Limpact des contraintes demprunt sur la mobilité résidentielle et les choix entrelocation et propriété
Laurent Gobillon and
David Le Blanc
Annals of Economics and Statistics, 2004, issue 74, 15-45
Abstract:
We present a simple demand model which allows to study the impact of borrowing constraints on the residential mobility and tenure choices of households. At each period, a household chooses between staying in his current dwelling, moving and renting, and moving and owning. Moving implies paying a fixed cost. Households have access to a credit market but loans are subject to spe cific constraints. The model is able to generate all observed residential trajectories.
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:2004:i:74:p:15-45
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