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, we document the association between house prices and homeownership at age thirty. We then use synthetic cohort methods to …
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is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average …
Persistent link: https://www.econbiz.de/10011429581
In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In … over cohorts on the distribution of net wealth we impose the homeownership pattern of the US on Germany and ask: What would …
Persistent link: https://www.econbiz.de/10011285421
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10011372497
between the countries of the Euro area. We find a strong negative correlation between wealth inequality and homeownership … by homeownership status shows that the negative relationship is mostly driven by large between-group inequality across … crosscountry inequality differences. We confirm the major role for homeownership rates in accounting for the wealth inequality …
Persistent link: https://www.econbiz.de/10011334237
We study the link between homeownership and entrepreneurship using a model of occupational choice and housing tenure … amplifying risk aversion, diminish the likelihood that homeowners start a business; (ii) the negative link between homeownership …
Persistent link: https://www.econbiz.de/10009753007
I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest less in owner-occupied housing. Using a unique, Swedish register-based database, I find that a one standard deviation increase in the covariance between individually estimated...
Persistent link: https://www.econbiz.de/10010203021