Consumption and saving over the life cycle: How important are consumer durables?

J Fernandez-Villaverde, D Krueger - Macroeconomic dynamics, 2011 - cambridge.org
In this paper we investigate whether a standard life-cycle model in which households
purchase nondurable consumption and consumer durables and face idiosyncratic income …

Out‐of‐town home buyers and city welfare

J Favilukis, S Van Nieuwerburgh - The Journal of Finance, 2021 - Wiley Online Library
Many cities have attracted a flurry of out‐of‐town (OOT) home buyers. Such capital inflows
affect house prices, rents, construction, labor income, wealth, and ultimately welfare. We …

A dynamic model of housing demand: Estimation and policy implications

P Bajari, P Chan, D Krueger… - International Economic …, 2013 - Wiley Online Library
Using data from the PSID, we estimate a dynamic model of housing demand with nonconvex
adjustment costs, credit constraints, and uncertainty about income and home prices. We …

Low homeownership in Germany—A quantitative exploration

L Kaas, G Kocharkov, E Preugschat… - Journal of the …, 2021 - academic.oup.com
The homeownership rate in Germany is one of the lowest among advanced economies. To
better understand this fact, we evaluate the role of specific housing policies that tend to …

Income distribution and housing prices: An assignment model approach

N Määttänen, M Terviö - Journal of Economic Theory, 2014 - Elsevier
We present a framework for studying the relation between the distributions of income and
house prices that is based on an assignment model where households are heterogeneous …

Rural-urban migration, structural transformation, and housing markets in China

C Garriga, A Hedlund, Y Tang, P Wang - American Economic Journal …, 2023 - aeaweb.org
This paper investigates the interrelationship between urbanization, structural transformation,
and the post-2000 Chinese housing boom through the lens of a dynamic spatial equilibrium …

Housing demand during the boom: The role of expectations and credit constraints

T Landvoigt - The Review of Financial Studies, 2017 - academic.oup.com
I use a life-cycle model of housing demand to infer expectations about house prices and
home equity requirements for the housing boom of the 2000s from observed household …

Mortgage defaults

JC Hatchondo, L Martinez, JM Sánchez - Journal of Monetary Economics, 2015 - Elsevier
A life-cycle model is developed in which households face income and house-price risk and
buy houses with mortgages. This model, which accounts for key features in US data, is used …

Homeownership and portfolio choice over the generations

G Paz-Pardo - American Economic Journal: Macroeconomics, 2024 - aeaweb.org
Earnings are riskier and more unequal for households born in the 1960s and 1980s than for
those born in the 1940s. Despite improvements in financial conditions, younger generations …

Türkiye'de konut talebinin belirleyicileri (1970-2015): Ampirik bir çalışma

D Uysal, M Yiğit - … Sosyal Bilimler Meslek Yüksek Okulu Dergisi, 2016 - sbmyod.selcuk.edu.tr
Öz Çalışmada Türkiye'de konut talebini etkileyen faktörler araştırılmaya çalışılmıştır. Konut
talebini etkileyen faktörler olarak Kişi Başı Gelir, Fiyatlar, Kentleşme Hızı, Faiz ve M2 parasal …