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Maximum Score Estimates of the Determinants of Residential Mobility: Implications for the Value of Residential Attachment and Neighborhood Amenities
[report]
1990
unpublished
This paper examines the determinants of the decision of low-income renters to move out of their current dwelling. Maximum score estimation is shown t be superior to ordinary discrete choice estimation techniques (probit, logit) for this problem, ad for similar discrete choices that require revering a previously optimal decision. The estimation reveals psychological costs f moving for typical low income renters of at least 8% of their income; these costs are even higher for older, longer tenure,
doi:10.17848/wp90-01
fatcat:6jul3wmdgvgmdognvwx7c27gjm