Grevenbrock, Nils; Ludwig, Alexander; Siassi, Nawid - 2023
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … understand these patterns, we build an overlapping-generations model where individuals face uninsurable income risk and make …