Showing 1 - 10 of 1,111
Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of … income uncertainty and credit constraints exert a significant negative effect on the probability of homeownership. Our main …
Persistent link: https://www.econbiz.de/10010261962
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...
Persistent link: https://www.econbiz.de/10010262138
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/10010286880
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 …
Persistent link: https://www.econbiz.de/10010291348
-occupied housing) have become increasingly important sources of economic inequality in Germany over the last two decades. Whereas the … effects to increase over time. The analyses presented here, exemplified for Germany, make a clear case for the joint …
Persistent link: https://www.econbiz.de/10010324274
In this paper we investigate the effect of labour income uncertainty on the probability of home ownership in Germany …
Persistent link: https://www.econbiz.de/10010261778
tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeownership decision, using a … suggests that immigrants with a stronger commitment to the host country are more likely to achieve homeownership for a given …
Persistent link: https://www.econbiz.de/10010272337
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of the choice between self-employment and paid employment he shows that having a background in a large number of different roles increases the probability of becoming an...
Persistent link: https://www.econbiz.de/10010261621
for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for …
Persistent link: https://www.econbiz.de/10010261655
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The empirical estimation takes the rare events nature of...
Persistent link: https://www.econbiz.de/10010261762