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We investigate the relationship between homeownership and life as well as housing satisfaction. Using panel data from … offsets the positive impact of homeownership. …
Persistent link: https://www.econbiz.de/10013165881
payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with …
Persistent link: https://www.econbiz.de/10011761605
payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with …
Persistent link: https://www.econbiz.de/10012929253
The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … evaluate the role of specific housing policies which tend to discourage homeownership. In comparison to other countries with … higher homeownership such as the United States, Germany has an extensive social housing sector with broad eligibility …
Persistent link: https://www.econbiz.de/10012862735
Using German regional data for 1998, 2002 and 2006, this study reexamines the Oswald hypothesis, the conjecture that high levels of home ownership lead to inferior outcomes in regional labor markets. Including a set of controls for regional unemployment rates, three different econometric models...
Persistent link: https://www.econbiz.de/10009374781
This paper studies housing tenure and labour mobility using individual data from the ECHP for five European countries. First, the effect of housing tenure on the unemployed workers' labour mobility is studied using a discrete unemployment duration model with two alternative exits to employment,...
Persistent link: https://www.econbiz.de/10014088730
Persistent link: https://www.econbiz.de/10003034937
Persistent link: https://www.econbiz.de/10001906832
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 …
Persistent link: https://www.econbiz.de/10013319511