Housing Demand in Germany and Japan

Börsch-Supan, Axel (), Florian Heiß () and Miki Seko ()
Authors registered in the RePEc Author Service: Florian Heiss

No 2008, MEA discussion paper series from Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy

Abstract: National housing markets differ in many aspects, making cross-national studies a fascinating subject. This article sheds light on housing demand in Germany and Japan. The primary task undertaken is to separate cross-national differences in the structure of housing demand by differing preferences and differing socioeconomic characteristics, exploiting the available cross-country variation in survey data from both countries. This study features the application of a mixed logit model that allows for a flexible substitution pattern among unobservable characteristics. This is an important feature in a comparison between countries since so many cultural and policy differences are impossible to model precisely.

JEL-codes: Z00 (search for similar items in EconPapers)
Date: 2002-01-19
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://mea.mpisoc.mpg.de/uploads/user_mea_discussionpapers/dp08.pdf (application/pdf)

Related works:
Journal Article: Housing Demand in Germany and Japan (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mea:meawpa:02008

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in MEA discussion paper series from Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy, Amalienstraße 33, 80799 München, Germany.
Bibliographic data for series maintained by Henning Frankenberger ().