Censored Sample Bias, Macroeconomic Factors, and Time on Market of Residential Housing
This paper reexamines the time on market (TOM) of residential housing. We use a larger sample of data to analyze the factors that effect TOM. The research provides evidence of the impact of macroeconomic factors on TOM and demonstrates the application procedure in correcting the censored sample bias in this area of research.
Volume (Year): 9 (1994)
Issue (Month): 2 ()
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