This paper examines whether the determinants of household saving have changed over time and whether they are the same across countries. Using a cross-country data for 34 OECD countries for the 1970-2019, we find that traditional saving rate specifications still perform strik ingly well and can...

We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption. Looking at Finnish aggregate data, we find no robust evidence of increased interest rate elasticity of private consumption even as the household sector's debt-to-income ratio...

We analyze the relationship of the distribution of future GDP growth and accumulation of household debt in Finnish macroeconomic data from 1980 to 2019. We find clear evidence that exuberant accumulation of household debt is related to the thickening of the left tail of the future growth...

This report analyses the main developments in housing finance in the euro area in the decade, covering the period from 1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such loans and the spreads between the interest rates on...

Im Zuge der sogenannten Flüchtlingskrise ist die Unterbringung von Flüchtlingen und deren Implikationen in den Fokus der Debatte zwischen Öffentlichkeit, Politik und nicht zuletzt der Bauwirtschaft gerückt. Darüber hinaus sind Preise und Mieten im Wohnungsmarkt durch eine nicht hinreichende...

Dieser Thünen Report untersucht Wohnstandortentscheidungen als im Lebensverlauf regelmäßig stattfindende Abwägungs- und Aushandlungsprozesse von Haushalten in Bezug auf einen subjektiv angemessenen Wohnstandort. Neben Wohnmobilität (d. h. Gemeindegrenzen überschreitende Wanderungen oder...

With prices surging in major cities since 2010, the debate about a potential speculative bubble in the German housing market has been gaining momentum. Overall, however, the German housing market is sound. Neither an excess of construction, nor an excess of mortgage lending have been observed,...

Central bank independence is a common feature in advanced economies. Delegation of monetary policy to an independent central bank with a clear mandate for price stability has proven to be successful in keeping a check on inflation and providing a trusted currency. However, it is also a fact that...

The aim of this doctoral project is an empirical analysis of questions concerning economics of education, in particular education policy. The first key aspect is the relationship between public opinion and the level of information of the population. As part of this, a first research project...

Dieser Forschungsbericht enthält deskriptive Ergebnisse aus dem Projekt: "Weiterbildungsbeteiligung in Deutschland - Kompetenzausstattung, formale Qualifikation und Persönlichkeitsmerkmale", welches durch das BMBF gefördert wird und aktualisiert Ergebnisse, die durch Kruppe/Trepesch (2017)...