Abstract
| Original language | English |
|---|---|
| Place of Publication | Tilburg |
| Publisher | Econometrics |
| Number of pages | 26 |
| Volume | 1997-15 |
| Publication status | Published - 1997 |
Publication series
| Name | CentER Discussion Paper |
|---|---|
| Volume | 1997-15 |
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Keywords
- sample selection
- Engel curves
- semiparametric cross-section models
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An Analysis of Housing Expenditure Using Semiparametric Cross-Section Models. / Charlier, E.; Melenberg, B.; van Soest, A.H.O.
Tilburg : Econometrics, 1997. (CentER Discussion Paper; Vol. 1997-15).Research output: Working paper › Discussion paper › Other research output
TY - UNPB
T1 - An Analysis of Housing Expenditure Using Semiparametric Cross-Section Models
AU - Charlier, E.
AU - Melenberg, B.
AU - van Soest, A.H.O.
N1 - Pagination: 26
PY - 1997
Y1 - 1997
N2 - In this paper we model expenditure on housing for owners and renters by means of endogenous switching regression models using cross-section data. We explain the share of housing in total expenditure from family characteristics and total expenditure, where the latter is allowed to be endogenous. We apply various existing parametric and semiparametric techniques for cross-section data. Exogeneity of total expenditure is rejected for the parametric models but not for most semiparametric models. The results are compared on the basis of graphs of the estimated relationship between the budget share spent on housing and the logarithm of total expenditure and on the baisi of budget elasticities.
AB - In this paper we model expenditure on housing for owners and renters by means of endogenous switching regression models using cross-section data. We explain the share of housing in total expenditure from family characteristics and total expenditure, where the latter is allowed to be endogenous. We apply various existing parametric and semiparametric techniques for cross-section data. Exogeneity of total expenditure is rejected for the parametric models but not for most semiparametric models. The results are compared on the basis of graphs of the estimated relationship between the budget share spent on housing and the logarithm of total expenditure and on the baisi of budget elasticities.
KW - sample selection
KW - Engel curves
KW - semiparametric cross-section models
M3 - Discussion paper
VL - 1997-15
T3 - CentER Discussion Paper
BT - An Analysis of Housing Expenditure Using Semiparametric Cross-Section Models
PB - Econometrics
CY - Tilburg
ER -