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Negative Home Equity and Household Labor Supply
Bernstein, Asaf - 2020
I find that negative home equity causes a 2%-6% reduction in household labor supply. I utilize U.S. household-level data and plausibly exogenous variation in the location-timing of home purchases with a single lender. Supporting causality, households are observationally equivalent at origination...
Persistent link: https://www.econbiz.de/10012855842
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Housing wealth, labor supply, and retirement behavior : evidence from Korea
Chung, Jongwoo - 2022
Using a longitudinal data set from South Korea, we estimate the impact of housing wealth on labor supply and the … retirement behavior of elderly workers. Estimation results from our model suggest that house wealth variations significantly … influence the labor supply of older workers. The housing wealth effect is bigger for people nearing retirement, which influences …
Persistent link: https://www.econbiz.de/10013197917
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Relative value vs absolute value : housing wealth and labor supply
Jiang, Xiandeng; Pan, Zheng; Zhao, Ningru - In: The journal of real estate finance and economics 66 (2023) 1, pp. 41-76
Persistent link: https://www.econbiz.de/10013542195
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Regional housing wealth, relative housing wealth and labor market behavior
Jiang, Xiandeng; Zhao, Ningru; Pan, Zheng - In: Journal of housing economics 55 (2022), pp. 1-14
Persistent link: https://www.econbiz.de/10013264970
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Intra-Household Wealth and Welfare Inequality in the US : Estimations from a Collective Model of Labor Supply
Molina, Jose Alberto - 2018
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …
Persistent link: https://www.econbiz.de/10012912744
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Unexpected inheritances and household labor supply : does the identity of the recipient matter?
Belloc, Ignacio; Molina, José Alberto; Velilla, Jorge - 2023
Traditionally, the data of inheritances in surveys are analysed assuming that they are equally shared within households. However, inheritances are individual assets, regardless of the marital property regime adopted at the time of marriage. In this paper, we examine the impact of individual...
Persistent link: https://www.econbiz.de/10014431783
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The impact of wealth loss on household economic well-being in China : the case of over-quota birth fines
Yan, Weibo; Nie, Peng - In: Applied economics 56 (2024) 47, pp. 5665-5681
Persistent link: https://www.econbiz.de/10015051133
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Do parents tax their children? : teenage labour supply and financial support
Holford, Angus - 2016
This paper models child employment and parental pocket money decisions as a non-cooperative game. Assuming that the child human capital is a household public good and that the relationship between child human capital and employment is concave, we compare the welfare obtained under different...
Persistent link: https://www.econbiz.de/10011502548
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Do parents tax their children? : teenage labour supply and financial support
Holford, Angus - 2016
This paper models child employment and parental pocket money decisions as a non- cooperative game. Assuming that the child human capital is a household public good and that the relationship between child human capital and employment is concave, we compare the welfare obtained under different...
Persistent link: https://www.econbiz.de/10011515769
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Parental disability and teenagers' time allocation
Kalenkoski, Charlene; Pabilonia, Sabrina Wulff - 2021
Using the 2003-2019 American Time Use Survey, we examine how living with a parent who has a work-limiting disability is related to teenagers' time allocation. For girls, we find that living with a disabled parent is associated with less time spent on educational activities, including both class...
Persistent link: https://www.econbiz.de/10012519362