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Maximum likelihood estimation and lagrange multiplier tests for panel seemingly unrelated regressions with spatial lag and spatial errors : an application to hedonic housing prices...

Baltagi, Badi H.; Bresson, Georges - 2010

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

Persistent link: https://www.econbiz.de/10009013035

Private wealth and planned early retirement : a panel data analysis for the Netherlands, 1994 - 2009

Ooijen, Raun van; Mastrogiacomo, Mauro; Euwals, Rob - 2010

heterogeneity in the disutility of work by using panel data techniques. Next, we exploit information on expected wealth accumulation …

Persistent link: https://www.econbiz.de/10009312953

Does class size matter for school tracking outcomes after elementary school? : quasi-experimental evidence using administrative panel data from Germany

Argaw, Bethlehem Asres; Puhani, Patrick A. - 2017

We use administrative panel data on about a quarter of a million students in the German state of Hesse to estimate the …

Persistent link: https://www.econbiz.de/10011775947

Household entrepreneurship and social networks : panel data evidence from Vietnam

Nguyen Huu Chi; Nordman, Christophe J. - 2017

Using a unique panel of household businesses for Vietnam, this paper sheds light on the links between households' and …

Persistent link: https://www.econbiz.de/10011596173

How does immigration affect housing costs in Switzerland?

Helfer, Fabienne; Grossmann, Volker; Osikominu, Aderonke - 2023

This paper examines the short-run immigration effects on prices for owner-occupied housing and rents in Switzerland, exploiting regional variation at the level of 106 local labour markets ("Mobilité Spatiale" regions) and 26 cantons, respectively. We propose two empirical strategies that...

Persistent link: https://www.econbiz.de/10013547711

Energy price shocks and the demand for energy-efficient housing : evidence from Russia's invasion of Ukraine

Braakmann, Nils; Dursun, Bahadir; Pickard, Harry - 2023

How do private consumers adapt to changes to energy prices, in particular do they invest in energy-saving measures? We study this question in the context of the rapid rise in energy prices caused by the Russian invasion of Ukraine in February 2022 and the demand for energy efficiency in the UK...

Persistent link: https://www.econbiz.de/10013547712

Dynastic home equity

Benetton, Matteo; Kudlyak, Marianna; Mondragon, John - 2022

Using a nationally representative panel of consumer credit records for the US from 1999 to 2021, we document a positive …

Persistent link: https://www.econbiz.de/10013286209

House price expectations

Gohl-Greenaway, Niklas; Haan, Peter; Michelsen, Claus; … - 2022

This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and...

Persistent link: https://www.econbiz.de/10012819576

Neighborhood diversity and the appreciation of native- and immigrant-owned homes

Cobb-Clark, Deborah A.; Sinning, Mathias - 2009

This paper examines the effect of neighborhood diversity on the nativity gap in home-value appreciation in Australia. Specifically, immigrant homeowners experienced a 41.7 percent increase in median home values between 2001 and 2006, while the median value of housing owned by the native-born...

Persistent link: https://www.econbiz.de/10003901993

Ranking up by moving out : the effect of the Texas Top 10% Plan on property values

Cortes, Kalena E.; Friedson, Andrew I. - 2010

Texas engaged in a large-scale policy experiment when it instituted the Top 10% Plan. This policy guarantees automatic admission to their state university of choice for all high school seniors who graduate in the top decile of their high school class. We find evidence that households reacted...

Persistent link: https://www.econbiz.de/10003983726