| layout | title | description | img | importance |
|---|---|---|---|---|
page |
The Urban Life Cycle of Households |
Heterogeneous agents living in a city |
assets/img/12.jpg |
3 |
We build a general equilibrium, heterogeneous agent, incomplete markets version of a classic urban residential choice model. House prices and rents are non-linear functions of location and size. We examine why families with young children move and buy homes in suburban areas even though observationally similar rentals are relatively cheap.
Working with Lars Nesheim.