Showing 1 - 10 of 673
during busts. The standard model of housing demand treats housing as a quantity of "housing services", an imaginary … housing services as fixed is able to do this. This is shown by means of a formal analysis of a model in which households that … differ in income are allocated over a given housing stock. In particular, the model predicts that the price of housing as a …
Persistent link: https://www.econbiz.de/10011538569
This paper analyzes the main determinants of tenure choice in Brazil in formal and informal housing markets. Logit and … good predictors for formal ownership. Education enhances the probability of being in the formal housing markets, either as …
Persistent link: https://www.econbiz.de/10012061001
often differ among market segments. We develop a methodology for measuring house prices as a flexible function of housing … all parts of the housing market. Our approach is based on a generalization of the familiar (constant unit price) Muth … model to a situation of in which the unit price of housing services may depend on the quality level. We apply the method to …
Persistent link: https://www.econbiz.de/10011607944
for MDCBs (multi-dwelling and commercial buildings) in Sweden. We use high quality data for housing and municipality … test indicates that standard housing and municipality attributes are important determinants to sales prices. We have also …
Persistent link: https://www.econbiz.de/10011588264
importance. In the second part of the paper we employ a standard model of dynamic optimisation with housing demand and seasonal … housing consumption …
Persistent link: https://www.econbiz.de/10008990894
This paper uses the housing market to examine the costs of indoor air pollution. We focus on radon, an indoor air …
Persistent link: https://www.econbiz.de/10012823860
case of Mexico is particularly interesting given that population and income dynamics, as well as current housing shortages …This paper analyzes the components of housing demand in Mexico in the context of developing and developed nations. The …, suggest that the demand for housing will significantly increase in the near future. We use micro-level data from market …
Persistent link: https://www.econbiz.de/10013039301
-series household wealth and housing profiles from the Panel Study of Income Dynamics (1984 to 2005) reasonably well and suggests an …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 …
Persistent link: https://www.econbiz.de/10013029666
-sectional and time-series household wealth and housing profiles from the Panel Study of Income Dynamics quite well and suggests an …The authors estimate a structural model of optimal life-cycle housing and consumption in the presence of realistic … labor income and house price uncertainties. The model postulates constant elasticity of substitution between housing service …
Persistent link: https://www.econbiz.de/10012906249
the cross-sectional and time-series household wealth and housing profiles from the Panel Study of Income Dynamics (1984 to …Supersedes Working Paper 09-7. We estimate a structural model of optimal life-cycle housing and nonhousing consumption … between housing service and nonhousing consumption and explicitly incorporates a housing adjustment cost. Our estimation fits …
Persistent link: https://www.econbiz.de/10013017413