In this paper we show the extent that home ownership varies over the life-cycle and differs by cohort and by education. We explain these differences in a calibrated model of life-cycle behaviour where households choose labour supply and consumption and also home-ownership status. Home-ownership is associated with greater labour supply both in the model and in the data. We use the model to show the effect that alternative assumptions on capital market imperfections make to home-ownership and to labour supply. Increases in downpayment requirements lead to delays in home ownership. Decreases in the permitted debt to income ratio lead to less home-ownership across the life-cycle
This paper uses a structural model to address the question of why home-owners with large mortgage de...
This paper extends the standard model of life cycle consumption, saving and labor supply in a number...
In recent decades, a growing body of academic literature has focused on the possible negative effect...
In this paper we show the extent that home ownership varies over the life-cycle and differs by cohor...
We incorporate home production in a dynamic general equilibrium model of consumption and saving with...
The authors incorporate home production in a dynamic general equilibrium model of consumption and sa...
In a Bewley model with endogenous price volatility, home ownership and mobility across locations and...
Perhaps the most common finding relating housing to the labour market is that high home-ownership ra...
We incorporate home production in a dynamic general equilibrium model of con-sumption and savings wi...
AbstractIn a Bewley model with endogenous price volatility, home ownership and mobility across locat...
This paper combines income and expenditure with time use data to provide a unique picture of the tim...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We propose a life-cycle model of the housing market with a property ladder and a credit constraint. ...
This paper uses a structural model to address the question of why home-owners with large mortgage de...
This paper extends the standard model of life cycle consumption, saving and labor supply in a number...
In recent decades, a growing body of academic literature has focused on the possible negative effect...
In this paper we show the extent that home ownership varies over the life-cycle and differs by cohor...
We incorporate home production in a dynamic general equilibrium model of consumption and saving with...
The authors incorporate home production in a dynamic general equilibrium model of consumption and sa...
In a Bewley model with endogenous price volatility, home ownership and mobility across locations and...
Perhaps the most common finding relating housing to the labour market is that high home-ownership ra...
We incorporate home production in a dynamic general equilibrium model of con-sumption and savings wi...
AbstractIn a Bewley model with endogenous price volatility, home ownership and mobility across locat...
This paper combines income and expenditure with time use data to provide a unique picture of the tim...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We model individual demand for housing over the life cycle, and show the aggregate implications of t...
We propose a life-cycle model of the housing market with a property ladder and a credit constraint. ...
This paper uses a structural model to address the question of why home-owners with large mortgage de...
This paper extends the standard model of life cycle consumption, saving and labor supply in a number...
In recent decades, a growing body of academic literature has focused on the possible negative effect...