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. Author manuscript; available in PMC: 2017 Nov 1.
Published in final edited form as: Reg Sci Urban Econ. 2016 Sep 22;61:38–51. doi: 10.1016/j.regsciurbeco.2016.09.004

Table 7. Robustness Check on Gentrification on Residential Mobility (Individuals without Mortgages Only).

Move (Any Move) as the Outcome Move Downward as the Outcome (Movers)

1. Main Results (All Individuals) 2. Tracts within 0.5 mile as the control 3. Consumers with 2+ accounts 4. Individuals 25+ years old 5. Main Results (All Individuals) 6. Tracts within 0.5 mile as the control 7. Consumers with 2+ accounts 8. Individuals 25+ years old
Gentrification & risk score (Ref: Nongentrify & Score 750+)
Gentrify 0.003 0.003 0.002 0.003 -0.058*** -0.071*** -0.046** -0.055***
Score 650–749 0.017*** 0.020*** 0.018*** 0.014*** 0.042*** 0.029 0.035** 0.043***
Score 580–649 0.008*** 0.006 0.015*** 0.008*** 0.076*** 0.058*** 0.059*** 0.077***
Score <580 -0.026*** -0.026*** -0.027*** -0.021*** 0.125*** 0.096*** 0.109*** 0.126***
Gentrify & Score 650–749 0.037*** 0.031*** 0.041*** 0.034*** 0.026 0.038 0.028 0.024
Gentrify & Score 580–649 0.007 0.007 0.016** 0.001 0.058*** 0.072*** 0.036 0.054**
Gentrify & Score <580 -0.010** -0.011** -0.004 -0.012*** 0.082*** 0.103*** 0.061*** 0.087***
Sum of coefficients
Gentrify + Gentrify & Score <580 -0.007*** -0.009*** -0.002* -0.009*** 0.024** 0.031*** 0.015 0.032***
R Square 0.048 0.057 0.072 0.045 0.087 0.099 0.073 0.087
Number of observations 209,989 6144,136 116,350 189,515 20,120 214,192 13,120 16,928

Note: From linear probability regressions using pooled data (2003–2004 and 2006–2014); results for “gentrify” and for other gentrification types are from different regressions; r-squares are for the model using the categorical variables only;

***, **, *

represent significant at 0.01, 0.05, or 0.1 level, respectively; control variables include risk score, household size, age, mortgage status, serious delinquency, distance to City Hall and universities, year dummies, and neighborhood indicators; estimation is based on data from the FRBNY Consumer Credit Panel/Equifax.