Determinants of Growth in Multiunit Housing Demand since the Great Recession: An Age-Period-Cohort Analysis

Table 2

Intrinsic estimator and APCC model estimated effect coefficients.

		Coefficient estimates
		Intrinsic estimator method	APCC method
Intercept		19.25
Age-class	16–25	16.11
	26–35	1.69
	36–45	−5.17
	46–55	−5.67
	56–65	−5.19
	66–75	−2.98
	76–85	1.23
Period	1970	−1.18
	1980	1.06
	1990	0.89
	2000	0.20
	2010	−0.96
Cohort	1885–1894	−3.16
	1895–1904	−0.04
	1905–1914	−1.35
	1915–1924	−3.29
	1925–1934	−3.76
	1935–1944	−3.49
	1945–1954	−2.64
	1955–1964	−0.90
	1965–1974	2.91
	1975–1984	6.13
	1985–1994	9.59
Real GDP			−0.02

denotes values not significantly different from zero at 5% level of significance.