This study uses recurrence probabilities to generate forecasts of the volume of multifamily mortgage originations for the period 1992-2002. The approach concentrates on predicting the volume of property sales using the baseline of a multifamily prepayment hazard estimation to generate the...

Estimates of a prepayment function for multifamily mortgages are reported in this paper. These are among the first attempts to estimate such a function; most previous work along these lines focuses on single family mortgages. A further distinguishing aspect of the paper is its attempt to...

This paper is concerned with the simultaneous determination of housing consumption, residential location and the labour supply decisions of one-earner and two-earner households. The model is applied to the city of Bogota, Colombia. It finds that housing consumption and location as well as labour...

This paper studies racial and ethnic discrimination in discrete choices by real estate brokers using national audit data from the 2000 Housing Discrimination Study. It uses a fixed effects logit model to estimate the probability that discrimination occurs and to study the causes of...

In this article, we develop a methodology to estimate production functions characterized by multiple inputs and multiple outputs. Aggregate output is estimated assuming a piecewise-linear production possibility set and by measuring distance to the boundary using nonparametric techniques. The...

Policy makers and scholars have long been interested in teacher attrition, particularly in poor, urban schools. We investigate the determinants of teacher attrition in five large metropolitan areas in upstate New York. We focus on a teacher's decision to leave a school district or to leave...