Optimal home purchase age and its determinants : a quantitative analysis

• المؤلفون الرئيسيون: Lau, Chzee An, Ng, Kai Weng, Tan, Terence Kiat Hao
• مؤلفون آخرون: Tang Yang
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2017
• الموضوعات: DRNTU::Social sciences
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/70033
• المؤسسة: Nanyang Technological University

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...