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  1. Flexible Rent Setting and Rental Income
    Autor*in: Park, Seongjin
    Erschienen: 2023

    Using new high-frequency rent data for apartments in Chicago, this paper documents the origin of rent stickiness and its implications for income distribution in the rental housing market. This paper finds that neither Calvo nor Taylor’s models fully... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe

     

    Using new high-frequency rent data for apartments in Chicago, this paper documents the origin of rent stickiness and its implications for income distribution in the rental housing market. This paper finds that neither Calvo nor Taylor’s models fully explain rent-setting behaviors because apartments adjust rents in response to seasonal rental-housing demand and competition, showing they choose the timing and degree of rent changes. While menu costs also do not fully explain heterogeneous rent-setting behaviors across landlords, flexible rent settings of apartments owned by institutional, large, and experienced landlords suggest the lack of expertise in rent pricing leads to rent stickiness. The flexible apartments earned higher rental income than sticky apartments, and the rental income gap between flexible and sticky apartments widened during the COVID-19 pandemic, implying income or wealth shifts toward institutional landlords from mom-and-pop landlords when the rental housing market is volatile.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Dissertation
    Format: Online
    ISBN: 9798379704353
    Schriftenreihe: Dissertations Abstracts International
    Schlagworte: Finance; Home economics; Income; Pandemic; Rent data; Stickiness; Rental housing market; Apartments; Rent-setting behaviors
    Umfang: 1 Online-Ressource (99 p.)
    Bemerkung(en):

    Source: Dissertations Abstracts International, Volume: 84-12, Section: B. - Advisor: Sufi, Amir

    Dissertation (Ph.D.), The University of Chicago, 2023
  2. Discrimination against gay and transgender people in Latin America
    a correspondence study in the rental housing market
    Autor*in: Abbate, Nicolás; Berniell, Inés; Coleff, Joaquín; Laguinge, Luis; Machelett, Margarita; Marchionni, Mariana; Pedrazzi, Julián; Pinto, María Florencia
    Erschienen: 2022
    Verlag:  CEDLAS, Universidad Nacional de la Plata, [La Plata, Argentina]

    We assess the extent of discrimination against gay and transgender individuals in the rental housing markets of four Latin American countries. We conducted a large-scale field experiment building on the correspondence study methodology to examine... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 165
    Fernleihe:
    keine Fernleihe

     

    We assess the extent of discrimination against gay and transgender individuals in the rental housing markets of four Latin American countries. We conducted a large-scale field experiment building on the correspondence study methodology to examine interactions between property managers and fictitious couples engaged in searches in a major online rental housing platform. We find evidence of discriminatory behavior against heterosexual couples where the female partner is a transgender women (trans couples): they receive 19% fewer responses, 27% fewer positive responses, and 23% fewer invitations to showings than heterosexual couples. However, we find no evidence of discrimination against gay male couples. We also assess whether the evidence is consistent with taste-based discrimination or statistical discrimination models by comparing response rates when couples signal a high socioeconomic status (high SES). While we find no significant effect of the signal on call-back rates or the type of response for high-SES heterosexual or gay male couples, trans couples benefit when they signal a high SES. Their call-back, positive-response, and invitation rates increase by 25%, 36% and 29%, respectively. These results suggest the presence of discrimination against trans couples in the Latin American online rental housing market, which seems consistent with statistical discrimination. Moreover, we find no evidence of heterosexual couples being favoured over gay male couples, nor evidence of statistical discrimination for gay male or heterosexual couples.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/289887
    Schriftenreihe: Documento de trabajo / CEDLAS ; nro. 306 (Noviembre, 2022)
    Schlagworte: LGBTQ+; Discrimination; Correspondence study; Rental housing market; LatinAmerica
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen