A Hedonic Approach to Residential Succession
A Hedonic Approach to Residential Succession
复制标题
住宅继承的享乐方法
DOI:
10.2307/2109351
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发表时间:
1990
期刊:
影响因子:
--
通讯作者:
Eric W. Bond
中科院分区:
文献类型:
--
作者:
N. Coulson;Eric W. Bond
A model of neighborhood turnover drawn from Bond and Coulson (1989) is proposed. The type of turnover process that is obtained is shown to depend mainly on the hedonic bid functions for housing and neighborhood quality. A demand system of four hedonic attributes is estimated. The main results are that the traditional model of filtering by age of unit does not occur and that filtering by housing size does. Tipping due to changes in median neighborhood income is also quite possible. Tipping through changes in racial composition appears less likely. Copyright 1990 by MIT Press.