The Impact of Credit Constraints, Interest Rates and Housing Equity Withdrawal on the Intertemporal Pattern of Consumption PDF Download
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Author: Kerry D. Patterson
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 19
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Book Description
Author: Kerry D. Patterson
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 19
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Book Description
Author: David F Clapham
Publisher: SAGE
ISBN: 1446265943
Category : Business & Economics
Languages : en
Pages : 530
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Book Description
Cross-disciplinary and critical in its approach, The SAGE Handbook of Housing Studies is an elucidating look at the key issues within the field. It covers the study of housing retrospectively, but also analyses the future directions of research and theory, demonstrating how it can contribute to wider debates in the social sciences. A comprehensive introductory chapter is followed by four parts offering complete coverage of the area: Markets: examines the perception of housing markets, how they function in different contexts, and the importance of housing behaviour and neighbourhoods Approaches: looks at how other disciplines - economics, geography, and sociology - have informed the direction of housing studies Context: traces the interactions between housing studies and other aspects of society, providing context to debate housing through issues of space, social, welfare and the environment. Policy: is a multi-disciplinary and comprehensive take on the major policy issues and the causes and possible solutions of housing problems such as regeneration and homelessness. Edited by leading names in the field and including international contributions, the book is a stimulating, wide-ranging read that will be an invaluable resource for academics and researchers in geography, urban studies, sociology, social policy, economics and politics.
Author: Geoffrey Meen
Publisher: Springer Science & Business Media
ISBN: 1461516730
Category : Business & Economics
Languages : en
Pages : 279
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Book Description
Spatial fixity is one of the characteristics that distinguishes housing from most other goods and services in the economy. In general, housing cannot be moved from one part of the country to another in response to shortages or excesses in particular areas. The modelling of housing markets and the interlinkages between markets at different spatial levels - international, national, regional and urban - are the main themes of this book. A second major theme is disaggregation, not only in terms of space, but also between households. The book argues that aggregate time-series models of housing markets of the type widely used in Britain and also in other countries in the past have become less relevant in a world of increasing income dispersion. Typically, aggregate relationships will break down, except under special conditions. We can no longer assume that traditional location or tenure patterns, for example, will continue in the future. The book has four main components. First, it discusses trends in housing markets both internationally and within nations. Second, the book develops theoretical housing models at each spatial scale, starting with national models, moving down to the regional level and, then, to urban models. Third, the book provides empirical estimates of the models and, finally, the models are used for policy analysis. Analysis ranges over a wide variety of topics, including explanations for differing international house price trends, the causes of housing cycles, the role of credit markets, regional housing market interactions and the role of housing in urban/suburban population drift.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 1336
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 368
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Book Description
Author: British Library. Document Supply Centre
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 834
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Book Description
Issue for Mar. 1981 contains index for Jan.-Mar. 1981 in microfiche form.
Author: Andreas Lehnert
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 72
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Book Description
"I test the credit-market effects of housing wealth shocks by estimating the consumption elasticity of house price shocks among households in different age quintiles. Younger households face faster expected income growth and hence would like to borrow more than older households. I estimate consumption elasticities from housing wealth by age quintile to be (4; 0; 3; 8; 3) percent. As predicted by theory, the youngest group has a higher elasticity of consumption than the next two age quintiles. That the consumption of the age quintile on the verge of retirement is responsive to housing wealth is also not surprising: I show that these households are likeliest to "downsize" their house and thus realize any capital gains"--Abstract.
Author: Xuefeng Pan
Publisher:
ISBN: 9781369087628
Category : Home ownership
Languages : en
Pages : 128
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Book Description
This dissertation adds to the literature by building and utilizing micro home prices that produce new results on the housing wealth effect, by showing that home equity withdrawals for consumption are independent of specific housing finance institutions, and by proving that monetary policy shocks also transmit to consumption through the housing sector, in addition to the balance-sheet channel often found.
Author: Bibliothèque centrale (Fonds Quetelet)
Publisher:
ISBN:
Category :
Languages : en
Pages : 1002
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Author: John Muellbauer
Publisher:
ISBN:
Category : Credit
Languages : en
Pages : 37
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Book Description
