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Location, Housing, and Leisure Demand under Local Employment

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  • Geoffrey K. Turnbull
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    Abstract

    Muth's model of CBD-employed household behavior has been successfully extended to include labor/leisure choice in order to deal with the original version's deficient treatment of commuting time. The extension demonstrates how all the basic results of the simpler formulation remain valid. This paper provides a similar extension for the locally employed household variant of Muth's model. The analysis demonstrates a surprising difference between the demand gradient and comparative static results for the locally employed household without leisure choice and the locally employed household with leisure choice not observed for the CBD-employed household model.

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 68 (1992)
    Issue (Month): 1 ()
    Pages: 62-71

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    Handle: RePEc:uwp:landec:v:68:y:1992:i:1:p:62-71

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    Web page: http://le.uwpress.org/

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    Cited by:
    1. Javier Manuel Romani Fernandez & Jordi Surinach Caralt & Manuel Artis Ortuno, 2001. "Are commuting and residential mobility decisions simultaneous?: the case of catalonia," Working Papers in Economics 73, Universitat de Barcelona. Espai de Recerca en Economia.
    2. Turnbull, Geoffrey K., 1997. "Revealed Preference and Location Choice," Journal of Urban Economics, Elsevier, vol. 41(3), pages 358-376, May.
    3. Hanson, Andrew & Schnier, Kurt & Turnbull, Geoffrey K., 2012. "Drive 'Til You Qualify: Credit quality and household location," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 63-77.
    4. Forgionne, G. A., 1996. "Forecasting army housing supply with a DSS-delivered econometric model," Omega, Elsevier, vol. 24(5), pages 561-576, October.
    5. Javier Romani & Jordi Surinach & Manuel Artiis, 2003. "Are Commuting and Residential Mobility Decisions Simultaneous?: The Case of Catalonia, Spain," Regional Studies, Taylor & Francis Journals, vol. 37(8), pages 813-826.

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