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Climate change and metropolitan areas are mutually connected. On the one hand, metropolitan areas contribute to climate change through production of greenhouse gases emissions. On the other hand, it is likely that climate-generated stressors will affect many aspects of life in metropolitan...
Persistent link: https://www.econbiz.de/10014161938
This paper presents new empirical evidence that internal movement--selling one home and buying another--by existing homeowners within a metropolitan housing market is especially volatile and the main driver of fluctuations in transaction volume over the housing market cycle. We develop a dynamic...
Persistent link: https://www.econbiz.de/10014121067
This chapter describes the concept of residential mobility and household location modeling. It focuses on the nature of household location and attempts to link the two underlying components of housing markets and residential mobility and migration. There has been a tendency to separate the...
Persistent link: https://www.econbiz.de/10014024034
In order to test for the effect of public housing occupancy on unemployment, we estimate a simultaneous probit model of unemployment and public housing. On a first sample, we instrument public housing with the gender composition of children. On a second sample, the instrument is the share of...
Persistent link: https://www.econbiz.de/10014211037
I construct an agency model of local public goods producers with special reference to public schools. The model assumes that households make Tiebout choices among jurisdictions, but it has more realistic assumptions about information and the cost of residential mobility. I examine producers'...
Persistent link: https://www.econbiz.de/10013227037
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