Housing demand in Germany and Japan : paper in memoriam of Stephen Mayo


Börsch-Supan, Axel ; Heiss, Florian ; Seko, Miki


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URL: https://ub-madoc.bib.uni-mannheim.de/325
URN: urn:nbn:de:bsz:180-madoc-3259
Document Type: Working paper
Year of publication: 2002
The title of a journal, publication series: MEA Discussion Papers
Volume: 008
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Institut für VWL u. Statistik
School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Veröffentlichungen des MEA (Mannheim Research Institute For the Economics of Aging) > MEA Discussion Papers
Subject: 330 Economics
Subject headings (SWD): Wohnungsbedarf
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.
Additional information:

Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Börsch-Supan, Axel ; Heiss, Florian ; Seko, Miki (2002) Housing demand in Germany and Japan : paper in memoriam of Stephen Mayo. Open Access MEA Discussion Papers Mannheim 008 [Working paper]
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