Projects per year
mobility, and then estimates parameters that gauge the impact of housing equity,
local house prices and other variables associated with household structure and
change on residential movement within the UK. The data come from the British
Household Panel Study over 1992–2008, which allow us to use within-person
variation to identify the parameters. The parameter estimates indicate that estimates
based on cross-section variation are seriously biased in our analysis. We
check the robustness of our results to errors in measuring equity using an instrumental
variable estimator. Our main finding is that an increase in a household’s
housing equity encourages residential mobility substantially, and a decline discourages
Bibliographical noteSpecial Issue: Demographic Change and Housing Markets
FingerprintDive into the research topics of 'Residential mobility: Wealth, demographic and housing market effects'. Together they form a unique fingerprint.
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Steele, F. A., Clarke, P. S., Ermisch, J., Kulu, H., Washbrook, E. V., Haynes, M., Martinez, A. & Spallek, M.
1/10/10 → 1/04/14