Heteroscedastic Probit Model: An Application Of Home Ownership In Turkey

• Ebru ÇAGLAYAN ^[1] ; Turgut UN ^[1]
  1. [1] Marmara University

     Marmara University

     Turquía

     
• Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 12, Nº. 2, 2012, págs. 77-84
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • This study examines the factors affecting the possibility of owning a house in Turkey using probit models. Moreover, it focuses on the heteroscedasticity problem that is ignored in most of the probit applications. The results obtained from the study indicate that besides the demographic characteristics of the head of the household, education, employment, and income are also influential factors in regard to home ownership. Besides these things, evidence indicates that the choice to live in either rural or urban areas has a significant impact on home ownership.