Search Results

Source: Real Estate Economics
Resulting in 4 citations.
1. Barker, David
Miller, Eric
Homeownership and Child Welfare
Real Estate Economics 37,2 (June 2009): 279-303
Cohort(s): Children of the NLSY79, NLSY79
Publisher: American Real Estate and Urban Economics Association (AREUEA)
Keyword(s): Behavior; Behavior Problems Index (BPI); Behavioral Problems; Children; Children, Well-Being; Early Childhood Longitudinal Study (ECLS-B, ECLS-K); Home Observation for Measurement of Environment (HOME); Home Ownership; Mobility; Panel Study of Income Dynamics (PSID); Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Residence

Permission to reprint the abstract has not been received from the publisher.

Recent studies have concluded that home ownership is beneficial to children. This result is important because it is used to justify large government subsidies that encourage home ownership. We reexamine the results of two of the most prominent of these studies using the Panel Study of Income Dynamics, Public Use Microsample, and National Longitudinal Survey of Youth data. We extend this research by controlling for residential mobility, wealth, dwelling type and vehicle ownership, as well as by using a "differences in differences" methodology to deal with possible treatment effects bias. We find that the beneficial effects of home ownership previously measured are substantially reduced or eliminated by controlling for these factors. We confirm these results using data from the Early Childhood Longitudinal Study. [ABSTRACT FROM AUTHOR]
Bibliography Citation
Barker, David and Eric Miller. "Homeownership and Child Welfare." Real Estate Economics 37,2 (June 2009): 279-303.
2. Haurin, Donald R.
Parcel, Toby L.
Haurin, R. Jean
Does Homeownership Affect Child Outcomes?
Real Estate Economics 30,4 (Winter 2002):635-667.
Also: http://search.epnet.com/direct.asp?an=7717323&db=buh
Cohort(s): Children of the NLSY79, NLSY79
Publisher: American Real Estate and Urban Economics Association (AREUEA)
Keyword(s): Armed Forces Qualifications Test (AFQT); Behavior; Behavior Problems Index (BPI); Behavioral Problems; Children, Behavioral Development; Cognitive Ability; Home Environment; Home Observation for Measurement of Environment (HOME); Home Ownership; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading)

Permission to reprint the abstract has not been received from the publisher.

The data set that forms the basis for our analysis is the National Longitudinal Survey of Youth (NLSY), augmented by the NLSY-Child Data. We study the impact of homeowning on the cognitive and behavioral outcomes of children. Using four waves of a comprehensive national panel data set, we control for many social, demographic and economic variables previously found to influence child outcomes. The data are a panel, allowing us to control for unobserved household-and child-specific factors. We use a treatment effects model to address the issue of possible sample selection bias caused by unobserved variables that influence both the parent's choice of whether to own or rent and whether to invest in their children. We find that owning a home compared with renting leads to a 13 to 23% higher quality home environment, greater cognitive ability and fewer child behavior problems. For children living in owned homes, math achievement is up to 9% higher, reading achievement is up to 7% higher, and children's behavioral problems are 1 to 3% lower. [ABSTRACT FROM AUTHOR]
Bibliography Citation
Haurin, Donald R., Toby L. Parcel and R. Jean Haurin. "Does Homeownership Affect Child Outcomes?" Real Estate Economics 30,4 (Winter 2002):635-667.
3. Holupka, Scott
Newman, Sandra J.
The Effects of Homeownership on Children's Outcomes: Real Effects or Self-Selection?
Real Estate Economics 40,3 (Fall 2012): 566-602.
Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6229.2012.00330.x/abstract
Cohort(s): Children of the NLSY79, NLSY79
Publisher: American Real Estate and Urban Economics Association (AREUEA)
Keyword(s): Academic Development; Achievement; Children, Well-Being; Cognitive Development; Home Ownership; Panel Study of Income Dynamics (PSID); Peabody Individual Achievement Test (PIAT- Reading)

Permission to reprint the abstract has not been received from the publisher.

This article examines whether there is a “homeownership effect” for lower-income racial and ethnic groups who have been the target of public policies to expand homeownership. We use two different methods to account for selection, statistical matching and instrumental variable analysis; test direct and indirect (mediator) effects of homeownership on children's cognitive achievement, behavior problems and health using the Panel Study of Income Dynamics and its Child Development Supplement; and replicate the main effects tests using the National Longitudinal Survey of Youth. We find little evidence of beneficial homeownership effects and suggest that previous analyses may have mistaken selection differences for the effect of homeownership itself.
Bibliography Citation
Holupka, Scott and Sandra J. Newman. "The Effects of Homeownership on Children's Outcomes: Real Effects or Self-Selection?" Real Estate Economics 40,3 (Fall 2012): 566-602.
4. Ringo, Daniel
Home Ownership as a Labor Market Friction
Real Estate Economics published online (5 February 2020): DOI: 10.1111/1540-6229.12309.
Also: https://onlinelibrary.wiley.com/doi/abs/10.1111/1540-6229.12309
Cohort(s): NLSY79
Publisher: American Real Estate and Urban Economics Association (AREUEA)
Keyword(s): Geocoded Data; Home Ownership; Mobility; Unemployment

Permission to reprint the abstract has not been received from the publisher.

This paper estimates the effect of home ownership on individuals' unemployment. Because of higher moving costs, home owners will be less willing than renters to relocate for work and could therefore face longer unemployment spells. Estimation is complicated by the endogeneity of ownership, as owners will have different abilities, preferences and job prospects than renters. I instrument for home ownership using a preference shifter from the worker's childhood environment. The results indicate that home ownership is a significant hindrance to mobility, and home owners suffer longer unemployment spells because of it.
Bibliography Citation
Ringo, Daniel. "Home Ownership as a Labor Market Friction." Real Estate Economics published online (5 February 2020): DOI: 10.1111/1540-6229.12309.