THE COMPARATIVE STATIC RESPONSE OF RENTAL HOUSING TO A PRICE CHANGE: INFLATION AND GOVERNMENT POLICY*
通过一个两期消费者选择模型，以通货膨胀率上升为例，分析了租金住房对价格变化的短期比较静态反应，并讨论了通货膨胀在租金住房市场中的部分均衡分配效应。
ABSTRACT. A two period consumer choice model is presented in which housing is treated as a quality differentiated good. The short‐run comparative static response of rental housing to a price change is examined via an example, an exogenous increase in the inflation rate. Two stylized facts are alternately used; interest income is taxed, and interest rate ceilings are imposed on small savings deposits. The partial equilibrium distributional impact of inflation, in the context of rental housing markets, is also discussed.