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Whether and how housing benefits affect recipientís self-sufficiency is a much-debated housing policy issue. This paper examines the employment effects of housing allowance at the time of removal. To be specific, it compares the before-and-after labor market performances between the population...
Persistent link: https://www.econbiz.de/10011154376
Due to the critical significance of housing wealth for both the households and aggregate economy, the impact of changes in housing wealth on consumption has received considerable attentions in the literature. A number of prior studies have suggested that variations in housing wealth have...
Persistent link: https://www.econbiz.de/10010799861
The paper investigates the relationship between changes in housing wealth, financial wealth and the trend movements of household consumption in urban China. By employing the VECM cointegration model, we demonstrate that there is a unique long-run cointegrating relationship between the household...
Persistent link: https://www.econbiz.de/10010834223