An urban general equilibrium model with multiple household structures and travel mode choice

Stefan Tscharaktschiew and Georg Hirte

MPRA Paper from University Library of Munich, Germany

Abstract: Households in real cities are heterogeneous regarding their size and composition. An aspect usually neglected in urban models used to study economic and policy issues that arise in today's cities. We develop an urban general equilibrium model that takes a more complex household structure explicitly into account. The model is based on the single consumer type model of Anas and Xu (1999) or Anas and Rhee (2006) and treats the interactions of urban product, labor and land markets as well as linkages between city firms and different consumer types living in different household structures. Households differ not only in endowments, preferences and their valuation in regard to different travel modes, but also in size and the composition regarding their members. The implementation of a more complex household structure then allows studying a broad range of further urban economic issues, which treat different household structures differently

Keywords: urban economics; general equilibrium; household structure; location choice (search for similar items in EconPapers)
JEL-codes: R12 R13 R14 R20 (search for similar items in EconPapers)
Date: 2009-06-10
New Economics Papers: this item is included in nep-geo and nep-ure
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Citations: View citations in EconPapers (1)

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Working Paper: An urban general equilibrium model with multiple household structures and travel mode choice (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:17697

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