Chambers, Matthew; Garriga, Carlos; Schlagenhauf, Don - Federal Reserve Bank of St. Louis - 2007
home-
ownership rate, we consider a simple expression that aggregates the participation in owner-
occupied housing across … could be responsible for the growth in the home-
ownership rate between 1994 and 2005 if these changes occur in household … between 56 to 70 percent of the increase in the aggregate home-
ownership rate. Demographic e�ects account for between 16 and …