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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
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
-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
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
Folklore has it that the comparatively low proportion of self-employed in Germany is in part due to a habit that might …
Persistent link: https://www.econbiz.de/10010261524
In a sharp break with past German research, some recent estimates have suggested that plants with work councils have 25 to 30 per cent higher productivity than their works-councilfree counterparts. Such findings can only serve to buttress the strong theoretical and policy interest in the German...
Persistent link: https://www.econbiz.de/10010261548
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