Similar Search Results

Accounting for changes in the homeownership rate

Chambers, Matthew (contributor); Garriga, Carlos (contributor) - 2007

generation model with housing. We find that the long-run importance of the introduction of new mortgage products for the …

Persistent link: https://www.econbiz.de/10003740842

Estimating temptation and commitment over the life-cycle

Kovacs, Agnes; Low, Hamish; Moran, Patrick - 2020

This paper estimates the importance of temptation (Gul and Pesendorfer, 2001) for consumption smoothing and asset accumulation in a structural life-cycle model. We use two complementary estimation strategies: ﬁrst, we estimate the Euler equation of this model; and second we match liquid and...

Persistent link: https://www.econbiz.de/10012253295

Wealth inequality and the distributional effects of maximum loan-to-value ratio policy

Gatt, William - 2023

looking at the effect of a reduction in the maximum loan-to-value (LTV) ratio on homeownership rates, house prices and housing … is initially loose, allowing households to lever up against the collateral value of their housing. A reduction in the LTV … is the fall in house prices and the greater is the rise in the share of constrained homeowners and housing wealth …

Persistent link: https://www.econbiz.de/10014335097

Did housing policies cause the postwar boom in homeownership?

Chambers, Matthew; Garriga, Carlos; Schlagenhauf, Don E. - 2012

Persistent link: https://www.econbiz.de/10009574714

Long-term care insurance financing using home equity release : evidence from an online experimental survey

Hanewald, Katja; Bateman, Hazel; Fang, Hanming; Ho, Tin Long - 2022

Persistent link: https://www.econbiz.de/10012818739

Crises in the housing market : causes, consequences, and policy lessons

Garriga, Carlos; Hedlund, Aaron - 2019

Persistent link: https://www.econbiz.de/10012138895

Financialisation of the Maltese household? : household debt dynamics, the mortgage market, and housing in Malta

Cassar, Dylan - 2023

This paper provides a comprehensive assessment of household debt dynamics in Malta between 2010 and 2020. Drawing on the Household Finance and Consumption Survey, it argues that a process of financialisation of the household is underway on the Maltese islands, primarily via the mortgage market....

Persistent link: https://www.econbiz.de/10014427487

Mortgages and monetary policy

Garriga, Carlos; Kydland, Finn E.; Šustek, Roman - 2015

Mortgages are prime examples of long-term nominal loans. As a result, under incomplete asset markets, monetary policy can affect household decisions through the cost of new mortgage borrowing and the value of payments on outstanding debt. These channels are distinct from the transmission through...

Persistent link: https://www.econbiz.de/10011306278

The loan structure and housing tenure decisions in an equilibrium model of mortgage choice

Chambers, Matthew S. (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003741456

American Dream Delayed: Shifting Determinants of Homeownership

Khorunzhina, Natalia; Miller, Robert A. - 2019

This paper develops and estimates a dynamic model of discrete choice for labor supply, fertility and transition from tenant to home-owner,to investigate the secular decline in home ownership over the past several decades,wholly attributable to households postponing the purchase of their first...

Persistent link: https://www.econbiz.de/10012142399

1
2
3
4
5
6
7
8
9
10
Next
Last