1% ============================================================================2% UQO Working Paper Template — Economics / Finance3% ============================================================================4\documentclass[12pt,letterpaper]{article}56% --- Encoding & Language ---7\usepackage[utf8]{inputenc}8\usepackage[T1]{fontenc}9\usepackage[english]{babel}1011% --- Page Layout ---12\usepackage[13 letterpaper,14 top=1in,15 bottom=1in,16 left=1in,17 right=1in18]{geometry}1920% --- Typography ---21\usepackage{mathptmx} % Times-like font (text + math)22\usepackage{microtype} % Improved typographic refinements23\usepackage{setspace}24\onehalfspacing % 1.5 line spacing2526% --- Math ---27\usepackage{amsmath,amssymb,amsthm}2829% --- Theorem Environments (WP19) ---30\theoremstyle{plain}31\newtheorem{proposition}{Proposition}32\newtheorem{lemma}{Lemma}33\newtheorem{corollary}{Corollary}34\theoremstyle{definition}35\newtheorem{assumption}{Assumption}36\newtheorem{definition}{Definition}37\theoremstyle{remark}38\newtheorem{remark}{Remark}39\newtheorem{conjecture}{Conjecture}4041% --- Tables ---42\usepackage{booktabs}43\usepackage{tabularx}44\usepackage{multirow}45\usepackage{threeparttable}46\usepackage{siunitx}47\sisetup{48 input-symbols = {()},49 table-format = -1.3,50 parse-numbers = false51}5253% --- Figures ---54\usepackage{graphicx}55\usepackage{subcaption}56\usepackage{float}57\graphicspath{{figures/}}5859% --- Colors & Links ---60\usepackage[dvipsnames]{xcolor}61\usepackage[62 colorlinks = true,63 linkcolor = NavyBlue,64 citecolor = NavyBlue,65 urlcolor = NavyBlue,66 breaklinks = true67]{hyperref}68\hypersetup{pdftitle={The Endogenous Housing Liquidity Premium: Search Frictions, Seller Urgency, and Price Discovery},69 pdfauthor={Simon-Pierre Boucher}}7071% --- Bibliography ---72\usepackage[authoryear,round,semicolon]{natbib}73\bibliographystyle{aer}7475% --- Captions ---76\usepackage[77 font = small,78 labelfont = bf,79 labelsep = period,80 justification = justified,81 singlelinecheck = false82]{caption}8384% --- Headers & Footers ---85\usepackage{fancyhdr}86\pagestyle{fancy}87\fancyhf{}88\renewcommand{\headrulewidth}{0pt}89\fancyfoot[C]{\thepage}9091% --- Section Formatting ---92\usepackage{titlesec}93\titleformat{\section}{\large\bfseries}{\thesection.}{0.5em}{}94\titleformat{\subsection}{\normalsize\bfseries}{\thesubsection.}{0.5em}{}95\titleformat{\subsubsection}{\normalsize\itshape}{\thesubsubsection.}{0.5em}{}9697% --- Appendix Support ---98\usepackage[toc,page]{appendix}99100% --- Misc ---101\usepackage{enumitem}102\setlist{nosep,leftmargin=*}103104% ============================================================================105% METADATA — Edit these fields for each working paper106% ============================================================================107\newcommand{\WPnumber}{19}108\newcommand{\WPtitle}{The Endogenous Housing Liquidity Premium}109\newcommand{\WPsubtitle}{Search Frictions, Seller Urgency, and Price Discovery}110\newcommand{\WPdate}{October 2026}111\newcommand{\WPversion}{1.0}112\input{sections/abstract}113\newcommand{\WPkeywords}{housing liquidity, search and matching, seller urgency, time on market, price dispersion, sale selection, financing contingencies}114\newcommand{\WPjel}{R31, R21, D83, C63, G51}115116% --- Author ---117\newcommand{\WPauthor}{Simon-Pierre Boucher}118\newcommand{\WPaffiliation}{%119 Département des sciences administratives\\120 Université du Québec en Outaouais%121}122\newcommand{\WPemail}{simon-pierre.boucher@uqo.ca}123\newcommand{\WPaddress}{%124 Gatineau -- Pavillon Alexandre-Taché\\125 283, boulevard Alexandre-Taché\\126 Gatineau, Québec, Canada J9A 1L8%127}128129% ============================================================================130% DOCUMENT131% ============================================================================132\begin{document}133134% --- Title Page ---135\input{sections/titlepage}136137% --- Numbers generated from results/ (src/tables.py) ---138\input{tables/numbers}139140% --- Main Body ---141\input{sections/introduction}142\input{sections/literature}143\input{sections/benchmark}144\input{sections/model}145\input{sections/propositions}146\input{sections/numerical}147\input{sections/baseline}148\input{sections/counterfactuals}149\input{sections/welfare}150\input{sections/conclusion}151152% --- References ---153\newpage154\bibliography{references}155156% --- Appendix ---157\begin{appendices}158\input{appendix/appendix_proofs}159\input{appendix/appendix_computation}160\input{appendix/appendix_extra}161\end{appendices}162163\end{document}164