A MODEL OF URBAN HOUSEHOLD BEHAVIOR WITH LEISURE CHOICE
对明确纳入时间的最简城市家庭行为模型进行了完整的比较静态分析，发现住房消费和区位与通勤时间负相关、与非工资收入正相关，而与工资率的关系不确定。
ABSTRACT This paper provides a complete comparative‐static analysis of the simplest model of urban household behavior that incorporates time explicitly. Results involving the housing‐price function and the effects on housing consumption and location (radial distance from the CBD) of exogenous changes in preferences for housing, housing price, and money costs of transportation are the same as in models not incorporating time explicitly. In addition, it is found that housing consumption and location are negatively related to commuting time, positively related to nonwage income, and ambiguously related (both a priori and empirically, for reasonable values of the relevant variables) to the wage rate.