Metropolitan-specific estimates of the price elasticity of supply of housing, and their sources

RK Green, S Malpezzi, SK Mayo - American Economic Review, 2005 - pubs.aeaweb.org
American Economic Review, 2005pubs.aeaweb.org
Many reviews of housing economics (and most of the papers on the subject) have noted
that, relative to many other aspects of market behavior, housing supply is understudied.
Surveys by John M. Quigley (1979), Edgar O. Olsen (1987) and Lawrence B. Smith (1988),
to give but three examples, make this point. The market for research is in turn responding; for
example, see the recent special issue of the
Many reviews of housing economics (and most of the papers on the subject) have noted that, relative to many other aspects of market behavior, housing supply is understudied. Surveys by John M. Quigley (1979), Edgar O. Olsen (1987) and Lawrence B. Smith (1988), to give but three examples, make this point. The market for research is in turn responding; for example, see the recent special issue of the
pubs.aeaweb.org
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