Showing 1 - 10 of 3,986
data from the Eurosystem Household Finance and Consumption Survey (HFCS) to analyse the household's wealth composition and … accumulation process in the euro area. To quantify the size of the housing wealth and its potential to enhance existing and future … amount of home equity that is expected to be released over a 10-year period through regular monthly mortgage payments. We …
Persistent link: https://www.econbiz.de/10012120692
been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth …
Persistent link: https://www.econbiz.de/10010239270
the importance of familial wealth for household wealth accumulation and housing wealth in particular. A back … correlation between child and parent homeownership. We propose a new causal mechanism behind this relationship based on parents …, using an event study approach, we find that the increase in child homeownership occurs almost entirely in the year when …
Persistent link: https://www.econbiz.de/10013286209
Homeownership has been shown to be related to various aspects of well-being, although both the causal nature of this … mechanisms which could be responsible for the positive effects of homeownership, namely its role in providing material security … Europe (SHARE), we analyse the relationship between homeownership and material security, as measured through subjective …
Persistent link: https://www.econbiz.de/10013345891
Household debt among older Americans approaching retirement has increased dramatically over the past couple of decades … household survey data to examine how late life debt affects retirement decisions, we find that more indebted older adults are …
Persistent link: https://www.econbiz.de/10012207096
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012062263
This paper analyses the impact of remittances on household expenditure behaviour in Senegal. We use propensity score … matching and OLS methods to assess the average impact of remittances on several household budget shares. Our results show a …
Persistent link: https://www.econbiz.de/10010344808
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …
Persistent link: https://www.econbiz.de/10013184105
COVID-19 is likely to have a large impact on the welfare of Tunisian households. First, some individuals might be more vulnerable to contracting the disease because their living conditions or jobs make them more susceptible to meeting others or practicing social distancing. Lack of adequate...
Persistent link: https://www.econbiz.de/10012389785
We investigate the socio-economic determinants of mortgage delinquency in 12 EU countries and observe that income … volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher …-income profiles if volatility in income is high enough. From this result we can draw the following conclusions: i) mortgage protection …
Persistent link: https://www.econbiz.de/10002485593