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Price indexes of single family detached houses for 111 neighborhoods in Milwaukee, Wisconsin for the period of 1971-1993 are estimated by using hedonic price method. The rates of price appreciation vary significantly across neighborhoods ranging from 8.75% to - 0.82% per year in nominal terms...
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A simple intertemporal expected-utility model for the household is developed to explore the determinants of split and family migration. Split migration occurs when the household head moves from a rural to an urban area first, and the rest of the family remains behind to join him later. Family...
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