Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming

Rutger-Jan Lange, Coen N. Teulings. Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming. J. Economic Theory, 215:105776, January 2024. [doi]

@article{LangeT24,
  title = {Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming},
  author = {Rutger-Jan Lange and Coen N. Teulings},
  year = {2024},
  month = {January},
  doi = {10.1016/j.jet.2023.105776},
  url = {https://doi.org/10.1016/j.jet.2023.105776},
  researchr = {https://researchr.org/publication/LangeT24},
  cites = {0},
  citedby = {0},
  journal = {J. Economic Theory},
  volume = {215},
  pages = {105776},
}