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Communication dans un congrès

Housing market discrimination, housing regulations and intermediaries

Abstract : Housing and labor markets exhibit many similarities. First, information is imperfect. Tenant quality, like worker quality, is unobserved. Second, separation is costly and time consuming. The laws and regulation typically complicate or slow down the termination process of the contractual relationship and make it more costly for firms and landlords to fire an employee /evict a tenant. And finally, there are rigidities in nominal wages and rents. Adapting tools from labor theory, we attempt to understand how landlords wish to screen and possibly statistically discriminate against potential tenants. They do so when housing regulations are more stringent. If they have a "taste against discrimination" (the opposite of Becker's "taste for discrimination"), they are more likely to have recourse to agencies in order to outsource screening. Preliminary descriptive evidence of cross-country differences in housing regulations and housing market functioning is provided.
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Communication dans un congrès
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Soumis le : vendredi 12 septembre 2014 - 16:10:07
Dernière modification le : vendredi 23 octobre 2020 - 17:01:38
Archivage à long terme le : : samedi 13 décembre 2014 - 10:08:34


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  • HAL Id : hal-01053551, version 1
  • SCIENCESPO : 2441/9023



Etienne Wasmer. Housing market discrimination, housing regulations and intermediaries. Expanding the Frontiers of Economics: session Interactions Between Urban Housing and Labor Markets, Jan 2005, Philadelphia, United States. pp.1-33. ⟨hal-01053551⟩



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