This chapter surveys the literature on the microstructure of housing markets. It considers one-
sided search, random matching, and directed search models. It also examines the …

How do pandemics affect urban housing markets? This paper studies historical outbreaks of
the plague in 17th-century Amsterdam and cholera in 19th-century Paris to answer this …

We investigate housing market responses to transaction taxes using administrative data on
all property transactions in the UK from 2004 to 2012 combined with quasi-experimental …

We document that seasonal temperatures have significant and systematic effects on the US
economy, both at the aggregate level and across a wide cross section of economic sectors …

We test the performance of a host of real and financial variables as early warning indicators
for costly aggregate asset price boom/bust cycles, using data for 18 OECD countries. A …

In this chapter, we review and discuss the large body of research that has developed over
the past 10-plus years that explores the interconnection of macroeconomics, finance, and …

Housing markets clear partly through the time buyers and sellers spend on the market, and
the readiness with which they transact with each other. Applying a random matching model …

Identifying the effects of “flights to safety” on asset prices using pure time-series methods is
difficult because crises are infrequent. We develop a new cross-sectional identification …

We test the performance of a host of real and financial variables as early warning indicators
for costly aggregate asset price boom/bust cycles, using data for 18 OECD countries …

We study housing markets with multiple segments searched by heterogeneous clienteles. In
the San Francisco Bay Area, search activity and inventory covary negatively across cities …