Optimal home purchase age and its determinants : a quantitative analysis
In view of the significant impacts of housing on both the individual utility and the macroeconomy, we formulate a dynamic life-cycle model that prescribes housing as a discrete choice variable to study the optimal age for individuals to purchase their first home and the various factors that influenc...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/70033 |
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| Institution: | Nanyang Technological University |
| Language: | English |