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1{2 "indexed": {3  "date-parts": [4   [5    2026,6    10,7    168   ]9  ],10  "date-time": "2026-10-16T02:42:19Z",11  "timestamp": 1792118539953,12  "version": "4.4.0"13 },14 "reference-count": 40,15 "publisher": "Wiley",16 "issue": "3",17 "license": [18  {19   "start": {20    "date-parts": [21     [22      2024,23      3,24      525     ]26    ],27    "date-time": "2024-03-05T00:00:00Z",28    "timestamp": 170959680000029   },30   "content-version": "vor",31   "delay-in-days": 0,32   "URL": "http://creativecommons.org/licenses/by-nc-nd/4.0/"33  }34 ],35 "content-domain": {36  "domain": [37   "onlinelibrary.wiley.com"38  ],39  "crossmark-restriction": true40 },41 "short-container-title": [42  "Int Economic Review"43 ],44 "published-print": {45  "date-parts": [46   [47    2024,48    849   ]50  ]51 },52 "abstract": "<jats:title>Abstract</jats:title><jats:p>This article documents the role of inflows (new listings) and outflows (sales) in explaining the volatility and comovement of housing‐market variables. An “ins versus outs” decomposition shows that both flows are quantitatively important for housing‐market volatility. The correlations between sales, prices, new listings, and time‐to‐sell are stable over time, whereas the signs of their correlations with houses for sale are found to be time‐varying. A calibrated search‐and‐matching model with endogenous inflows and outflows and shocks to housing demand matches many of the stable correlations and predicts that the correlations with houses for sale depend on the source and persistence of shocks.</jats:p>",53 "DOI": "10.1111/iere.12693",54 "type": "journal-article",55 "created": {56  "date-parts": [57   [58    2024,59    3,60    561   ]62  ],63  "date-time": "2024-03-05T13:25:51Z",64  "timestamp": 170964515100065 },66 "page": "1415-1440",67 "update-policy": "https://doi.org/10.1002/crossmark_policy",68 "source": "Crossref",69 "is-referenced-by-count": 16,70 "title": [71  "THE INS AND OUTS OF SELLING HOUSES: UNDERSTANDING HOUSING‐MARKET VOLATILITY"72 ],73 "prefix": "10.1111",74 "volume": "65",75 "author": [76  {77   "given": "L. Rachel",78   "family": "Ngai",79   "sequence": "first",80   "affiliation": [81    {82     "name": "Imperial College London London School of Economics, CEPR, and CfM U.K."83    }84   ],85   "role": [86    {87     "vocabulary": "crossref",88     "role": "author"89    }90   ]91  },92  {93   "given": "Kevin D.",94   "family": "Sheedy",95   "sequence": "additional",96   "affiliation": [97    {98     "name": "London School of Economics and CfM U.K."99    }100   ],101   "role": [102    {103     "vocabulary": "crossref",104     "role": "author"105    }106   ]107  }108 ],109 "member": "311",110 "published-online": {111  "date-parts": [112   [113    2024,114    3,115    5116   ]117  ]118 },119 "reference": [120  {121   "key": "e_1_2_6_2_1",122   "doi-asserted-by": "publisher",123   "DOI": "10.1111/j.1468-2354.2007.00440.x"124  },125  {126   "key": "e_1_2_6_3_1",127   "doi-asserted-by": "publisher",128   "DOI": "10.1111/iere.12454"129  },130  {131   "key": "e_1_2_6_4_1",132   "doi-asserted-by": "publisher",133   "DOI": "10.1016/j.red.2014.09.009"134  },135  {136   "key": "e_1_2_6_5_1",137   "unstructured": "Bachmann R. andD.Cooper “The Ins and Arounds in the U.S. Housing Market ” Working Paper 14–3 Federal Reserve Bank of Boston 2014."138  },139  {140   "key": "e_1_2_6_6_1",141   "doi-asserted-by": "publisher",142   "DOI": "10.1093/rfs/hhac041"143  },144  {145   "key": "e_1_2_6_7_1",146   "doi-asserted-by": "publisher",147   "DOI": "10.1111/j.1538-4616.2011.00436.x"148  },149  {150   "key": "e_1_2_6_8_1",151   "doi-asserted-by": "publisher",152   "DOI": "10.2307/2527239"153  },154  {155   "key": "e_1_2_6_9_1",156   "doi-asserted-by": "publisher",157   "DOI": "10.1111/j.1468-2354.2005.00345.x"158  },159  {160   "key": "e_1_2_6_10_1",161   "first-page": "753",162   "volume-title": "Handbook of Regional and Urban Economics",163   "author": "Davis M. A.",164   "year": "2015"165  },166  {167   "key": "e_1_2_6_11_1",168   "doi-asserted-by": "publisher",169   "DOI": "10.1111/iere.12019"170  },171  {172   "key": "e_1_2_6_12_1",173   "doi-asserted-by": "publisher",174   "DOI": "10.1162/REST_a_00277"175  },176  {177   "key": "e_1_2_6_13_1",178   "doi-asserted-by": "publisher",179   "DOI": "10.1111/j.1468-2354.2011.00653.x"180  },181  {182   "key": "e_1_2_6_14_1",183   "doi-asserted-by": "publisher",184   "DOI": "10.1111/j.1468-2354.2009.00535.x"185  },186  {187   "key": "e_1_2_6_15_1",188   "doi-asserted-by": "publisher",189   "DOI": "10.1016/j.jet.2019.03.003"190  },191  {192   "key": "e_1_2_6_16_1",193   "doi-asserted-by": "publisher",194   "DOI": "10.1257/aer.20170772"195  },196  {197   "key": "e_1_2_6_17_1",198   "doi-asserted-by": "publisher",199   "DOI": "10.1016/j.jue.2012.01.002"200  },201  {202   "key": "e_1_2_6_18_1",203   "doi-asserted-by": "crossref",204   "unstructured": "Glaeser E. L. andJ.Gyourko “Arbitrage in Housing Markets ” Working Paper 13704 NBER 2007.",205   "DOI": "10.3386/w13704"206  },207  {208   "key": "e_1_2_6_19_1",209   "unstructured": "Grindaker M. A.Karapetyan E. R.Moen andP. T.Nenov “Transaction Sequencing and House Price Pressures ” CEPR Discussion Paper 16351 2021."210  },211  {212   "key": "e_1_2_6_20_1",213   "doi-asserted-by": "publisher",214   "DOI": "10.1086/697207"215  },216  {217   "key": "e_1_2_6_21_1",218   "unstructured": "Han L. L. R.Ngai andK. D.Sheedy “To Own or To Rent? 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D.Sheedy “The Ins and Outs of Selling Houses: Understanding Housing Market Volatility ” CEPR Discussion Paper 14331 2020b."270  },271  {272   "key": "e_1_2_6_32_1",273   "doi-asserted-by": "publisher",274   "DOI": "10.1257/aer.104.12.3991"275  },276  {277   "key": "e_1_2_6_33_1",278   "doi-asserted-by": "publisher",279   "DOI": "10.1111/j.1540-6229.2009.00232.x"280  },281  {282   "key": "e_1_2_6_34_1",283   "doi-asserted-by": "publisher",284   "DOI": "10.1111/j.1467-937X.2006.383_1.x"285  },286  {287   "key": "e_1_2_6_35_1",288   "doi-asserted-by": "publisher",289   "DOI": "10.1257/aer.98.2.256"290  },291  {292   "key": "e_1_2_6_36_1",293   "doi-asserted-by": "publisher",294   "DOI": "10.1257/aer.99.2.406"295  },296  {297   "key": "e_1_2_6_37_1",298   "doi-asserted-by": "publisher",299   "DOI": "10.1257/aer.20141772"300  },301  {302   "key": "e_1_2_6_38_1",303   "doi-asserted-by": "publisher",304   "DOI": "10.1016/j.red.2019.07.004"305  },306  {307   "key": "e_1_2_6_39_1",308   "doi-asserted-by": "publisher",309   "DOI": "10.2307/2118444"310  },311  {312   "key": "e_1_2_6_40_1",313   "doi-asserted-by": "crossref",314   "unstructured": "Ungerer C. “Monetary Policy Hot Housing Markets and Leverage ” Working Paper Federal Reserve Board 2015.",315   "DOI": "10.2139/ssrn.2670994"316  },317  {318   "key": "e_1_2_6_41_1",319   "doi-asserted-by": "publisher",320   "DOI": "10.1086/261734"321  }322 ],323 "container-title": [324  "International Economic Review"325 ],326 "language": "en",327 "link": [328  {329   "URL": "https://onlinelibrary.wiley.com/doi/pdf/10.1111/iere.12693",330   "content-type": "unspecified",331   "content-version": "vor",332   "intended-application": "similarity-checking"333  }334 ],335 "deposited": {336  "date-parts": [337   [338    2024,339    8,340    6341   ]342  ],343  "date-time": "2024-08-06T12:14:19Z",344  "timestamp": 1722946459000345 },346 "score": 86.176056,347 "resource": {348  "primary": {349   "URL": "https://onlinelibrary.wiley.com/doi/10.1111/iere.12693"350  }351 },352 "issued": {353  "date-parts": [354   [355    2024,356    3,357    5358   ]359  ]360 },361 "references-count": 40,362 "journal-issue": {363  "issue": "3",364  "published-print": {365   "date-parts": [366    [367     2024,368     8369    ]370   ]371  }372 },373 "alternative-id": [374  "10.1111/iere.12693"375 ],376 "URL": "https://doi.org/10.1111/iere.12693",377 "archive": [378  "Portico"379 ],380 "ISSN": [381  "0020-6598",382  "1468-2354"383 ],384 "issn-type": [385  {386   "value": "0020-6598",387   "type": "print"388  },389  {390   "value": "1468-2354",391   "type": "electronic"392  }393 ],394 "published": {395  "date-parts": [396   [397    2024,398    3,399    5400   ]401  ]402 },403 "assertion": [404  {405   "value": "2020-07-20",406   "order": 0,407   "name": "received",408   "label": "Received",409   "group": {410    "name": "publication_history",411    "label": "Publication History"412   }413  },414  {415   "value": "2024-03-05",416   "order": 3,417   "name": "published",418   "label": "Published",419   "group": {420    "name": "publication_history",421    "label": "Publication History"422   }423  }424 ]425}