Should we tax vacant dwellings? A search equilibrium model applied to the rental housing market

Sébastien Ménard

Economics Letters, 2012, vol. 117, issue 1, 88-90

Abstract: This article examines the effects of a tax on vacant dwellings. I use a search equilibrium model in which the distribution of rent is the result of the owners’ posting strategy. I show that this tax reduces the number of vacant dwellings and increases the average rent.

Keywords: Housing market; Rent distribution; Search equilibrium, matching (search for similar items in EconPapers)
JEL-codes: C78 D83 R21 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:1:p:88-90

DOI: 10.1016/j.econlet.2012.04.095

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