Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of …-occupancy propensities is driven by risk aversion, as it is assumed in most of the theoretical models, or on the contrary it is driven by … Italian Survey of Household Income and Wealth carried out by the Bank of Italy. Our results confirm that in Italy both labor …

correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts …, employer change, quits, training, wages, and job satisfaction). …

variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new … wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the …

rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and …This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership …

volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher …; iii) the inability for a number of borrowers most at income risk to accumulate precautionary savings in order to meet …

We investigate whether initial differences in speed of entry into homeownership lead to longlasting differences in …

Wahrscheinlichkeit Wohneigentum zu besitzen haben. Für die Jahre kurz vor der Immobilienkrise zeigen sie, dass der Erwerb von … Wohneigentum vom laufenden Einkommen unabhängig wird. Die Rede ist von einer verschwindenden Liquiditätsbeschränkung.. - In dieser … kann. Es zeigt sich, dass der durchschnittliche marginale Effekt des Einkommens auf die Wahrscheinlichkeit Wohneigentum zu …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk … rates of risk and inequity version can be expected to play significant roles. The consumption growth rate plays four roles …