Showing 1 - 10 of 2,954
This paper examines the mediating effect of the recent financial crisis on the relationship between house value fluctuation and households' liquid portfolio choice. To isolate exogenous variation in homeowners' home equity and mortgage debt before and after the crisis, I use a new regional level...
Persistent link: https://www.econbiz.de/10012928195
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging … across generations-may value homeownership differently, and could thus be a driving demand factor of the homeownership … decision. To isolate the effect of cultural preferences regarding homeownership from the impact of other economic factors, we …
Persistent link: https://www.econbiz.de/10012817099
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging … across generations—may value homeownership differently, and could thus be a driving demand factor of the home- ownership … decision. To isolate the effect of cultural preferences regarding homeownership from the impact of other economic factors, we …
Persistent link: https://www.econbiz.de/10013296039
homeownership rates. The probability of becoming a homeowner is a function of the relative cost of owning and renting, borrowing … supply is inelastic. homeownership ; tax policy ; prices …
Persistent link: https://www.econbiz.de/10009558474
This paper studies the role of pensions and income taxes in determining homeownership and household wealth. It provides … have similar incomes per capita but very different homeownership rates, with the US and Australia having much higher … homeownership compared to Germany. The question is to what extent the observed differences in homeownership are induced by national …
Persistent link: https://www.econbiz.de/10013216249
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging … from 40% in Switzerland to 80% in Spain. This paper investigates whether culture is a driving factor of the homeownership … decision, and could thus explain part of the cross-country differences in homeownership rates. To isolate the effect of …
Persistent link: https://www.econbiz.de/10013315333
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging … from 40% in Switzerland to 80% in Spain. This paper investigates whether culture is a driving factor of the homeownership … decision, and could thus explain part of the cross-country differences in homeownership rates. To isolate the effect of …
Persistent link: https://www.econbiz.de/10012116283
Professor Philippe Aghion is the 2016 recipient of the Global Award for Entrepreneurship Research, consisting of 100 … policy discussion concerning the interdependencies between entrepreneurship, competition, wealth and growth …
Persistent link: https://www.econbiz.de/10012953364
The study of the determinants of entrepreneurship at the country levelhas been dominated by economic influences. The … relative stability of differences in levels of entrepreneurship across coun-tries suggeststhat other forces such as certain …
Persistent link: https://www.econbiz.de/10012755863
This paper investigates impact of cultural origin on entrepreneurship. Using Swedish registry data on second …’ home countries affect entrepreneurship. We find that children of immigrants from more risk-loving cultures are more likely … to enter entrepreneurship and establish larger firms that are less profitable. We also observe that culturally inherited …
Persistent link: https://www.econbiz.de/10014348929