The impact of borrowing constraints on homeownership has been well established in the literature. Wealth is most likely to restrict homeownership followed by credit and income. Using recent movers from the 1979 National Longitudinal Survey of Youth and borrowing constraint definitions commonly...

Frontmatter -- Contents -- List of Participants -- Preface -- THE SETTING FOR A PRO-GROWTH STRATEGY: AN INTRODUCTION -- 1. RESPONSES TO THE SLOWDOWN IN GROWTH -- 2. REMOVING STRUCTURAL BARRIERS TO GROWTH -- 3. THE ECONOMIC POLICY FAILURE OF THE PAST AND A POLICY AGENDA FOR THE FUTURE -- 4. THE...