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The Effect of Housing Prices, Wages, and Commuting Time on Joint Residential and Job Location Choices

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  • So, Kim Sui
  • Orazem, Peter
  • Otto, Daniel

Abstract

A utility maximizing framework is used to model how wages, housing prices, and commuting time affect joint decisions of where to live and where to work. The implied multinomial logit model yields plausible estimates of the role of economic variables on joint residence/job location choices.
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Suggested Citation

  • So, Kim Sui & Orazem, Peter & Otto, Daniel, 2009. "The Effect of Housing Prices, Wages, and Commuting Time on Joint Residential and Job Location Choices," Staff General Research Papers Archive 4050, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:4050
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    References listed on IDEAS

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    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

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