Rent control and tenancy duration

Jakob Roland Munch; Michael Svarer

doi:10.1016/S0094-1190(02)00502-8

Rent control and tenancy duration

Jakob Roland Munch, Michael Svarer

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

54 Citationer (Scopus)

Abstract

Udgivelsesdato: November

Originalsprog	Engelsk
Tidsskrift	Journal of Urban Economics
Vol/bind	52
Udgave nummer	3
Sider (fra-til)	542-560
Antal sider	19
ISSN	0094-1190
DOI	https://doi.org/10.1016/S0094-1190(02)00502-8
Status	Udgivet - 2002
Udgivet eksternt	Ja

Bibliografisk note

JEL classification: C41, D45, L51, R31

Adgang til dokumentet

10.1016/S0094-1190(02)00502-8

Citationsformater

@article{221921b0157a11df803f000ea68e967b,

title = "Rent control and tenancy duration",

abstract = "This paper investigates how rent control affects mobility in the Danish housing market. We apply a proportional hazard duration model, that encompasses both the presence of left truncated tenancy durations, right censored observations and allows for a very flexible specification of the time dependency of the hazard rate. Tenancy mobility is severely reduced by rent control. For a typical household in the private rental sector tenancy duration is found to be more than six years longer if the apartment belongs to the 10% most regulated units than if it belongs to the 10% least regulated units.",

author = "Munch, {Jakob Roland} and Michael Svarer",

note = "JEL classification: C41, D45, L51, R31",

year = "2002",

doi = "10.1016/S0094-1190(02)00502-8",

language = "English",

volume = "52",

pages = "542--560",

journal = "Journal of Urban Economics",

issn = "0094-1190",

publisher = "Academic Press",

number = "3",

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AU - Munch, Jakob Roland

AU - Svarer, Michael

N1 - JEL classification: C41, D45, L51, R31

PY - 2002

Y1 - 2002

N2 - This paper investigates how rent control affects mobility in the Danish housing market. We apply a proportional hazard duration model, that encompasses both the presence of left truncated tenancy durations, right censored observations and allows for a very flexible specification of the time dependency of the hazard rate. Tenancy mobility is severely reduced by rent control. For a typical household in the private rental sector tenancy duration is found to be more than six years longer if the apartment belongs to the 10% most regulated units than if it belongs to the 10% least regulated units.

AB - This paper investigates how rent control affects mobility in the Danish housing market. We apply a proportional hazard duration model, that encompasses both the presence of left truncated tenancy durations, right censored observations and allows for a very flexible specification of the time dependency of the hazard rate. Tenancy mobility is severely reduced by rent control. For a typical household in the private rental sector tenancy duration is found to be more than six years longer if the apartment belongs to the 10% most regulated units than if it belongs to the 10% least regulated units.

U2 - 10.1016/S0094-1190(02)00502-8

DO - 10.1016/S0094-1190(02)00502-8

M3 - Journal article

SN - 0094-1190

VL - 52

SP - 542

EP - 560

JO - Journal of Urban Economics

JF - Journal of Urban Economics

IS - 3

ER -