The analysis of residence histories and other longitudinal panel data: A continuous time mixed markov renewal model incorporating exogeneous variables

Northwestern University, Evanston, IL 60201, USA
Regional Science and Urban Economics 01/1983; DOI: 10.1016/0166-0462(83)90017-0

ABSTRACT The analysis of residence histories and other longitudinal panel data is fraught with methodological problems. Much recent progress has been made in methods of analysis within discrete time. This paper extends the development of empirically tractable mixed continuous time stochastic models. Analysis of a sample of intra-urban residential histories identifies the effect of tenure type, age of household head, size of household and duration of stay on movement probabilities. Surprisingly, no further variation, as represented by a gamma mixing distribution over a hazard rate parameter, may be identified.

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