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This paper develops and estimates a dynamic model of discrete choice for labor supply, fertility and transition from tenant to home-owner,to investigate the secular decline in home ownership over the past several decades,wholly attributable to households postponing the purchase of their first...
Persistent link: https://www.econbiz.de/10012142399
Persistent link: https://www.econbiz.de/10012628848
Housing, particularly for low income urban households, is a long-standing challenge in India. In 2012, 96 per cent of the all India urban housing shortage of 18.78 million was confined to low-income economic groups. This study empirically examines three facets of urban India's housing demand...
Persistent link: https://www.econbiz.de/10012390043
To analyze the impact of changes in the value of marriage on household decisions, we present a limited commitment framework of household behavior in which decisions are made regarding labor supply, divorce and housing demand over the lifecycle. We identify and estimate our structural model using...
Persistent link: https://www.econbiz.de/10014419233