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dc.contributor.authorChiuri, Maria Concettaen
dc.contributor.authorJappelli, Tullioen
dc.date.accessioned2009-04-15-
dc.date.accessioned2009-07-24T13:48:50Z-
dc.date.available2009-07-24T13:48:50Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:hebis:30-56931en
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
dc.language.isoengen
dc.publisher|aGoethe University Frankfurt, Center for Financial Studies (CFS) |cFrankfurt a. M.en
dc.relation.ispartofseries|aCFS Working Paper |x2008/20en
dc.subject.jelG2en
dc.subject.jelR2en
dc.subject.ddc330en
dc.subject.keywordHomeownershipen
dc.subject.keywordWealth Decumulationen
dc.subject.keywordAgingen
dc.subject.stwWohneigentumen
dc.subject.stwDesinvestitionen
dc.subject.stwAlte Menschenen
dc.subject.stwOECD-Staatenen
dc.titleDo the elderly reduce housing equity? An international comparison-
dc.typeWorking Paperen
dc.identifier.ppn577754440en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cfswop:200820en

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