Moving behavior and the housing market
作者： Anna M. Hardman , Yannis M. Ioannides
DOI: 10.1016/0166-0462(94)02065-O
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摘要: Abstract This paper develops a model of the relationship between residential mobility and housing demand, which it embeds in an overlapping-generations market. Moves, needed to adjust consumption, are costly; adjusting other consumption is not. Comparative static results for impact moving costs interest rate on optimal number moves each residence spell presented. We demonstrate that constraints can serve as form rationing be used analyzing certain policy interventions markets.
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