Showing 1 - 10 of 1,188
instruments. The evidence suggests that the typical elderly family does not wish to reduce housing wealth to increase current …We have described the relationship between family attributes and moving, and between moving and change in housing … wealth. Moving is often associated with retirement and with precipitating shocks like the death of a spouse or by other …
Persistent link: https://www.econbiz.de/10012788697
of Income Dynamics. While a cross-section time-series regression implies that housing wealth does affect saving, a fixed …
Persistent link: https://www.econbiz.de/10013234379
This paper describes the wealth accumulation of American youth and relates this behavior to their eventual housing … choices. We develop a data set that links wealth profiles of youth with constant- quality house prices and tenure choice. A … panel data set is compiled for youth age 20-33 for the years 1985 through 1990. We construct wealth profiles for each …
Persistent link: https://www.econbiz.de/10012750797
This paper describes the real wealth accumulation of American youth and relates this behavior to variations in real … price have two offsetting effects on wealth. First, the greater the local constant-quality price of housing, the greater the … wealth needed to meet the lender imposed down payment constraint if housing demand is price inelastic. However, increased …
Persistent link: https://www.econbiz.de/10012756067
Tiebout's classic 1956 paper has strong implications regarding stratification across and within jurisdictions, predicting in the simplest instance a hierarchy of internally homogeneous communities ordered by income. Typically, urban areas are less than fully stratified, and the question arises...
Persistent link: https://www.econbiz.de/10013120986
Health, wealth and where one lives are important, if not the three most important material living conditions. There are …
Persistent link: https://www.econbiz.de/10014075859
onset of an acute illness has a negative effect on family wealth levels and that the onset of chronic illnesses only makes … paper builds on a growing literature that seeks to better document how and why wealth and SES are related. Specifically, we …-differences identification strategy. We estimate a parameter for acute illnesses (which should have a causal effect on wave-to-wave wealth …
Persistent link: https://www.econbiz.de/10013128892
We use the 1988 PSID to study the effects of income and wealth on transfers of money and time between individuals and … in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children …
Persistent link: https://www.econbiz.de/10013217207
Wealth is highly correlated between parents and their children; however, little is known about the extent to which … these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a … relationship between the wealth of adopted and biological parents and that of the adopted child, we find that, even prior to any …
Persistent link: https://www.econbiz.de/10013221103
homeownership but the long-run growth in levels has been similar for both groups, and therefore the racial gap measured in …
Persistent link: https://www.econbiz.de/10013131674