IDEAS home Printed from https://ideas.repec.org/a/eee/juecon/v52y2002i2p193-216.html
   My bibliography  Save this article

Housing choices and uncertainty: the impact of stochastic events

Author

Listed:
  • Chung, Eui-Chul
  • Haurin, Donald R.

Abstract

No abstract is available for this item.

Suggested Citation

  • Chung, Eui-Chul & Haurin, Donald R., 2002. "Housing choices and uncertainty: the impact of stochastic events," Journal of Urban Economics, Elsevier, vol. 52(2), pages 193-216, September.
    • Handle: RePEc:eee:juecon:v:52:y:2002:i:2:p:193-216
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0094-1190(02)00008-6
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Cigno, Alessandro & Ermisch, John, 1989. "A microeconomic analysis of the timing of births," European Economic Review, Elsevier, vol. 33(4), pages 737-760, April.
    2. Rosenthal, Stuart S., 1988. "A residence time model of housing markets," Journal of Public Economics, Elsevier, vol. 36(1), pages 87-109, June.
    3. Patric H. Hendershott & Joel Slemrod, 1982. "Taxes and the User Cost of Capital for Owner‐Occupied Housing," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 10(4), pages 375-393, December.
    4. Haurin, Donald R. & Gill, H. Leroy, 1987. "Effects of income variability on the demand for owner-occupied housing," Journal of Urban Economics, Elsevier, vol. 22(2), pages 136-150, September.
    5. Muth, Richard F., 1974. "Moving costs and housing expenditure," Journal of Urban Economics, Elsevier, vol. 1(1), pages 108-125, January.
    6. A. Sandmo, 1970. "The Effect of Uncertainty on Saving Decisions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(3), pages 353-360.
    7. Ioannides, Yannis M., 1979. "Temporal risks and the tenure decision in housing markets," Economics Letters, Elsevier, vol. 4(3), pages 293-297.
    8. Rosen, Harvey S & Rosen, Kenneth T & Holtz-Eakin, Douglas, 1984. "Housing Tenure, Uncertainty, and Taxation," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 405-416, August.
    9. Fu, Yuming, 1995. "Uncertainty, liquidity, and housing choices," Regional Science and Urban Economics, Elsevier, vol. 25(2), pages 223-236, April.
    10. Henderson, J. Vernon & Ioannides, Yannis M., 1989. "Dynamic aspects of consumer decisions in housing markets," Journal of Urban Economics, Elsevier, vol. 26(2), pages 212-230, September.
    11. Amundsen, Eirik S., 1985. "Moving costs and the microeconomics of intra-urban mobility," Regional Science and Urban Economics, Elsevier, vol. 15(4), pages 573-583, November.
    12. Haurin, Donald R. & Lee, Kyubang, 1989. "A structural model of the demand for owner-occupied housing," Journal of Urban Economics, Elsevier, vol. 26(3), pages 348-360, November.
    13. DeSalvo, Joseph S. & Eeckhoudt, Louis R., 1982. "Household behavior under income uncertainty in a monocentric urban area," Journal of Urban Economics, Elsevier, vol. 11(1), pages 98-111, January.
    14. Haurin, Donald R, 1989. "Women's Labor Market Reactions to Family Disruptions," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 54-61, February.
    15. Dreze, Jacques H. & Modigliani, Franco, 1972. "Consumption decisions under uncertainty," Journal of Economic Theory, Elsevier, vol. 5(3), pages 308-335, December.
    16. Allen C. Goodman, 1990. "Modeling and Computing Transactions Costs for Purchasers of Housing Services," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(1), pages 1-21, March.
    17. Robst, John & Deitz, Richard & McGoldrick, KimMarie, 1999. "Income variability, uncertainty and housing tenure choice1," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 219-229, March.
    18. Henderson, J Vernon & Ioannides, Yannis M, 1983. "A Model of Housing Tenure Choice," American Economic Review, American Economic Association, vol. 73(1), pages 98-113, March.
    19. Haurin, Donald R. & Chung, Eui-Chul, 1998. "The Demand for Owner-Occupied Housing: Implications from Intertemporal Analysis," Journal of Housing Economics, Elsevier, vol. 7(1), pages 49-68, March.
    20. Plaut, Steven E., 1984. "Endogenous mortgage interest and the consumption of housing," Journal of Urban Economics, Elsevier, vol. 16(1), pages 31-45, July.
    21. Goodman, Allen C. & Wassmer, Robert W., 1992. "Optimal mortgage design when transaction costs constrain mobility," Journal of Housing Economics, Elsevier, vol. 2(1), pages 17-36, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Bingbing, 2022. "Housing market volatility under COVID-19: Diverging response of demand in luxury and low-end housing markets," Land Use Policy, Elsevier, vol. 119(C).
    2. Goodman, Allen C., 2003. "Following a panel of stayers: Length of stay, tenure choice, and housing demand," Journal of Housing Economics, Elsevier, vol. 12(2), pages 106-133, June.
    3. Diaz-Serrano, Luis, 2004. "Labour Income Uncertainty, Risk Aversion and Home Ownership," IZA Discussion Papers 1008, Institute of Labor Economics (IZA).
    4. Luis Diaz-Serrano & Alexandrina P. Stoyanova, 2008. "The Causal Relationship between Individual’s Choice Behavior and Self-Reported Satisfaction: the Case of Residential Mobility in the EU," Working Papers XREAP2008-02, Xarxa de Referència en Economia Aplicada (XREAP), revised Mar 2008.
    5. Fan, Gang-Zhi & Pu, Ming & Deng, Xiaoying & Ong, Seow Eng, 2018. "Optimal portfolio choices and the determination of housing rents under housing market uncertainty," Journal of Housing Economics, Elsevier, vol. 41(C), pages 200-217.
    6. Luis Diaz-Serrano, 2003. "Earnings Uncertainty, Risk-Aversion and Homeownership," Economics Department Working Paper Series n135020.pdf, Department of Economics, National University of Ireland - Maynooth.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Isaac F. Megbolugbe & Peter D. Linneman, 1993. "Home Ownership," Urban Studies, Urban Studies Journal Limited, vol. 30(4-5), pages 659-682, May.
    2. Diaz-Serrano, Luis, 2004. "Labour Income Uncertainty, Risk Aversion and Home Ownership," IZA Discussion Papers 1008, Institute of Labor Economics (IZA).
    3. Diaz-Serrano, Luis, 2005. "Labor income uncertainty, skewness and homeownership: A panel data study for Germany and Spain," Journal of Urban Economics, Elsevier, vol. 58(1), pages 156-176, July.
    4. Zhou, Jingkui, 2011. "Uncertainty and housing tenure choice by household types: Evidence from China," China Economic Review, Elsevier, vol. 22(3), pages 408-427, September.
    5. Luis Diaz-Serrano, 2003. "Earnings Uncertainty, Risk-Aversion and Homeownership," Economics Department Working Paper Series n135020.pdf, Department of Economics, National University of Ireland - Maynooth.
    6. Zhou, Jingkui, 2013. "Uncertainty, inequality and consumption preferences in urban China," Economic Modelling, Elsevier, vol. 31(C), pages 308-322.
    7. Goodman, Allen C., 2002. "Estimating Equilibrium Housing Demand for "Stayers"," Journal of Urban Economics, Elsevier, vol. 51(1), pages 1-24, January.
    8. Haurin, Donald R. & Chung, Eui-Chul, 1998. "The Demand for Owner-Occupied Housing: Implications from Intertemporal Analysis," Journal of Housing Economics, Elsevier, vol. 7(1), pages 49-68, March.
    9. Stephen H. Shore & Todd Sinai, 2010. "Commitment, Risk, and Consumption: Do Birds of a Feather Have Bigger Nests?," The Review of Economics and Statistics, MIT Press, vol. 92(2), pages 408-424, May.
    10. OzyIldIrIm, Suheyla & Onder, Zeynep & Yavas, Abdullah, 2005. "Mobility and optimal tenure choice," Journal of Housing Economics, Elsevier, vol. 14(4), pages 336-354, December.
    11. Michael Berlemann & Julia Freese, 2013. "Monetary policy and real estate prices: a disaggregated analysis for Switzerland," International Economics and Economic Policy, Springer, vol. 10(4), pages 469-490, December.
    12. Liao, Yu & Zhang, Junfu, 2021. "Hukou status, housing tenure choice and wealth accumulation in urban China," China Economic Review, Elsevier, vol. 68(C).
    13. Diaz-Serrano, Luis, 2005. "On the negative relationship between labor income uncertainty and homeownership: Risk-aversion vs. credit constraints," Journal of Housing Economics, Elsevier, vol. 14(2), pages 109-126, June.
    14. Gathergood, John, 2011. "Unemployment risk, house price risk and the transition into home ownership in the United Kingdom," Journal of Housing Economics, Elsevier, vol. 20(3), pages 200-209, September.
    15. Moriizumi, Yoko & Naoi, Michio, 2011. "Unemployment risk and the timing of homeownership in Japan," Regional Science and Urban Economics, Elsevier, vol. 41(3), pages 227-235, May.
    16. Jos Van Ommeren & Michiel Van Leuvensteijn, 2005. "New Evidence of the Effect of Transaction Costs on Residential Mobility," Journal of Regional Science, Wiley Blackwell, vol. 45(4), pages 681-702, November.
    17. Robst, John & Deitz, Richard & McGoldrick, KimMarie, 1999. "Income variability, uncertainty and housing tenure choice1," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 219-229, March.
    18. Hilber, Christian A.L., 2005. "Neighborhood externality risk and the homeownership status of properties," Journal of Urban Economics, Elsevier, vol. 57(2), pages 213-241, March.
    19. Ha, Sejeong & Hilber, Christian A.L. & Schöni, Olivier, 2021. "Do long-distance moves discourage homeownership? Evidence from England," Journal of Housing Economics, Elsevier, vol. 53(C).
    20. Henrik Cronqvist & Florian Münkel & Stephan Siegel, 2014. "Genetics, Homeownership, and Home Location Choice," The Journal of Real Estate Finance and Economics, Springer, vol. 48(1), pages 79-111, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juecon:v:52:y:2002:i:2:p:193-216. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622905 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.