Behaviour of the Rental Price of Housing

  • Alan A. Powell
  • Christopher W. Murphy
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 428)


As in most macroeconomic models, commodity disaggregation in MM is restricted to the minimum necessary to capture major features of the macroeconomy. Housing has a special status in MM.


Equilibrium Price Housing Stock Occupancy Rate Forecast Period Housing Service 
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  1. 23.
    Murphy (1992a), p. II-5 (04/05/92).Google Scholar
  2. 24.
    Murphy (1992a), p. 1V-22 (09/04/92).Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 1995

Authors and Affiliations

  • Alan A. Powell
    • 1
  • Christopher W. Murphy
    • 2
  1. 1.Impact Research CentreMonash UniversityClaytonAustralia
  2. 2.ECONTECHKingstonAustralia

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