出版社：Netherlands Bureau for Economic Policy Analysis
摘要：Transaction costs have attracted considerable attention in the
theoretical literature on residential mobility. In this note we
demonstrate empirically for the Netherlands that transaction
costs have a strong negative effect on an owner¡¯s probability
of moving. It appears that a one percentage-point increase in
the value of transaction costs ¨C as a percentage of the value of
the residence ¨C decreases ownership-to-ownership residential
mobility rates by eight percent.
Loading...
