relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial …

This study investigates the interrelation between the household leverage cycle, collateral constraints, and monetary … fall in economic activity during periods of household deleveraging. In contrast, monetary policy shocks only have … insignificant effects during a household leveraging state. These results are robust to alternative definitions of leveraging and …

Housing bubbles and crashes are catastrophic events for economies, implying enormous destruction of housing wealth … housing policies can affect economies’ propensity to build up speculative house price bubbles. Specifically, we focus on the … liberalization effects of rent and credit regulation as well as homeownership and austerity policies. Drawing on a long-run time …

. Mortgage loans are important from a financial perspective due to their large share in banks' assets and their long credit …

Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and … reduced ability to share goods within the household. This disadvantage is important to estimate and embed in standard analysis … on the role of subsistence incomes of different household types in utility functions may shed light on explanations for …

social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … Social Assistance, which provides a permanent universal household income floor, with a minor role for temporary earnings …-related Unemployment Insurance. Reflecting that married couples obtain intra-household insurance by making labor supply choices for both …

compare effective average tax rates for different household types in France and Germany. Our analysis shows that the popular …

insurance between the household categories than in the difference in their savings rates. Whereas the average amount saved on … the part of the self employed household in 1993 - more recent data is not avialable - was more than twice the amount saved …