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This paper focuses on three issues. First, it analyzes the increasing inequality of wealth in Sweden in terms of … cohort differences in wealth accumulation. Second, it is shown that bequests and inter vivo gifts contribute to the age and … cohort differences in wealth, but do not increase the inequality of wealth. The third theme is mobility of wealth as a …
Persistent link: https://www.econbiz.de/10014068335
A couple delegates a person, D, to divide a cake (their inheritance) of unit length among their children, players A and …
Persistent link: https://www.econbiz.de/10012969776
Persistent link: https://www.econbiz.de/10012220083
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10003932400
Persistent link: https://www.econbiz.de/10003934200
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10011379608
Persistent link: https://www.econbiz.de/10001792385
In this study we use functional magnetic resonance imaging (fMRI) to understand how homeowners process non-financial information when considering strategic mortgage default. We find that borrowers initially attempt to inhibit their knee jerk reaction to retaliate against a lender who has engaged...
Persistent link: https://www.econbiz.de/10013096053
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10013149138
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10013149512