The relation between financial and housing wealth of Dutch households
1998 (English)Report (Other scientific)
We analyze households' joint investment decisions for financial wealth and homes. We use a bivariate censored regression model with endogenous switching. Fixed costs or transaction costs are captured by an unobserved nonzero censoring threshold. The model
Place, publisher, year, edition, pages
Uppsala: Department of Economics , 1998.
, Working paper / Department of Economics, Uppsala University, 1998:19
IdentifiersURN: urn:nbn:se:uu:diva-44742OAI: oai:DiVA.org:uu-44742DiVA: diva2:72648