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A conditional analysis of movers' housing responses

Movers' responses to the five-year trend in income prior to the move are studied using data from the Panel Study of Income Dynamics and the new Slopes-Only option in the Search program in OSIRIS. Other events around the time of the move mask or dominate the income effects, and even for otherwis...

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Bibliographic Details
Published in:Journal of economic behavior & organization 1990-09, Vol.14 (1), p.79-95
Main Author: Morgan, James N.
Format: Article
Language:English
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Summary:Movers' responses to the five-year trend in income prior to the move are studied using data from the Panel Study of Income Dynamics and the new Slopes-Only option in the Search program in OSIRIS. Other events around the time of the move mask or dominate the income effects, and even for otherwise stable families there are subgroup differences in the income elasticities. Modelling housing demand clearly requires such rich response data imbedded in dynamic simulation models.
ISSN:0167-2681
1879-1751
DOI:10.1016/0167-2681(90)90043-D