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An urban general equilibrium model with multiple household structures and travel mode choice

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Author Info
Tscharaktschiew, Stefan
Hirte, Georg
Abstract

Households in real cities are heterogeneous regarding their size and composition. An aspect usually neglected in urban models used to study economic and policy issues that arise in today's cities. We develop an urban general equilibrium model that takes a more complex household structure explicitly into account. The model is based on the single consumer type model of Anas and Xu (1999) or Anas and Rhee (2006) and treats the interactions of urban product, labor and land markets as well as linkages between city firms and different consumer types living in different household structures. Households differ not only in endowments, preferences and their valuation in regard to different travel modes, but also in size and the composition regarding their members. The implementation of a more complex household structure then allows studying a broad range of further urban economic issues, which treat different household structures differently

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File URL: http://mpra.ub.uni-muenchen.de/17697/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 17697.

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Date of creation: 10 Jun 2009
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Handle: RePEc:pra:mprapa:17697

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Related research
Keywords: urban economics; general equilibrium; household structure; location choice;

Find related papers by JEL classification:
R13 - Urban, Rural, and Regional Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
R20 - Urban, Rural, and Regional Economics - - Household Analysis - - - General
R14 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Land Use Patterns

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This page was last updated on 2009-11-29.


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