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One of the principal types of wealth accumulation in the United States has been real property, especially in the form of homes as the society became more urban and less agricultural. At present, almost two-thirds of all American households reside in owner-occupied structures. The present paper...
Persistent link: https://www.econbiz.de/10012475448
This paper examines homeownership and housing demand for a sample of approximately 6,800 urban, industrial workers in the United States for the period 1889/90. Using data from the Sixth and Seventh Annual Reports of the U.S. Commissioner of Labor, housing demand is viewed as a two part process:...
Persistent link: https://www.econbiz.de/10012475995
We explore the phenomenon of coauthorship by economists who share a surname. Prior research has included at most three economist coauthors who share a surname. Ours is the first paper to have four economist coauthors who share a surname, as well as the first where such coauthors are unrelated...
Persistent link: https://www.econbiz.de/10010963704
This paper tests functional form for hedonic rent regressions and for rental housing demand regressions for 19 United States metropolitan areas. In the hedonic rent regressions, both linear and loglinear forms are rejected through Box-Cox maximum likelihood procedures. Similar tests for demand...
Persistent link: https://www.econbiz.de/10010886383
This study measures urban elderly distributions using Lorenz curves and Gini coefficients estimated from 1980 Census data. The results suggest ways that such summary measures can be used to examine population distributions among urban areas. The paper considers three metropolitan areas,...
Persistent link: https://www.econbiz.de/10010886499
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This paper examines the incidence and extent of racial discrimination in various dimensions of owner-occupied housing search. Audit data for sales units (1980-90) from the Fair Housing Center of metropolitan Detroit is used in an ordered probit framework. Agents' own prejudices and the...
Persistent link: https://www.econbiz.de/10005309702
An important question related to housing submarket construction is whether geographic areas must be spatially adjacent in order to be considered the same submarket. Housing consumers do not necessarily limit their search to spatially concentrated areas and may search similarly priced...
Persistent link: https://www.econbiz.de/10005309728