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the reform increased household saving rates during the reform period (1998-2001) by shifting the cost of housing services … from the state to households. We also provide evidence that suggests that the 1998 housing reform affects household saving …China's urban household saving rate has increased markedly since the mid-1990s, accompanied by a dramatic increase in …
Persistent link: https://www.econbiz.de/10013295206
birthday—on household formation early in the lifecycle. After demonstrating that this discontinuity induces a jump in federal …
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Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...
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job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …
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This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several … questions: i) How is homeownership and housing tenure distributed across the population along various socio …
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