having a mortgage in Spain. Similarly, the higher the mortgage depth in the country of ancestry, the higher the present value … of the monthly mortgage payments. Our results suggest that social norms regarding mortgage finance in the country of … ancestry matter in determining immigrants' mortgage finance in the host country. More specifically, the effect of social norms …

determinants of access to mortgage finance. It also examines whether mortgage holders were more likely to suffer financial distress … compared with non-mortgage holders in the period before the global financial crisis. The analysis does not find any systematic … evidence that mortgage holders are financially more vulnerable than renters or outright owners; in fact, the incidence of …

. We contribute to the literature in distinguishing homeowners with mortgage payments and outright homeowners. We … homeowner, a homeowner with mortgage payments or a tenant by a mixed multinomial logit model. To be able to correctly identify … results show that homeowners with a mortgage exit unemployment first. Outright owners stay unemployed the longest. Tenants …

amount of home equity that is expected to be released over a 10-year period through regular monthly mortgage payments. We …

We study the link between homeownership and entrepreneurship using a model of occupational choice and housing tenure … where homeowners commit a fixed budget to mortgage payments. Our model predicts that: (i) mortgage commitments, by … amplifying risk aversion, diminish the likelihood that homeowners start a business; (ii) the negative link between homeownership …

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 …