wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and … wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and …

error differs substantially across countries. Based on a comparison of forecasting practices we show that these differences …

between the countries of the Euro area. We find a strong negative correlation between wealth inequality and homeownership …-country inequality differences. We confirm the major role for homeownership rates in accounting for the wealth inequality differences …The recently published Household Finance and Consumption Survey has revealed large differences in wealth inequality …

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … rate of interest on liquid wealth: (i) mortgage debt, by amplifying risk aversion, diminishes the likelihood that … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …