Expected and unexpected residential mobility

Article Abstract:

Residential mobility has significant implications for neighborhood characteristics and regional economic development. To further the understanding of residential mobility, a study was conducted by examining household mobility expectation and actual moving behavior in a dynamic context. Conditional random effects probit models were applied to panel data from the Panel Study of Income Dynamics for 1979 to 1987. Findings revealed that socioeconomic conditions, such as age and retirement, which a household tends to predict correctly, do not have any significant impact on mobility expectation. On the other hand, unpredictable socioeconomic variables, such as job change and unemployment, may compel a household to adopt a new mobility plan. Their influence on actual mobility was moderated by whether the household was anticipating to relocate or not.

Research, Social status, Social economics, Socioeconomics

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Dynamic modeling of housing tenure choice

Article Abstract:

An econometric model of residential and tenure choice is presented. A overview of residential tenure research accompanies a description of the model; its unique feature is eliminating the sample selection bias by accounting for the fact that tenure choice is only measured when people move.

Models, Housing research, Relocation (Housing)

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Residential mobility and job changes under uncertainty

Article Abstract:

The household's residential mobility along with job change decisions under uncertainty is examined. The households with different degrees of risk aversion have differential tendencies to undergo joint residential moves and job changes.

Analysis, Career changes

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