In this paper we investigate the effect of labour income uncertainty on the probability of homeownership in Germany and … that highlights the pivotal role of risk attitudes in the housing tenure decisions that also allow us to introduce the … preference for renting while those located in a positively skewed income distribution show a greater propensity for homeownership …

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk … attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the … perceives the threat of job loss and is of a transitory nature. The change in stated risk attitude matches observable job …

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 …

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 …

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 …