@article{221921b0157a11df803f000ea68e967b,
title = "Rent control and tenancy duration",
abstract = "This paper investigates how rent control affects mobility in the Danish housing market. We apply a proportional hazard duration model, that encompasses both the presence of left truncated tenancy durations, right censored observations and allows for a very flexible specification of the time dependency of the hazard rate. Tenancy mobility is severely reduced by rent control. For a typical household in the private rental sector tenancy duration is found to be more than six years longer if the apartment belongs to the 10% most regulated units than if it belongs to the 10% least regulated units.",
author = "Munch, {Jakob Roland} and Michael Svarer",
note = "JEL classification: C41, D45, L51, R31",
year = "2002",
doi = "10.1016/S0094-1190(02)00502-8",
language = "English",
volume = "52",
pages = "542--560",
journal = "Journal of Urban Economics",
issn = "0094-1190",
publisher = "Academic Press",
number = "3",
}