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Some studies on child labor have shown that greater land wealth leads to higher child labor, thereby casting doubt on …
Persistent link: https://www.econbiz.de/10013317127
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …
Persistent link: https://www.econbiz.de/10012912744
that the differential returns to housing wealth are not related to changes in the nature of the houses or the neighborhoods …
Persistent link: https://www.econbiz.de/10013134291
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10013136779
home ownership and housing wealth as a hedge against future house price risk for individuals moving up the ladder – people …
Persistent link: https://www.econbiz.de/10013138268
homeownership experience high parental voting turnout in elections. We also investigate whether homeownership influences the … associations between homeownership and state-ownership rates and outcome variables. Our findings show no discernible effect of … homeownership on parental voting turnout in school elections after controls are added (contrary to the simple positive association …
Persistent link: https://www.econbiz.de/10013117618
Quality of life differences across areas can be measured by differences in “real wages”, where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
Persistent link: https://www.econbiz.de/10013103501
Because of the many advantages of homeownership for immigrants and for the communities where immigrants reside, a … variety of countries have implemented policies that facilitate immigrant homeownership. Although these policies hinge on … immigration status, the link between immigration status and homeownership is yet to be carefully explored. Using a recent survey …
Persistent link: https://www.econbiz.de/10013104074
Imputed rental income of homeowners is tax exempt in most countries, despite the long-standing arguments recommending its inclusion in the tax base, on both equity and efficiency grounds. The current fiscal crisis revived interest towards this form of taxation. The paper investigates the fiscal...
Persistent link: https://www.econbiz.de/10013107206
homeownership experience during the recent housing boom and housing bust was not homogenous across all groups in the U.S. The recent … deterioration of underwriting practices and a boom in mortgage lending did not benefit minorities and immigrant homeownership in the … U.S.Blacks experienced significantly lower increase in homeownership than the whites but highest exit from homeownership …
Persistent link: https://www.econbiz.de/10013088335