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Surprises and housing tenure decisions in Great Britain

Ermisch, John and Di Salvo, Pamela (1996) 'Surprises and housing tenure decisions in Great Britain.' Journal of Housing Economics, 5 (3). pp. 247-273. ISSN 1051-1377

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Abstract

The paper models the transition rates between the three main housing tenures in Britain. “Surprises” like partnership break-up, acquisition of a partner, and spells of unemployment are found to have large impacts on tenure changes. Through their effects on these transition rates, variation in the rate of arrival of such surprises affects the “equilbrium” housing tenure distribution of people. The transition rate models are estimated using two sources of longitudinal data: the first four waves of the British Household Panel Study (1991-1994) and data for the 1958 birth cohort from the National Child Development Study, covering their housing experiences from the ages of 16-33.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Social Sciences > Institute for Social and Economic Research
Depositing User: Jim Jamieson
Date Deposited: 31 Jan 2014 11:46
Last Modified: 31 Jan 2014 11:46
URI: http://repository.essex.ac.uk/id/eprint/8753

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