Date of Graduation
5-2020
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Economics
Advisor/Mentor
Embaye, Abel
Committee Member/Reader
Farmer, Amy
Abstract
This paper explores the issue of homelessness within the United States and seeks to create an econometric model that identifies predicting factors of homelessness at a state level which can be used to estimate the size of homeless populations. The author analyzed the role of 16 factors including income inequality, minimum wage, unemployment, rental cost, poverty, education, veteran status, and substance abuse on the 2017 state homeless populations. Using an ordinary least squares regression, the model produced five significant variables: adjusted minimum wage, percent of income spent on rent, possession of health insurance, average winter temperature, and the unemployment rate. Through its assessment of economic, personal, and environmental factors, this model provides a foundational understanding of the types of variables which predict state homelessness.
Keywords
Homelessness, Econometrics
Citation
Smith, Z. (2020). An Econometric Analysis of Homelessness Risk-Factors. Economics Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/econuht/29