Modelling Mobility and Housing Tenure Choice A Multinomial Probit Model for Panel Data (Draft version)
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چکیده
We use a binary and a multinomial probit model to describe the Dutch household moving decision and joint decisions of the housing tenure choice and residential mobility, respectively. We can only observe the change of the tenure choice after the household moved. We use the method of simulated maximum likelihood (SML) to estimate the heterogeneity by using the specification of random effects with a flexible structure. The estimation is based on unbalanced panel data from the CentER Panel, 1994-2000.
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تاریخ انتشار 2004