Do Conspicuous Consumers Pay Higher Housing Premiums? Spatial and Temporal Variation in the United States

Author:

Lee Kwan Ok1,Mori Masaki2

Affiliation:

1. Department of Real Estate, School of Design and Environment; National University of Singapore; 4 Architecture Drive; Singapore 117566 Singapore

2. Department of Real Estate, School of Design and Environment; National University of Singapore; 4  Architecture Drive; Singapore 117566 Singapore

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference34 articles.

1. Luxury Goods and the Equity Premium;Aït-Sahalia;Journal of Finance,2004

2. Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations;Arellano;Review of Economic Studies,1991

3. Another Look at the Instrumental Variable Estimation of Error-Component Models;Arellano;Journal of Econometrics,1995

4. Veblen Effects in a Theory of Conspicuous Consumption;Bagwell;American Economic Review,1996

5. Initial Conditions and Moment Restrictions in Dynamic Panel Data Models;Blundell;Journal of Econometrics,1998

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