English, Article, Journal or magazine article edition: Policy Coordination in an Oligopolistic Housing Market. Ana I. Saracho; José M. Usategui

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Bookmark: http://trove.nla.gov.au/version/183356
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Policy Coordination in an Oligopolistic Housing Market.
Author
  • Ana I. Saracho
  • José M. Usategui
Physical Description
  • preprint
Notes
  • This paper analyzes the consequences of the interaction between two different levels of government (regulators) in the development of housing policy when their decisions determine the level of competition in the housing market. The analysis discusses the implications derived from a lack of coordination between a local regulator who controls the supply of land for housing development and a central regulator who decides on housing subsidies. The results suggest that lack of coordination has significant effects on prices and supply of houses, housing developers' profits, and buyers' surplus.
  • Imperfect competition, housing policy coordination
  • RePEc:ehu:dfaeii:200802
Language
  • English
Contributed by
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