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Household factors and discrimination in housing consumption : Further developments in the analysis of tenure choice within housing careers |
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| Authors: | Andrew Pickles Richard B. Davies |
| Affiliation: | 1. Indiana University, 100 S. Woodlawn Ave., Bloomington, IN 47405, USA;2. Ulm University, Germany;1. Community College Research Center, Teachers College, Columbia University, 525 West, 120th St, Box 174, New York, NY 10027, USA;2. Queens College, City University of New York, Flushing, NY 11367, USA |
| Abstract: | The decision of households regarding housing consumption should be viewed as decisions within an overall housing career. A model of household residential mobility is derived which may be empirically investigated through a generalisation of competing risk analysis. It is explained how the effects of omitted variables may be dealt with by means of a non-parametric characterisation of their multivariate distribution within a marginal likelihood framework. The problem of initial conditions is discussed in relation to the design of the analysis. The model is applied to the residence histories of a sample of households from the Michigan Panel Study of Income Dynamics |
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