Alan S. Blinder's scientific contributions

Citations

... Alternatively, income substitution effect would result in a fall in housing demand. Higher housing prices reduced the demand for the houses since they reduced the purchasing power of the buyers' disposable income (Baumol et al., 2011). A rational buyer for a house would consider purchasing the house when the deal is good and could be managed within his/her budget constraints (Mazurek et al., 2019). ...