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I show that disruptions to personal sources of financing, aside from commercial lending supply shocks, impair the survival and growth of small businesses. Entrepreneurs holding deposit accounts at retail banking institutions that defaulted following the financial crisis reduce personal borrowing...
Persistent link: https://www.econbiz.de/10011575129
I show that disruptions to personal sources of financing, aside from commercial lending supply shocks, impair the survival and growth of small businesses. Entrepreneurs holding deposit accounts at retail banking institutions that defaulted following the financial crisis reduce personal borrowing...
Persistent link: https://www.econbiz.de/10011574742
In this paper, we explore the drivers of house prices in Norway, using a cross-country panel framework. Empirical results confirm that house prices are determined by numerous demand and supply factors, including income, demographics, macroeconomic conditions, stock of housing and institutional...
Persistent link: https://www.econbiz.de/10012203289
, we document the association between house prices and homeownership at age thirty. We then use synthetic cohort methods to …
Persistent link: https://www.econbiz.de/10009530248
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10011372497
& Development Board (HDB) and homeownership financed through Central Provident Fund (CPF) savings. As a result, the country …'s homeownership rate of 90% is one of the highest among market economies. At different stages of its economic development, the …
Persistent link: https://www.econbiz.de/10011441135
We investigate the difference in homeownership rates between natives and first-generation immigrants in France, and how … this difference evolves over the 1975-1999 period, by using a large longitudinal dataset. We find that the homeownership … gap is large and has increased. Entries into the territory have a large negative effect on the evolution of homeownership …
Persistent link: https://www.econbiz.de/10011388131
This paper seeks to understand the extent financialisation has had an impact on the rental housing market in Berlin. Specifically, it focuses on the financialisation of non-financial rental housing companies. The financial statements of five large, publicly listed, commercial rental housing...
Persistent link: https://www.econbiz.de/10012415587
This paper studies the role of the Community Reinvestment Act (CRA) in the recent US housing boom-bust cycle. Using a difference-in-differences matching estimation, I find that the enhancement of CRA enforcement in 1998 caused a 7.7 percentage points increase in annual growth rate of mortgage...
Persistent link: https://www.econbiz.de/10011570577
homeownership in Japan. We find that although both rural and urban households with higher incomes are more likely to transition to … homeownership, access in rural areas is more equally distributed over various income groups. Since most of the previous empirical …, whereas in rural areas homeownership is more equally distributed. Nonetheless, given the relatively low levels of household …
Persistent link: https://www.econbiz.de/10011576837