New Evidence of the Effect of Transaction Costs on Residential Mobility PDF Download

Author: Jos van Ommeren
Publisher:
ISBN:
Category : Moving, Household
Languages : en
Pages : 44

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Author: Jos van Ommeren
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Transaction costs have attracted considerable attention in the theoretical literature on residential mobility. Transaction costs are thought to cause suboptimal consumption of housing but may also negatively affect labor market outcomes. In the current paper, we demonstrate empirically for the Netherlands that transaction costs have a strong negative effect on the owners' probability of moving. Under a range of different specifications, it appears that a 1 percent-point increase in the value of transaction costs - as a percentage of the value of the residence - decreases residential mobility rates by (at least) 8 percent. The estimates imply that ownership to ownership mobility rates would be substantially higher in the absence of the current 6 percent ad valorem buyer transaction tax. Our estimates are consistent with the observation that in the Netherlands ad valorem transaction costs mainly consist of buyer transaction costs.

Author:
Publisher: Elsevier
ISBN: 0080471714
Category : Social Science
Languages : en
Pages : 3870

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Book Description
Available online via SciVerse ScienceDirect, or in print for a limited time only, The International Encyclopedia of Housing and Home, Seven Volume Set is the first international reference work for housing scholars and professionals, that uses studies in economics and finance, psychology, social policy, sociology, anthropology, geography, architecture, law, and other disciplines to create an international portrait of housing in all its facets: from meanings of home at the microscale, to impacts on macro-economy. This comprehensive work is edited by distinguished housing expert Susan J. Smith, together with Marja Elsinga, Ong Seow Eng, Lorna Fox O'Mahony and Susan Wachter, and a multi-disciplinary editorial team of 20 world-class scholars in all. Working at the cutting edge of their subject, liaising with an expert editorial advisory board, and engaging with policy-makers and professionals, the editors have worked for almost five years to secure the quality, reach, relevance and coherence of this work. A broad and inclusive table of contents signals (or tesitifes to) detailed investigation of historical and theoretical material as well as in-depth analysis of current issues. This seven-volume set contains over 500 entries, listed alphabetically, but grouped into seven thematic sections including methods and approaches; economics and finance; environments; home and homelessness; institutions; policy; and welfare and well-being. Housing professionals, both academics and practitioners, will find The International Encyclopedia of Housing and Home useful for teaching, discovery, and research needs. International in scope, engaging with trends in every world region The editorial board and contributors are drawn from a wide constituency, collating expertise from academics, policy makers, professionals and practitioners, and from every key center for housing research Every entry stands alone on its merits and is accessed alphabetically, yet each is fully cross-referenced, and attached to one of seven thematic categories whose ‘wholes' far exceed the sum of their parts

Author: Brian Joseph Gillespie
Publisher: Springer
ISBN: 1349682713
Category : Social Science
Languages : en
Pages : 305

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This book provides an interdisciplinary analysis of the correlates and consequences of residential relocation. Drawing on multiple nationally representative data sets, the book explores historic patterns and current trends in household mobility; individuals’ mobility-related decisions; and the individual, family, and community outcomes associated with moving. These sections inform later discussions of mobility-related policy, practice, and directions for future research.

Author: M. J. Koopman
Publisher: IOS Press
ISBN: 1614990328
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
Originally presented as the author's thesis (doctoral)--Delft University of Technology, Delft, 2012.

Author: Malcolm Brynin
Publisher: Routledge
ISBN: 1135890218
Category : Family & Relationships
Languages : en
Pages : 265

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Book Description
The book is comprised of empirical analyses of the relationships people have during their lives and how these affect their individual welfare. These include relationships between members of a couple, between parents and children, between the children themselves and between non-related individuals.

Author: Peter Gladoić Håkansson
Publisher: Emerald Group Publishing
ISBN: 1789739438
Category : Law
Languages : en
Pages : 257

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Book Description
Offering in-depth perspectives on factors such as local labour markets, housing and mobility, this book investigates centralization tendencies in Scandinavia and South East Europe that help shape regional development and act as a catalyst to creating regional inequalities.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264092587
Category :
Languages : en
Pages : 241

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Book Description
Going for Growth 2011 highlights the structural reforms needed to restore long-term growth in the wake of the crisis. For each OECD country and, for the first time, six key emerging economies (Brazil, China, India, Indonesia, Russia and South Africa), five reform priorities are identified.

Author: Yves Zenou
Publisher: Cambridge University Press
ISBN: 0521875382
Category : Business & Economics
Languages : en
Pages : 525

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Book Description
Simple models of urban search matching -- Extensions of urban search-matching models -- Non-monocentric cities and search-matching -- Simple models of urban efficiency wages -- Extensions of urban efficiency wage models -- Non-monocentric cities and efficiency wages -- The spatial mismatch hypothesis : a search-matching approach -- The spatial mismatch hypothesis : an efficiency-wage approach -- Peer effects, social networks, and labor market outcomes in cities -- General conclusion -- Appendix A: basic urban economics -- Appendix B: Poisson process and derivation of Bellman equations -- Appendix C: The Harris-Todaro model.

Author: Magnus Andersson
Publisher: Routledge
ISBN: 1000591743
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
There is a lack of international comparative housing studies, possibly because it requires thorough knowledge of the real estate market in question. This book brings together scholars with knowledge of different national markets in order to facilitate comparisons for real estate and housing and urban studies scholars and practitioners. By studying international markets using new data as well as new analysis of existing data, the chapters in this book present insights into the institutional constraints on national housing markets. Specifically, the contributors seek to examine the role of institutional factors and their influence on transaction costs in these markets. Exhibiting a diverse range of geographical, legal, and economic perspectives, the countries are grouped together based on legal institutional similarities, and each group includes an introduction and a conclusion highlighting similarities and differences from the institutional perspective. The book is divided into 3 parts: Part I sets the theoretical context and the reasons for writing a book focusing on national housing markets. Part II presents national markets from the perspective of the transaction process and covers Europe, North and South America, East Asia, the Pacific, and Africa. Part III contains conclusions with a critical discussion on how to compare national housing markets and a reflection on future directions of housing markets in an increasingly competitive international environment. The Routledge Companion to International Housing Markets is essential reading for academics and professionals in housing studies, real estate, economics, and urban studies.