Showing 1 - 10 of 13
In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In particular we are interested in the effect of the pattern of ownership across cohorts. Given that wealth accumulates over the life-cycle and that owners are wealthier than...
Persistent link: https://www.econbiz.de/10011285421
Persistent link: https://www.econbiz.de/10012509953
Persistent link: https://www.econbiz.de/10011629609
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging from 40% in Switzerland to 80% in Spain. This paper investigates whether culture is a driving factor of the homeownership decision, and could thus explain part of the...
Persistent link: https://www.econbiz.de/10012116283
Persistent link: https://www.econbiz.de/10012197012
Persistent link: https://www.econbiz.de/10012542170
We quantify the housing-consumption channel in mortgage demand according to which households borrow more following house-price increases since housing and non-housing consumption are imperfect substitutes. To identify this channel, we take a structural approach to mortgage demand and supply,...
Persistent link: https://www.econbiz.de/10014633602
Persistent link: https://www.econbiz.de/10014550861
Persistent link: https://www.econbiz.de/10014550888
Persistent link: https://www.econbiz.de/10014450926