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Publisher : Euro-American Associ ... ✕Department : İktisat Bölümü ✕
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Heteroscedastic probit model: An application of home ownership in Turkey

Ebru ÇAĞLAYAN AKAY

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.

Article 2012 İktisadi ve İdari Bilimler Fakültesi Regional and Sectoral Economic Studies12 ( 2 ) 57 Views
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