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Econometric analysis of discrete choice: with applications on the demand for housing in the US and West-Germany
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ISBN: 3540185348 3642456332 Year: 1987 Volume: 296 Publisher: Berlin Springer-Verlag

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This book is a treatise on empirical microeconomics: it describes the econometric theory of qualitative choice models and the empirical practice of modeling consumer demand for a heterogeneous commodity, housing. Accordingly, the book has two parts. The first part gives a self-contained survey of discrete choice models with emphasis on nested and related multinomial logit models. The second part concentrates on three sUbstantive questions about housing demand and how they can be answered using discrete choice models. Why combine these two distinct parts in one book? It is the interaction between theory and application in empirical microeconomics on which we focus in this book. Hence, emphasis in the methodological part is on practicability, and emphasis in the applied part is on the usage of the proper econometric specifications. Econometrics means measuring economic phenomena. Because nature (ironically, in the case of economics, this is most often the government) rarely provides us with well-defined economic experiments, measurement of economic phenomena usually requires an elaborate statistical apparatus that is able to separate concurrent and confounding phenomena. Discrete choice models have proved to be a very convenient apparatus to study the complex issues in housing demand. We present models, techniques, and statistical problems of discrete choice in the first and methodological part of the book, written in conventional textbook style.

Life-cycle savings and public policy
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ISBN: 0121098915 9786611024062 1281024066 0080510175 9780121098919 9781429495080 1429495081 9780080510170 9781281024060 6611024069 Year: 2003 Publisher: Amsterdam Boston Academic Press

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The key to understanding household saving is obtaining appropriate data. Dealing with differences between rich and poor households, for example, or the old and the young, require observation of a large number of households. The focus of this study is to obtain data on many households from a number of different countries and to examine them in a coherent fashion. The hope is that through these observations we can learn about the ways policies affect savings and that other differences among savers can be controlled for, instead of being blamed on ""cultural differences* Features a consi


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Das Sparverhalten verstehen

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Econometric analysis of discrete choice : with applications on demand for housing in the U.S. and West-Germany
Author:
ISBN: 9780387185347 0387185348 Year: 1987 Publisher: Berlin: Springer,

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Early Retirement, Social Security and Well-Being in Germany
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Year: 2006 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Pension Reform in Germany: The Impact on Retirement Decisions
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Year: 2003 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Household Saving in Germany: Results of the first SAVE study
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Year: 2003 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Incentive Effects of Social Security on Labor Force Participation: Evidence in Germany and Across Europe
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Year: 1998 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Social Security and Retirement in Germany
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Year: 1997 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Aging in Germany and the United States: International Comparisons
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Year: 1993 Publisher: Cambridge, Mass. National Bureau of Economic Research

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