Research Article
Testing Estimates of Housing Cost Differences among US Metropolitan Areas
Table 5
Predicting the proxy with housing cost measures alone.
| | Measure A | Measure B | Measure C | Measure D | Measure E | Measure F |
| Large sample | | | | | | | Constant | 5.959* | 5.927* | 5.967* | 6.124* | 6.018* | | (0.121) | (0.110) | (0.084) | (0.085) | (0.136) | | Housing cost measure | −0.451* | −0.419* | −0.459* | −0.616* | −0.517* | | (0.116) | (0.105) | (0.079) | (0.080) | (0.132) | |
| -squared | 0.079 | 0.083 | 0.163 | 0.252 | 0.082 | | SEE | 0.421 | 0.420 | 0.402 | 0.380 | 0.421 | | Metropolitan areas | 176 | 176 | 176 | 176 | 176 | |
| ACCRA sample | | | | | | | Constant | 5.852* | 6.034* | 6.252* | 6.324* | 6.211* | 5.983* | (0.229) | (0.217) | (0.206) | (0.146) | (0.295) | (0.218) | Housing cost measure | −0.348 | −0.553* | −0.825* | −0.872* | −0.739* | −0.005* | (0.242) | (0.233) | (0.230) | (0.155) | (0.316) | (0.002) |
| -squared | 0.024 | 0.062 | 0.132 | 0.272 | 0.061 | 0.050 | SEE | 0.406 | 0.398 | 0.383 | 0.351 | 0.399 | 0.401 | Metropolitan areas | 87 | 87 | 87 | 87 | 87 | 87 |
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