The Contribution of Housing to the Dynamics of Inequalities
type: Dataset
description: This paper proposes a unified framework for the analysis of inequalities. In contrast to the former literature on inequalities, housing is included as a major determinant of individual saving behavior. Disparities across locations affect individual outcomes in both labor and education markets. In a Bewley-Huggett-Aiyagari type model where several frictions are represented, the model allows for segmentation between homeowners and renters in the housing market, imperfection in the capital market and residential mobility over the life-cycle. Moreover, individual location is assumed to affect labor productivity, wealth accumulation via the dynamics of housing prices and the human capital acquisition process of the next generation. The dynamics of prices combined to bequest motive provide the perfect framework to understand the tenure choice of individuals. Furthermore, the fixity of housing supply in each neighborhood combined with borrowing constraints prevent some households from living in their preferred area, which leads to segregation. Using this general framework, the paper contributes to the understanding of the complex relationships between labor, housing and education markets. Finally, several experiments aimed at decreasing the level of inequalities at the individual and location level are provided.
issued: 2026-05-17T04:43:42.148594
language: en
modified: 2026-05-17T04:43:42.148600
contact point: Organization
  fn: CCSD
keyword: heterogeneous-agents
keyword: housing
keyword: inequalities
keyword: infoeu-reposemanticspreprint
keyword: jel-e---macroeconomics-and-monetary-economicsee2---consumption-saving-production-investment-l
keyword: jel-r---urban-rural-regional-real-estate-and-transportation-economicsrr2---household-analysis
keyword: preprints-working-papers-
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: wealth-distribution
landing page: https://shs.hal.science/halshs-00701151

The Contribution of Housing to the Dynamics of Inequalities
type: Distribution
format: HTML
issued: 2026-05-17T04:43:42.244140
modified: 2026-05-17T04:43:42.109854
access URL: https://shs.hal.science/halshs-00701151

test_moissonnage_selune
type: Agent