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dc.contributor.authorRøed Larsen, Erling
dc.date.accessioned2015-02-24T12:07:13Z
dc.date.available2015-02-24T12:07:13Z
dc.date.issued2014
dc.identifier.citationJournal of Applied Economics, 17(2014)2: 325-352nb_NO
dc.identifier.issn1514-0326
dc.identifier.issn1667-6726
dc.identifier.urihttp://hdl.handle.net/11250/277521
dc.descriptionThis is the author's accepted and refereed manuscript to the articlenb_NO
dc.description.abstractHousing is a major component of aggregate demand, and understanding how the demand for housing co-varies with income is useful for analysis and policy. While estimating housing consumption for tenants amounts to observing rents, estimating housing consumption for owner-occupiers is challenging because it is not directly observable and interest payments vary with re-paid principals. In order to examine the housing consumption for owner-occupiers, this article combines micro data sets on income and imputed rents for owner-occupiers based on home attributes from a consumer expenditure survey and monthly rents in a rental survey. This allows estimation of an Engel curve of owner-occupied consumption, both parametrically and non-parametrically. Regression results demonstrate that the income share of owner-occupied housing consumption decreases with income, while the Engel elasticity computed at the mean is 0.32 and increasing in income.nb_NO
dc.language.isoengnb_NO
dc.publisherElseviernb_NO
dc.titleThe Engel curve of owner-occupied housing consumptionnb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.source.journalJournal of Applied Economicsnb_NO
dc.identifier.doi10.1016/S1514-0326(14)60015-5
dc.description.localcode1, Forfatterversjonnb_NO


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