Communication dans des actes de colloque publiés
Housing market discrimination, housing regulations and intermediaries
Expanding the Frontiers of Economics: Annual Meeting of the American Economic Association
WASMER Etienne - (Auteur)
FR : American Economic Association
1 - 33 p.
Nom de la conférence
Expanding the Frontiers of Economics: session Interactions Between Urban Housing and Labor Markets
Date(s) de la conférence
2005-01-07 / 2005-01-09
Lieu de la conférence
Housing and labor markets exhibit many similarities. First, information is imperfect. Tenant quality, like worker quality, is unobserved. Second, separation is costly and time consuming. The laws and regulation typically complicate or slow down the termination process of the contractual relationship and make it more costly for firms and landlords to fire an employee /evict a tenant. And finally, there are rigidities in nominal wages and rents. Adapting tools from labor theory, we attempt to understand how landlords wish to screen and possibly statistically discriminate against potential tenants. They do so when housing regulations are more stringent. If they have a “taste against discrimination” (the opposite of Becker’s “taste for discrimination”), they are more likely to have recourse to agencies in order to outsource screening. Preliminary descriptive evidence of cross-country differences in housing regulations and housing market functioning is provided.