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- Publications
- Influence
Housing Prices, Externalities, and Regulation in U.S. Metropolitan Areas
- S. Malpezzi
- Business
- 8 November 1996
Housing prices vary widely between U.S. markets. The purpose of this study is to analyze determinants of housing prices, with particular focus on the effects of regulations in land and housing… Expand
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The Long-Run Price Elasticity of Supply of New Residential Construction in the United States and the United Kingdom
- S. Malpezzi, D. Maclennan
- Economics
- 1 September 2001
Abstract Most housing models, and most policy analysis, hinge on explicit or implicit estimates of the price elasticity of supply of housing: does the market respond to demand side shocks with more… Expand
The Role of Speculation in Real Estate Cycles
- S. Malpezzi, S. Wachter
- Economics
- 18 June 2002
Our study investigates the role of speculation in real estate cycles. We find that even a simple model of lagged supply response to price changes and speculation is sufficient to generate real estate… Expand
New Place-to-Place Housing Price Indexes for U.S. Metropolitan Areas, and Their Determinants
- S. Malpezzi, Gregory H. Chun, Richard K. Green
- Business, Economics
- 1 March 1996
Housing prices vary widely from market to market in the United States. The purpose of this study is to (1) construct new place-to-place indexes of the price of housing, using the 1990 Census, and (2)… Expand
Does the low-income housing tax credit increase the supply of housing?
- S. Malpezzi, Kerry D. Vandell
- Economics
- 1 December 2002
Abstract The low-income housing tax credit (LIHTC) was originated in conjunction with the Tax Reform Act of 1986 (TRA 86) to provide incentives for private sector production of low-income housing. In… Expand
Urban Housing and Financial Markets: Some International Comparisons
- S. Malpezzi
- Business
- 1 December 1990
Economic analysis of housing markets in developing and transition economies
- S. Malpezzi
- Business
- 1999
The purpose of this chapter is to survey recent research on housing markets and policy in what used to be called the "second" and "third" worlds. We adopt the labels "transition" economies to refer… Expand
A Review of Empirical Evidence on the Costs and Benefits of Rent Control
- B. Turner, S. Malpezzi
- Economics
- 2003
Summary We survey selected literature on costs and benefits of rent controls, with a particular emphasis on empirical literature. Much of the empirical literature focuses on measuring welfare changes… Expand
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