Essays in housing markets

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Abstract/Contents

Abstract
This dissertation studies inefficiencies and riskiness in the US housing market. In Chapter I, coauthored with Anthony Lee Zhang, we study liquidity in residential real estate markets and show that market illiquidity is a key determinant of individual house price risk. In Chapter II, coauthored with Zi Yang Kang, we study how the quality of houses traded in a market evolves in the presence of predictable cyclical changes in market conditions. Chapter III studies how industrial concentration creates risk concentration through amplified pass-through of industry-specific productivity shocks into local house prices, wages, and employment.

Description

Type of resource text
Form electronic resource; remote; computer; online resource
Extent 1 online resource.
Place California
Place [Stanford, California]
Publisher [Stanford University]
Copyright date 2021; ©2021
Publication date 2021; 2021
Issuance monographic
Language English

Creators/Contributors

Author Kotova, Nadezda Andreevna
Degree supervisor Piazzesi, Monika
Degree supervisor Schneider, Martin, (Professor of economics)
Thesis advisor Piazzesi, Monika
Thesis advisor Schneider, Martin, (Professor of economics)
Thesis advisor Diamond, Rebecca, (Of Stanford University. Graduate School of Business)
Degree committee member Diamond, Rebecca, (Of Stanford University. Graduate School of Business)
Associated with Stanford University, Graduate School of Business

Subjects

Genre Theses
Genre Text

Bibliographic information

Statement of responsibility Nadia Kotova.
Note Submitted to the Graduate School of Business.
Thesis Thesis Ph.D. Stanford University 2021.
Location https://purl.stanford.edu/cw092yq2425

Access conditions

Copyright
© 2021 by Nadezda Andreevna Kotova
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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