Showing 1 - 10 of 12,821
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …
Persistent link: https://www.econbiz.de/10014339552
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …
Persistent link: https://www.econbiz.de/10014314214
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …
Persistent link: https://www.econbiz.de/10014315150
Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …
Persistent link: https://www.econbiz.de/10014317712
to account for anticipation effects on consumption. We investigate this using high-frequency spending and balance sheet … with a standard buffer-stock consumption model, and implies that it is less effective to target stimulus to low liquidity …
Persistent link: https://www.econbiz.de/10013361501
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 … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …
Persistent link: https://www.econbiz.de/10011761605
homeownership. In this paper we use property-level data to estimate the effect of government mortgage guarantees on homeownership … government guarantees, but find no robust effect on homeownership. This finding suggests that government guarantees could be … considerably reduced with modest effects on homeownership, which is relevant for housing finance reform plans that propose to …
Persistent link: https://www.econbiz.de/10012179046
We exploit a quasi-experiment that occurred in Stockholm in 2007 to provide new evidence on the magnitude of the housing wealth e.ect. Stockholm's smaller city airport was expected to close in 2011 but its operating contract was unexpectedly renewed after political negotiation behind closed...
Persistent link: https://www.econbiz.de/10011948340
We exploit a quasi-experiment to provide new evidence on the magnitude of the housing wealth effect. We estimate an immediate shock of approximately -15% to house prices close to one of Stockholm's airports after its operations were unexpectedly continued as a result of political bargaining....
Persistent link: https://www.econbiz.de/10011967367
Persistent link: https://www.econbiz.de/10012064982