Life cycle and housing decisions: a comparison by age cohorts

The use of decomposition methodologies when the involved variable is continuous is not common in the literature. This article uses this methodology, together with other decomposition methodologies, to explain how age can influence on housing decisions. In particular, we use Spanish data to study whe...

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Veröffentlicht in:Applied economics 2013-11, Vol.45 (32), p.4556-4568
Hauptverfasser: Barrios, Víctor E., Colom, M. Consuelo, Molés, M. Cruz
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container_title Applied economics
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creator Barrios, Víctor E.
Colom, M. Consuelo
Molés, M. Cruz
description The use of decomposition methodologies when the involved variable is continuous is not common in the literature. This article uses this methodology, together with other decomposition methodologies, to explain how age can influence on housing decisions. In particular, we use Spanish data to study whether the age of the householder plays a significant role in influencing household decisions with respect to housing tenure and demand. From the comparison of housing decisions between different groups of households classified by the age of the householders, we conclude that age plays the primary role in explaining the gap between households regarding tenure choice, while it shares its importance with other covariates of the model in the housing demand decision.
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subjects Age
Cohorts
decomposition analysis
Households
Housing
housing demand
housing tenure choice
life cycle pattern-age profile
Life cycles
Methodology
title Life cycle and housing decisions: a comparison by age cohorts
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