The aggregate and distributional impacts of residence policy relaxation

• Main Authors: Tang, Rongsheng, Tang, Yang, Zhang, Rongjie
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2023
• Subjects: Social sciences::Economic theory; Housing Market; Residence Policy
• Online Access: https://hdl.handle.net/10356/170420
• Institution: Nanyang Technological University

Government often designs strict policy to control the conversion rate from temporary to permanent residents. The residence status may directly affect individuals’ migration decisions and housing tenure choices. We present a dynamic spatial equilibrium framework to study the aggregate and distributio...