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Housing over time and over the life cycle : a structural estimation
Li, Wenli; Liu, Haiyong; Yang, Fang; Yao, Rui - 2014
Persistent link: https://www.econbiz.de/10011302575
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Housing over time and over the life cycle : a structural estimation
Li, Wenli; Liu, Haiyong; Yang, Fang; Yao, Rui - 2015 - Rev.
Persistent link: https://www.econbiz.de/10010502814
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Housing over time and over the life cycle : a structural estimation
Li, Wenli; Liu, Haiyong; Yang, Fang; Yao, Rui - In: International economic review 57 (2016) 4, pp. 1237-1260
Persistent link: https://www.econbiz.de/10011644258
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Housing Over Time and Over the Life Cycle : A Structural Estimation
Li, Wenli - 2015
Supersedes Working Paper 09-7. We estimate a structural model of optimal life-cycle housing and nonhousing consumption in the presence of labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service and nonhousing consumption and...
Persistent link: https://www.econbiz.de/10013017413
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Housing Over Time and Over the Life Cycle : A Structural Estimation
Li, Wenli - 2015
We estimate a structural model of optimal life-cycle housing and nonhousing consumption in the presence of labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service and nonhousing consumption and explicitly incorporates a housing...
Persistent link: https://www.econbiz.de/10013029666
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Housing over time and over the life cycle: a structural estimation
Li, Wenli; Liu, Haiyong; Yang, Fang; Yao, Rui - Federal Reserve Bank of Philadelphia - 2015
Supersedes Working Paper 09-7. We estimate a structural model of optimal life-cycle housing and nonhousing consumption in the presence of labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service and nonhousing consumption and...
Persistent link: https://www.econbiz.de/10011127926
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Housing over Time and over the Life Cycle: A Structural Estimation
Yang, Fang; Li, Wenli; Liu, Haiyong; Yao, Rui - Department of Economics, Ourso College of Business
We estimate a structural model of optimal life-cycle housing and nonhousing con- sumption in the presence of labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service and nonhousing consumption, and explicitly incorporates a...
Persistent link: https://www.econbiz.de/10011096676