Showing 1 - 10 of 122
mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the …. Estimates of the marginal propensity to consume out of housing wealth are presented for ten OECD countries, where it is found …
Persistent link: https://www.econbiz.de/10012445177
While Denmark has fairly flexible labour and product markets in most respects, the housing market stands out with large direct and indirect subsidies for all types of housing and a highly regulated rental market hindering mobility, probably resulting in a mismatch between housing needs and use....
Persistent link: https://www.econbiz.de/10012445788
While Denmark has fairly flexible labour and product markets in most respects, the housing market stands out with large direct and indirect subsidies for all types of housing and a highly regulated rental market hindering mobility, probably resulting in a mismatch between housing needs and use....
Persistent link: https://www.econbiz.de/10005046153
, belated retirement and low replacement ratios in rural areas, and special rules governing public sector pensions. Labour … consolidating the various regimes, raising retirement ages and shifting more of the cost of rural pensions to the central government …
Persistent link: https://www.econbiz.de/10012444116
The Dutch occupational pension system has been successful in securing high asset accumulation to fund generous pension promises. However, for the second time in this decade the pension system has been affected by a financial crisis and many pension funds’ assets fell below levels needed to...
Persistent link: https://www.econbiz.de/10012446259
Housing markets have played a prominent role in macroeconomic developments over recent years. For a great part of the 2000s, buoyant housing markets have contributed to sustained economic activity in most OECD countries. But many markets overheated and the collapse of the US subprime mortgage...
Persistent link: https://www.econbiz.de/10008480480
borrow for current consumption on the basis of their housing wealth, and the easing of borrowing constraints has often been … wealth effects and/or an easing of liquidity constraints. House prices also influence the profitability of house building …
Persistent link: https://www.econbiz.de/10005045630
relationship between consumption and income, and more specifically on the wealth effect. A range of different procedures is used to … assess the impact of financial deregulation on global wealth and on its different components (financial, housing and others …
Persistent link: https://www.econbiz.de/10005045935
mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the …. Estimates of the marginal propensity to consume out of housing wealth are presented for ten OECD countries, where it is found …
Persistent link: https://www.econbiz.de/10005046210
workers. We find that statutory retirement ages have an important influence on the decision to leave employment. Higher …
Persistent link: https://www.econbiz.de/10013174619