{"id":"https://openalex.org/W113884628","doi":"https://doi.org/10.2139/ssrn.2400833","title":"Supply Constraints Are Not Valid Instrumental Variables for Home Prices Because They Are Correlated with Many Demand Factors","display_name":"Supply Constraints Are Not Valid Instrumental Variables for Home Prices Because They Are Correlated with Many Demand Factors","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W113884628","doi":"https://doi.org/10.2139/ssrn.2400833","mag":"113884628"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2400833","doi":"https://doi.org/10.2139/ssrn.2400833","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2400833","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2400833","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5091626446","display_name":"Thomas Davidoff","orcid":"https://orcid.org/0000-0002-0836-2757","observed_orcids":["https://orcid.org/0000-0002-0836-2757"]},"institutions":[{"id":"https://openalex.org/I141945490","display_name":"University of British Columbia","ror":"https://ror.org/03rmrcq20","country_code":"CA","type":"education","lineage":["https://openalex.org/I141945490"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"Thomas Davidoff","raw_affiliation_strings":["University of British Columbia (UBC) - Sauder School of Business, 2053 Main Mall, Vancouver, BC V6T 1Z2, Canada","University of British Columbia (UBC) - Sauder School of Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of British Columbia (UBC) - Sauder School of Business, 2053 Main Mall, Vancouver, BC V6T 1Z2, Canada","institution_ids":["https://openalex.org/I141945490"]},{"raw_affiliation_string":"University of British Columbia (UBC) - Sauder School of Business","institution_ids":["https://openalex.org/I141945490"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5091626446"],"corresponding_institution_ids":["https://openalex.org/I141945490"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":55,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11014","display_name":"Regional Economics and Spatial Analysis","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/housing-supply-constraints","display_name":"housing supply constraints","score":0.9089999794960022},{"id":"https://openalex.org/keywords/housing-prices","display_name":"housing prices","score":0.8889999985694885},{"id":"https://openalex.org/keywords/housing-demand","display_name":"housing demand","score":0.550000011920929},{"id":"https://openalex.org/keywords/immigration","display_name":"immigration","score":0.9990000128746033},{"id":"https://openalex.org/keywords/price-volatility","display_name":"price volatility","score":0.8460000157356262}],"concepts":[{"id":"https://openalex.org/C162144332","wikidata":"https://www.wikidata.org/wiki/Q1665305","display_name":"Instrumental variable","level":2,"score":0.8582649230957031},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5053973197937012},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.477345734834671},{"id":"https://openalex.org/C120330832","wikidata":"https://www.wikidata.org/wiki/Q166656","display_name":"Supply and demand","level":2,"score":0.4267144203186035},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.3780408203601837},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3688969016075134},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3626210689544678}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.2400833","doi":"https://doi.org/10.2139/ssrn.2400833","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2400833","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2400833","doi":"https://doi.org/10.2139/ssrn.2400833","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2400833","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W615208969","https://openalex.org/W1493325986","https://openalex.org/W1582261457","https://openalex.org/W1966331280","https://openalex.org/W1966964587","https://openalex.org/W1983291248","https://openalex.org/W2012802197","https://openalex.org/W2056049054","https://openalex.org/W2063715511","https://openalex.org/W2077302333","https://openalex.org/W2095346757","https://openalex.org/W2103711076","https://openalex.org/W2104155568","https://openalex.org/W2123935571","https://openalex.org/W2125668666","https://openalex.org/W2125786805","https://openalex.org/W2136483071","https://openalex.org/W2140400285","https://openalex.org/W2156529536","https://openalex.org/W2158704300","https://openalex.org/W2256973745","https://openalex.org/W3021101003","https://openalex.org/W3021341950","https://openalex.org/W3121898166","https://openalex.org/W3122335971","https://openalex.org/W3124046623","https://openalex.org/W3125003292","https://openalex.org/W3125707958","https://openalex.org/W4237747678","https://openalex.org/W4237954859","https://openalex.org/W4243203340","https://openalex.org/W4407914845"],"related_works":["https://openalex.org/W651771311","https://openalex.org/W4408511384","https://openalex.org/W3132736324","https://openalex.org/W2291683413","https://openalex.org/W3124052613","https://openalex.org/W7220650597","https://openalex.org/W1959222738","https://openalex.org/W2981872616","https://openalex.org/W2905422931","https://openalex.org/W3176280267"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":9},{"year":2017,"cited_by_count":8},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":6},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}