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Do households use home-ownership to insure themselves? : evidence across U.S. cities
Amior, Michael; Halket, Jonathan - In: Quantitative economics : QE ; journal of the … 5 (2014) 3, pp. 631-674
Are households more likely to be homeowners when “housing risk” is higher? We show that home-ownership rates and loan … disentangle the contributions of high price levels from high volatilities by building a life-cycle model of home-ownership choices …. We find that higher price levels can explain most of the lower home-ownership. Higher risk in the model leads to slightly …
Persistent link: https://www.econbiz.de/10011757320
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Homeownership and the life cycle : an ordered logit approach
Capéau, Bart; Decoster, André; Vermeulen, Frederic - In: Applied economics quarterly 51 (2005) 4, pp. 345-357
Persistent link: https://www.econbiz.de/10003308404
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Measuring expectations from household survey : new results on subjective probabilities of future house prices
Bover, Olympia - In: SERIEs : Journal of the Spanish Economic Association 6 (2015) 4, pp. 361-405
I analyze new data on subjective probabilistic expectations on house prices collected in the Spanish Survey of Household Finances. Households are asked to distribute ten points among five different scenarios for the change in the price of their homes over the next 12 months. This paper is the...
Persistent link: https://www.econbiz.de/10011417887
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Demand projections and consumption pattern analysis at provincial level in Pakistan
Hina, Hafsa; Abbas, Seyyda Taskeen - In: Pakistan journal of applied economics : PJAE 31 (2021) 1, pp. 1-30
Fluctuations in income and population are imperative elements for changing the structure of food demand. In perspective of the significance of food demand examination for provinces of Pakistan, thisstudy investigatesthe demand elasticities and household consumption behaviour both at the...
Persistent link: https://www.econbiz.de/10012814276
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The effect of house prices on fertility : evidence from Canada
Clark, Jeremy; Ferrer, Ana - 2019
Persistent house price increases are a likely candidate for consideration in fertility decisions. Theoretically, higher housing prices will cause renters to desire fewer additional children, but home owners to desire more children if they already have sufficient housing and low substitution...
Persistent link: https://www.econbiz.de/10012064223
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The influence of socioeconomic variability on the housing quality standard in sub-Saharan Africa
Daramola, Olawumi; Adeleye, Olufemi; Agbabiaka, Hafeez; … - In: Economic and environmental studies : a journal for … 18 (2018) 3, pp. 1089-1103
The study examined the relationships between residents’ socioeconomic characteristics and the housing quality standard in Abeokuta, Nigeria. Systematic sampling technique was used to select 198 household heads for questionnaire administration. The findings revealed that socioeconomic factors...
Persistent link: https://www.econbiz.de/10011943069
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Euler equation estimation : children and credit constraints
Jørgensen, Thomas H. - In: Quantitative economics : QE ; journal of the … 7 (2016) 3, pp. 935-968
Conventional estimators based on the consumption Euler equation, intensively used in studies of intertemporal consumption behavior, produce biased estimates of the effect of children on the marginal utility of consumption if consumers face credit constraints. As a more constructive contribution,...
Persistent link: https://www.econbiz.de/10011800891
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Private rental housing market underdevelopment : life cycle model simulations for Poland
Rubaszek, Michał - In: Baltic journal of economics 19 (2019) 2, pp. 334-358
The share of the private rental housing market in Central and Eastern European countries is low. With a survey data from Poland, I show that strong tenure preferences of households toward owning can be attributed to both economic and psychological factors. Building on these findings, I develop a...
Persistent link: https://www.econbiz.de/10012123437
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Children and life-cycle consumption
Grant, Charles B. - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-28
This paper investigates the role of children in explaining the life-cycle pattern of consumption (which is hump-shaped since it is higher in the middle of life and lower at the beginning and end of life). Unlike previous studies, a true panel of U.K. households was exploited to investigate...
Persistent link: https://www.econbiz.de/10012816143
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Do households use home-ownership to insure themselves? : evidence across U.S. cities
Amior, Michael; Halket, Jonathan - In: Quantitative economics : QE ; journal of the … 5 (2014) 3, pp. 631-674
Persistent link: https://www.econbiz.de/10011546631