Showing 81 - 90 of 36,821
job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …
Persistent link: https://www.econbiz.de/10010329033
study examines the link between housing costs and marriage rate in Iran controlling for other relevant economic determinants … of moments (GMM) estimator, our results reveal that there is a negative relationship between housing costs and marriage …
Persistent link: https://www.econbiz.de/10010333494
Housing is a depreciating asset. The rate of depreciation depends on the degree to which households engage in housing … investments. Housing investment expenditures economy-wide are sizable, averaging 45 percent of the value of new home construction … over the past twenty years. The housing bust and recession coincided with a significant decline in housing investment …
Persistent link: https://www.econbiz.de/10010333620
Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in … which housing price changes work as a wealth effect. In such models, windfall gains in housing always lead to positive … changes in consumption. However, this might constitute a fallacy of composition. Such models ignore that changes in housing …
Persistent link: https://www.econbiz.de/10010335898
essential to quantify how net migration may slow population adjustments. Housing is also a natural candidate for slowing … attractive to potential migrants. We quantify the influence of migration and housing on urban population dynamics using a dynamic … costs of attracting workers to cities drive slow population adjustments. Housing plays a very limited role. …
Persistent link: https://www.econbiz.de/10010352167
In this paper we use a large panel of individuals from Consumer Credit Panel dataset to study the timing of homeownership as a function of credit constraints and expectations of future house price. Our panel data allows us to track individuals over time and we model the transition probability of...
Persistent link: https://www.econbiz.de/10010352190
themes including Traveller values, autonomy, self-sufficiency and choice and we explore the manner in which the housing … poor housing quality alone. This is also expressed through culturally-inappropriate service provision and the denial of … opportunities to exercise choice and control over their own housing in addition to other spillover effects which can negatively …
Persistent link: https://www.econbiz.de/10011558630
Should monetary policy lean against housing market booms? We approach this question using a small-scale, regime …-switching New Keynesian model, where housing market crashes arrive with a logit probability that depends on the level of household …
Persistent link: https://www.econbiz.de/10011564699
Assets in tax-deferred retirement accounts (TDA) and housing are two major components of household portfolios. In this … paper, we develop a life-cycle model to examine the interaction between households' use of TDA and their housing decisions … earlier in their lives. On the other hand, housing-related policies, such as a minimum down payment requirement and mortgage …
Persistent link: https://www.econbiz.de/10011564704
The paper studies the determinants of being unbanked in the euro area and the United States as well as the effects of being unbanked on wealth accumulation. Based on household-level data from The Eurosystem Household Finance and Consumption Survey and the U.S. Survey of Consumer Finances, it...
Persistent link: https://www.econbiz.de/10011564710