著者

白川 慧一 大越 利之

出版者

公益社団法人 日本不動産学会

雑誌

日本不動産学会誌 (ISSN:09113576)

巻号頁・発行日

vol.31, no.1, pp.88-96, 2017-06-29 (Released:2018-06-29)

参考文献数

8

被引用文献数

1

---

In residential real estate market, the agent has an incentive to steer her clients to her own listing or buyers rather than offering the best value transaction, which derives from allowing dual agency and information asymmetry among buyers, sellers and agents. We estimated commission levels and sale prices of real estate brokers by questionnaire survey, and found that seven out of ten brokers are making dual-agency deals and lowering sale prices. We couldnʼt find any effects of the number of employees, location of office and major types of contract on dual agency.

著者

大越 利之 Toshiyuki Okoshi

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.19, no.1, pp.73-101, 2011-03-10

---

This paper examines how monetary policy has variant impacts on regional economies in Japan.Estimating VECM for the endogenous macro and regional variables.I find that(1)the depth and the duration of monetary policy shock's effects on each prefecture's bank lending and real output varies,and(2)the lower the value of mortgage the larger monetary policy effect regional economy experiences.This empirical evidence indicates the "balance sheet channel"of monetary policy functions well in Japan.