Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10013548817
As it has rightfully been recognized by China's central government, successful urbanization will be decisive for the nation's future development. Key challenges will be to realize urbanization economies, improve production and innovation capabilities, direct urban and suburban growth and improve...
Persistent link: https://www.econbiz.de/10010190162
Standard explanations for the income heterogeneity within neighborhoods rely on differences of preferences across households and heterogeneity of the housing stock. We propose an alternative and complementary explanation. We construct a stochastic equilibrium sorting model where (1) income is...
Persistent link: https://www.econbiz.de/10010370524
This paper replicates Costa and Kahn's analysis of locational choices of couples of highly educated persons for the Netherlands. We find increasing concentration of such power couples in the urbanized western part of the country. This trend occurs in spite of the absence of an urban wage premium...
Persistent link: https://www.econbiz.de/10011334349
Standard explanations for the income heterogeneity within neighborhoods rely on differences of preferences across households and heterogeneity of the housing stock. We propose an alternative and complementary explanation. We construct a stochastic equilibrium sorting model where (1) income is...
Persistent link: https://www.econbiz.de/10010440429
Persistent link: https://www.econbiz.de/10012152728
In contrast to previous research, I hypothesize that residential segregation patterns do not only result from an individual's perception of different ethnicities, but is rather affected by housing market interactions and socioeconomic endowment, like income and education. I implement a...
Persistent link: https://www.econbiz.de/10012062373
Residential choice does not only depend on properties of the dwelling, neighborhood amenities and affordability, but is also affected by the population composition within a neighbourhood. All these attributes are capitalised in the house price. Empirically, it is not easy to disentangle the...
Persistent link: https://www.econbiz.de/10012433602
Persistent link: https://www.econbiz.de/10012485084
Housing expenditure shares decline with income. A household's income determines its sensitivity to housing costs and drives its location decision. Has spatial skill sorting increased because low income individuals are avoiding increasingly expensive regions? I augment a standard quantitative...
Persistent link: https://www.econbiz.de/10015333029