City Equilibrium with Borrowing Constraints: Structural Estimation and General Equilibrium Effects
收藏NBER2017-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23994
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资源简介:
This paper develops a general equilibrium model of location choice with social interactions where mortgage approval rates determine household-specific choice sets that differ across neighborhoods and years in observable and unobservable dimensions. Existence and local uniqueness of city equilibria
提供机构:
美国国家经济研究局
创建时间:
2017-11-01



