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Households borrow against home equity through different types of mortgages: closed end home equity loans or revolving lines of credit, cash-out refinancing, and—for senior homeowners—reverse mortgages. The objective of this study is to identify how borrowing constraints and the lending...
Persistent link: https://www.econbiz.de/10012903634
This paper examines how family housing wealth affects homeownership transitions during divergent periods of credit access. I use matched parent-child data from the Panel Study of Income Dynamics, and exploit variation across local housing markets, as well as the recent housing cycle, to assess...
Persistent link: https://www.econbiz.de/10012852352
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …
Persistent link: https://www.econbiz.de/10013051547
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …
Persistent link: https://www.econbiz.de/10013020673
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints on household finances in 15 Euro Area countries. The empirical analysis is based on the Household Finance and … household level. We find evidence of some degree of homogeneity across countries with respect to saving preferences and the …
Persistent link: https://www.econbiz.de/10013026984
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …
Persistent link: https://www.econbiz.de/10012988731
extended by an additional term which mirrors the credit constraints a household would be faced with. This extension term …
Persistent link: https://www.econbiz.de/10012991089
Persistent link: https://www.econbiz.de/10012802105
Using significantly under-exploited data from institutional sector accounts, we assess the main drivers of both firms' and households' investment in Italy over the past two decades. We estimate a vector error correction model separately for firms and for households. Our findings support the...
Persistent link: https://www.econbiz.de/10012921973
Persistent link: https://www.econbiz.de/10012584133