HPI Regressions: Jan 9 Update
Olivia Martin
All: Year FE and City Clustered SE
##
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## Model 1 Model 2 Model 3 Model 4
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## county_loo_hpi -2.54 -7.34 0.86 1.81
## (1.52) (4.84) (1.19) (4.21)
## city_lpop_2012 -38.61 89.38
## (86.80) (74.21)
## county_loo_hpi:city_lpop_2012 0.27 0.01
## (0.31) (0.25)
## city_linc_2012 16.56 633.62 *
## (319.17) (278.40)
## county_loo_hpi:city_linc_2012 1.25 -0.24
## (1.00) (0.88)
## --------------------------------------------------------------------
## Num. obs. 615 615 615 615
## R^2 (full model) 0.69 0.72 0.46 0.51
## R^2 (proj model) 0.08 0.14 0.43 0.48
## Adj. R^2 (full model) 0.67 0.70 0.45 0.51
## Adj. R^2 (proj model) 0.01 0.08 0.42 0.48
## F statistic (full model) 30.97 34.35 57.83 70.74
## F (full model): p-value 0.00 0.00 0.00 0.00
## F statistic (proj model) 6.14 6.11 20.68 34.05
## F (proj model): p-value 0.00 0.00 0.00 0.00
## Num. groups: county 34 34
## Num. groups: Year 7 7 7 7
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## *** p < 0.001; ** p < 0.01; * p < 0.05##
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## Model 1 Model 2
## ------------------------------------------------------------------------
## county_loo_hpi 82.45 *** 72.80 ***
## (19.40) (17.93)
## city_lpop_2012 6357.93 ** 2914.85
## (2001.67) (1822.32)
## city_linc_2012 6141.63 ** 3149.69
## (1959.20) (1692.24)
## county_loo_hpi:city_lpop_2012 -19.65 *** -16.14 ***
## (4.26) (4.20)
## county_loo_hpi:city_linc_2012 -17.73 *** -15.07 ***
## (4.10) (3.73)
## city_lpop_2012:city_linc_2012 -1350.56 ** -598.04
## (429.73) (388.68)
## county_loo_hpi:city_lpop_2012:city_linc_2012 4.19 *** 3.37 ***
## (0.90) (0.88)
## ------------------------------------------------------------------------
## Num. obs. 615 615
## R^2 (full model) 0.77 0.58
## R^2 (proj model) 0.30 0.55
## Adj. R^2 (full model) 0.75 0.57
## Adj. R^2 (proj model) 0.24 0.54
## F statistic (full model) 40.72 63.51
## F (full model): p-value 0.00 0.00
## F statistic (proj model) 8.69 22.69
## F (proj model): p-value 0.00 0.00
## Num. groups: county 34
## Num. groups: Year 7 7
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## *** p < 0.001; ** p < 0.01; * p < 0.05County FE: No, Year FE: Yes, City-Clustered SE: Yes
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## ====================================
## Model 1
## ------------------------------------
## county_loo_hpi 0.91 ***
## (0.15)
## ------------------------------------
## Num. obs. 615
## R^2 (full model) 0.42
## R^2 (proj model) 0.39
## Adj. R^2 (full model) 0.42
## Adj. R^2 (proj model) 0.38
## F statistic (full model) 63.75
## F (full model): p-value 0.00
## F statistic (proj model) 37.40
## F (proj model): p-value 0.00
## Num. groups: Year 7
## ====================================
## *** p < 0.001; ** p < 0.01; * p < 0.05