The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …

There is a growing debate about whether new housing units increase rents for immediately
surrounding apartments. Some argue new market-rate development produces a supply …

The COVID-19 pandemic induced an increase in both the amount of time that households
spend at home and the share of expenditures allocated to at-home consumption. These …

Abstract We are analysing Stockholm, Sweden's regulated rental housing market, by
analysing the distribution of rental apartments based on a person's position in the housing …

We show that monetary policy affects homeownership decisions and argue that this effect is
an important and overlooked channel of monetary policy transmission. We first document …

This paper documents housing rent rigidity under downward pressure, using the monthly
household/room-level movement of housing rents through tenancies and vacancies in …

We implement a novel nonlinear structural model featuring an empirically successful
frequency‐dependent and asymmetric Phillips curve; unemployment frequency components …

Motivated by the recent rise in interest rates and high inflation in the euro area, we test
households' resilience against these shocks by performing microsimulations to investigate …

Housing rents are a large share of household budgets and make a large contribution to
overall inflation. Rent inflation rates for different types of housing units sometimes diverge …

Low-cost but unsubsidized one-to four-unit rental properties provide a critical source of
housing for millions of low-and moderate-income renters. These properties are …