Raquel Arévalo Tomé () (Universidad de Vigo) Mª. Soledad Otero Giráldez () (Universidad de Vigo) Jacobo de Uña Alvarez () (Universidad de Vigo)
Abstract
The study of the housing market’s peculiarities is of great interest, since they influence the economy and welfare of a given country.Households’ duration of residence plays a key role for explaining private decisions (as buying or renting a house) as well as public decisions (politics oriented to increase the leasing offer or to reduce the cost when entering a house for the first time). Despite of the relevance of this durable good in socio-economics, we are not aware of any investigation on the households’ duration of residence in Spain, which constitutes an extra motivation for performing such a study. The goal of the present work is inferring the distribution of households’ duration of residence from data on current residence time. The Theory of Renewal Processes will be a key tool in our study. Our data come from the Survey of Family Budgets (1980 and 1990) and from the Complete Panel Survey of Homes in the EU (2000). The richness of these data allows for an evaluation of the heterogeneity of the duration of residence according to some variables of interest: tenure, geographic localization, total salary, and value of the housing.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Volume (Year): 176 (2006) Issue (Month): 1 (April) Pages: 87-105 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Did you know? Citation analysis on IDEAS includes online papers that are freely accessible and whose text could be automatically analyzed, currently about 210000 papers.