Showing 71 - 80 of 113,575
We use a finite mixture model to identify latent submarkets from household demographics that estimates a separate …
Persistent link: https://www.econbiz.de/10013088181
Recent sharp declines in owner-occupied housing prices naturally raise the question of whether something similar will happen to income-producing properties. It already has based on the nearly 60% decline in the share prices of publicly-traded, commercial property firms from their peak in early...
Persistent link: https://www.econbiz.de/10012839961
Rent-to-income ratios have risen over the past two decades with large increases at the bottom of the income distribution, prompting concern about a housing affordability crisis. This paper uses minimum wage changes as a natural experiment to study the relationship between housing demand &...
Persistent link: https://www.econbiz.de/10012841087
Recent cohorts in various developed countries take a longer time to form their own household and display lower rates of … the causal link between sharp changes in the risk of job loss and the timing of different forms of household formation … contracts between 1997 and 2009. Using data from the 2002-2014 waves of the Spanish Survey of Household Finances, we document …
Persistent link: https://www.econbiz.de/10012895412
Cross-country differences in homeownership rates are large and persistent over time, with homeownership rates ranging from 44% in Switzerland to 83% in Spain. This paper investigates whether cultures-defined as behavioral attitudes passed across generations-may value homeownership differently,...
Persistent link: https://www.econbiz.de/10012817099
household mobility. We calibrate our theoretical model to match the mobility rates in our data and our quasi …
Persistent link: https://www.econbiz.de/10012865921
household final consumption for 11 advanced countries over the period from 1970 Q1 to 2015 Q4. As a modelling strategy, we …
Persistent link: https://www.econbiz.de/10012917219
Persistent link: https://www.econbiz.de/10012544436
-based housing market model, calibrated using U.K. household survey data. We apply different Loan-to-Value (LTV) caps for different … household debt, wealth inequality and consumption volatility. The households' consumption function, in the model, incorporates a … caps affect household debt, wealth inequality and consumption volatility differently, mediated by changes in the housing …
Persistent link: https://www.econbiz.de/10012659147
Persistent link: https://www.econbiz.de/10012590834