Using unique Swedish micro data we examine the impact of local public services on community choice. The choice of community is modeled as a choice between a discrete set of alternatives. The US literature has produced conflicting evidence with respect to the importance of local public services....

This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...

This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...

The German Microcensus (MC) is a large scale rotating panel survey over three years. The MC is attractive for longitudinal analysis over the entire participation duration because of the mandatory participation and the very high case numbers (about 200 thousand respondents). However, as a...

This paper proposes the question whether or not traveling expenses to work should be deductible from the income tax base. In order to answer this question, a simple model of (im-) perfect household and worker mobility is employed. The focus of the analysis is on the efficient use of land and the...

Im Hartz IV Gesetz, das zum 1. Januar 2005 in Kraft trat, wurde unter anderem geregelt, welche Wohnraumstandards für Hartz IV-Empfänger angemessen seien. Schon vor Inkrafttreten des Gesetzes kam es zu einer kontroversen Diskussion darüber, ob und in welchem Umfang Zahlungsempfänger auf Druck...

We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs.

Transaction costs have attracted considerably attention in the theoretical literature on residential mobility. In many European countries, these costs mainly consist of ad-valorem transaction costs. In the current paper, we demonstrate empirically for the Netherlands that the transaction costs...

This paper studies the interaction between job mobility and housing mobility by considering the duration of commutes. Conventional models assume that the employrnent location has priority over the residentiallocation and that the latter is adapted to the former. This implies that the duration of...

This paper extends previous literature on variations in mobility rates across local housing markets by examining the linkage of mobility rates at the household level to the structure of local housing markets. The results indicate that residential mobility rates differ widely across local housing...