Showing 1 - 10 of 21
In this paper, we develop a local housing stock heterogeneity measure. This measure may be used to monitor housing stock heterogeneity over time and in combination with other measures of policy interest. We illustrate the latter by looking at local housing stock heterogeneity, house price...
Persistent link: https://www.econbiz.de/10014551747
This is a revised plan for the finalization of the "Youth Groups for Sustainable Development: Lessons from the Ethiopian Model" (Researcher project under NORGLOBAL2, funded by the Research Council of Norway). The project started in 2019 and was planned to last for four years. A civil war broke...
Persistent link: https://www.econbiz.de/10014567502
The experiments designed to estimate real-life discount rates in intertemporal choice often rely on ordered choice lists, where the list by design aims to capture a switch point between near- and far-future alternatives. Structural models like a Samuelson discounted utility model are often...
Persistent link: https://www.econbiz.de/10014581205
Many risk and time elicitation designs rely on choice lists that aim to capture a switch point. A choice list for a respondent typically contains two switch point defining choices; the other responses are dominated in the sense that the preferred option could be inferred from the switch point....
Persistent link: https://www.econbiz.de/10014581247
This paper studies modeling of nonignorable nonresponse in panel surveys. A class of sequential conditional logistic models for nonresponse is considered. Model-based maximum likelihood estimation and imputation are used for estimating population proportions. Various models are evaluated, and...
Persistent link: https://www.econbiz.de/10011968067
This article uses the Case-Shiller technique for constructing housing price indices on a Norwegian data set of transactions for the period 1991-2002 consisting of 10 376 pairs of repeated sales. Using a weighted least squares scheme in order to control for heteroskedasticity, we construct a...
Persistent link: https://www.econbiz.de/10011968133
Measuring change in the price of housing is an important and notoriously difficult task for national statistical agencies. Different approaches have been attempted, but suffer from known weaknesses. This article suggests dividing housing outlays into consumption and saving. The changes in prices...
Persistent link: https://www.econbiz.de/10011968197
Housing markets tend to display both positive serial correlation as well as a considerable volatility over time. We present a stochastic model illustrating the connection between adaptive expectations and market fluctuations. All macro economic and demographic variables stay fixed over time and...
Persistent link: https://www.econbiz.de/10011968228
Owner-occupied housing services and rented housing services are often considered close substitutes, and both house price and rental price indices rely on regressions based on dwelling and location characteristics. However, while such characteristics are exhaustive in the owner's market, they...
Persistent link: https://www.econbiz.de/10011968237
A number of European countries changed their tax system in the early 1990s along the lines of the US tax reform act of 1986. After the reforms marginal tax rates were generally lower, and mortgage interest deductions less generous. At the same time a long period of house appreciation started in...
Persistent link: https://www.econbiz.de/10011968262