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wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and … wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and …
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systems, structural reforms in pension schemes and the reduction in the traditional family support have increased the need for … data from the Eurosystem Household Finance and Consumption Survey (HFCS) to analyse the household's wealth composition and … accumulation process in the euro area. To quantify the size of the housing wealth and its potential to enhance existing and future …
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