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"Current estimates of housing wealth effects vary widely. We consider the role of omitted variables suggested by economic theory that have been absent in a number of prior studies. Our estimates take into account age composition and wealth distribution (using poverty rates as a proxy), as well...
Persistent link: https://www.econbiz.de/10009490142
Persistent link: https://www.econbiz.de/10010457943
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … 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 …
Persistent link: https://www.econbiz.de/10014219952
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … 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 …
Persistent link: https://www.econbiz.de/10011631928
Persistent link: https://www.econbiz.de/10011667069
This article examines how retirement income at age 67 is likely to change for baby boomers and persons born in generation X (GenX) compared with current retirees. We use the Social Security Administration's Modeling Income in the Near Term (MINT) model to project retirement income and assets,...
Persistent link: https://www.econbiz.de/10013037252
pension statements are one way governments can do this. This article compares public pension statements in Canada, Sweden, and …
Persistent link: https://www.econbiz.de/10014035233
that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first … ; taxation ; Australia ; Canada ; New Zealand ; United Kingdom ; United States …
Persistent link: https://www.econbiz.de/10003962818
date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study … Canada in 2000. By 2005, this gap had narrowed to 7 percent, while the difference in median equivalent MI was only 3 percent …. Inequality was notably lower in Canada, with a Gini coefficient of 0.285 for equivalent LIMEW in 2005, compared to a US …
Persistent link: https://www.econbiz.de/10009407148
considerably less than in Canada, the US or Sweden. But does this result come from an underestimate of inequality among the wealthy …
Persistent link: https://www.econbiz.de/10013119964