An Empirical Analysis of the Housing Decisions of Older Homeowners
使用收入动态面板数据，通过多项逻辑回归分析财务、人口和住房变量对老年房主住房变动倾向的影响，发现人口因素比财务因素更重要。
This paper examines the effects of finanacial, demographic and housing variables on older homeowners' propensity to make a variety of housing changes. Pooled cross‐sectional data from the Panel Study of Income Dynamics is used in a multinomial logit framework. The results indicate that demographic factors are much more important than financial factors in explaining housing changes by older homeowners.