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Some commentators have argued that the housing crisis may harm labor markets because homeown- ers who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less...
Persistent link: https://www.econbiz.de/10008987695
This paper builds on the existing literature about the distribution of financial resources within the household between … couple members. Using data from the British Household Panel Study (BHPS) we examine the ownership of, and amounts held in … savings, investments and debts by couple members, and how these vary by individual and household characteristics. A particular …
Persistent link: https://www.econbiz.de/10008758928
Some commentators have argued that the housing crisis may harm labor markets because homeowners who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less...
Persistent link: https://www.econbiz.de/10013131307
Persistent link: https://www.econbiz.de/10012793131
Some commentators have argued that the housing crisis may harm labor markets because homeowners who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less...
Persistent link: https://www.econbiz.de/10012461956
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well-being using micro-data from the German wealth survey, Panel on Household Finances - PHF, for 2010 and 2014. Using … well as debt, have differential effects on life satisfaction, (iii) both wealth levels and wealth holdings relative to …Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic …
Persistent link: https://www.econbiz.de/10013171766