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008230919t20232023oncd    ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|beng|bfre
043 |an-cn---
0861 |aFB3-5/2023-34E-PDF
1001 |aGiannone, Elisa, |eauthor.
24510|aUnpacking moving : |ba quantitative spatial equilibrium model with wealth / |cby Elisa Giannone, Qi Li, Nuno Paixão and Xinle Pang.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2023.
264 4|c©2023
300 |a1 online resource (1 volume (various pagings)) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2023-34
500 |a"Last updated: June 12, 2023."
504 |aIncludes bibliographical references.
520 |a"We argue that the interaction between mobility and wealth provides a view that rationalizes low geographic migration rates, despite migration costs being lower than currently thought. We reach this conclusion by developing and solving a quantitative dynamic spatial equilibrium model with endogenous wealth accumulated through liquid and illiquid assets. We estimate a yearly moving cost between Canadian cities of 196,303 CAD for an average adult, substantially lower than previous estimates"--Abstract.
546 |aIncludes abstract in French.
650 0|aDistribution (Economic theory)
650 0|aMoving, Household|xCosts.
650 6|aRépartition (Théorie économique)
650 6|aDéménagement|xCoût.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2023-34.|w(CaOODSP)9.806221
85640|qPDF|s2.45 MB|uhttps://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-5-2023-34-eng.pdf