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Intergenerational transmission of homeownership decisions in Spain

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  • Morales, Marina

Abstract

The aim of this paper is to analyze whether parent’s decision about owning one’s own dwelling may be an important determinant of the future homeownership decisions of their children in Spain. To address this issue, we use data from the Survey of Living Conditions (2011). Our results confirm the intergenerational transmission of homeownership in Spain, in such a way that the probability that the respondent own their home is determined, although not exclusively, by their parent’s homeownership decision during their teenage years.

Suggested Citation

  • Morales, Marina, 2019. "Intergenerational transmission of homeownership decisions in Spain," MPRA Paper 96047, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:96047
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    References listed on IDEAS

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    1. José Alberto Molina & María Navarro & Ian Walker, 2011. "Intergenerational Well‐Being Mobility in Europe," Kyklos, Wiley Blackwell, vol. 64(2), pages 253-270, May.
    2. Miriam Marcén & Marina Morales, 2020. "The effect of culture on home‐ownership," Journal of Regional Science, Wiley Blackwell, vol. 60(1), pages 56-87, January.
    3. Rosa Duarte & Sandra Ferrando-Latorre & José Alberto Molina, 2018. "How to escape poverty through education?: intergenerational evidence in Spain," Applied Economics Letters, Taylor & Francis Journals, vol. 25(9), pages 624-627, May.
    4. Diaz-Serrano, Luis, 2005. "Labor income uncertainty, skewness and homeownership: A panel data study for Germany and Spain," Journal of Urban Economics, Elsevier, vol. 58(1), pages 156-176, July.
    5. Haurin, Donald R. & Kamara, Duewa A., 1992. "The homeownership decision of female-headed households," Journal of Housing Economics, Elsevier, vol. 2(4), pages 293-309, December.
    6. Karl E. Case & Robert J. Shiller, 2003. "Is There a Bubble in the Housing Market?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 299-362.
    7. Julien Dupont & Dominique Guellec & Joaquim Oliveira Martins, 2011. "OECD Productivity Growth in the 2000s: A Descriptive Analysis of the Impact of Sectoral Effects and Innovation," OECD Journal: Economic Studies, OECD Publishing, vol. 2011(1), pages 1-23.
    8. Aaronson, Daniel, 2000. "A Note on the Benefits of Homeownership," Journal of Urban Economics, Elsevier, vol. 47(3), pages 356-369, May.
    9. Charles Himmelberg & Christopher Mayer & Todd Sinai, 2005. "Assessing High House Prices: Bubbles, Fundamentals and Misperceptions," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 67-92, Fall.
    10. Catalina Amuedo-Dorantes & Kusum Mundra, 2013. "Immigrant Homeownership and Immigration Status: Evidence from Spain," Review of International Economics, Wiley Blackwell, vol. 21(2), pages 204-218, May.
    11. Green, Richard K. & White, Michelle J., 1997. "Measuring the Benefits of Homeowning: Effects on Children," Journal of Urban Economics, Elsevier, vol. 41(3), pages 441-461, May.
    12. J. Ignacio Gimenez-Nadal & Jose Alberto Molina & Raquel Ortega, 2017. "Like my parents at home? Gender differences in children’s housework in Germany and Spain," Empirical Economics, Springer, vol. 52(4), pages 1143-1179, June.
    13. repec:dau:papers:123456789/7961 is not listed on IDEAS
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    Cited by:

    1. Marina Morales, 2021. "Intergenerational transmission of fertility outcomes in Spain," Manchester School, University of Manchester, vol. 89(4), pages 315-329, July.
    2. Morales, Marina, 2020. "Intergenerational transmission of fertility decisions in Spain," MPRA Paper 102046, University Library of Munich, Germany.

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    More about this item

    Keywords

    Homeownership; Intergenerational transmission; Spain;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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