paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We … for second mortgages.Savings of homeowners decrease when house prices accelerate. We find no evidence that inc … investigatethe effect of house prices on (i) the number and size of second mortgages, (ii) the savingsof owner-occupiers and (iii …

. This paper uses household-level data from the 'experiment' of German reunification that (exogenously) offered to East …-unification participation of former East and West Germans in financial products, controlling for relevant household characteristics. We vary … available in the East (savings accounts and life insurance); and (ii) cohorts with different exposure to capitalism. We find …

ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We …

ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We …