inequality348 cited
  • 1999Real Estate “Cycles”: Some Fundamentals335 cited
  • 2011The Collateral Channel: How Real Estate Shocks Affect Corporate Investment261 cited
  • 2013On the origins of land use regulations: Theory and evidence from US metro areas200 cited
  • 2011Residential land use regulation and the US housing price cycle between 2000 and 2009175 cited

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2013
Supply constraints and housing market dynamics
174 cited

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  • 2019Dynamism Diminished: The Role of Housing Markets and Credit Conditions55 cited