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http://hdl.handle.net/10419/25555
  

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dc.contributor.authorChiuri, Maria Concettaen_US
dc.contributor.authorJappelli, Tullioen_US
dc.date.accessioned2009-04-15en_US
dc.date.accessioned2009-07-24T13:48:50Z-
dc.date.available2009-07-24T13:48:50Z-
dc.date.issued2008en_US
dc.identifier.piurn:nbn:de:hebis:30-56931-
dc.identifier.urihttp://hdl.handle.net/10419/25555-
dc.description.abstractWe explore the pattern of elderly homeownership using microeconomic surveys of 15 OECD countries, merging 60 national household surveys on about 300,000 individuals. In all countries the survey is repeated over time, permitting construction of an international dataset of repeated cross-sectional data. We find that ownership rates decline considerably after age 60 in all countries. However, a large part of the decline depends on cohort effects. Adjusting for them, we find that ownership rates start falling after age 70 and reach a percentage point per year decline after age 75. We find that differences across country ownership trajectories are correlated with indicators measuring the degree of market regulations.en_US
dc.language.isoengen_US
dc.publisherCenter for Financial Studies Frankfurt, Mainen_US
dc.relation.ispartofseriesCFS Working Paper 2008/20en_US
dc.subject.jelG2en_US
dc.subject.jelR2en_US
dc.subject.ddc330en_US
dc.subject.keywordHomeownershipen_US
dc.subject.keywordWealth Decumulationen_US
dc.subject.keywordAgingen_US
dc.subject.stwWohneigentumen_US
dc.subject.stwDesinvestitionen_US
dc.subject.stwAlte Menschenen_US
dc.subject.stwOECD-Staatenen_US
dc.titleDo the elderly reduce housing equity? An international comparisonen_US
dc.typeWorking Paperen_US
dc.identifier.ppn577754440en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:cfswop:200820-
Appears in Collections:CFS Working Paper Series, Universität Frankfurt a. M.

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