A household life cycle model for residential relocation behaviour

A Household Life Cycle Model for Residential Relocation Behaviour

In this paper a dynamic household model in connection with a comprehensive urban housing market model for Amsterdam is presented. Household dynamics is modelled here by using the methodology of multidimensional demography. A consistent analysis of the components of a dynamic spatial housing market system incorporating various submodules, multiple factors, spatial aggregation levels, and degrees...

Understanding Residential Mobility: a Joint Model of the Reason for Residential Relocation and Stay Duration

Residential relocation or mobility is a critical component of land use dynamics. Models of land use dynamics need to consider residential relocation or mobility behavior of households to be able to forecast future population demographics land use patterns critical to activity and travel demand forecasting. Unfortunately, very little is known about residential relocation behavior at the disaggre...

Household debt over the life cycle

Using data from the 2001 Survey of Consumer Finances, this study examines how the holding of types and amounts of household debt changes over the life cycle. The results show that the likelihood of holding each type of debt and the amount of each type of debt compared to total assets decrease with age. Although the popular press has speculated that older households accumulate excessive amounts ...

Serie Research Rieriorrrdr a Household Life Cycle Model for the Housing Market

Commuting and Reimbursement of Residential Relocation Costs

We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs when house prices do not fully compensate the commuting costs. Taxing reimbursement of relocation costs at a higher rate than reimbursem...