Advanced Search
MyIDEAS: Login to save this paper or follow this series

Immobilienverzehrprodukte: Potenzielle Profiteure und Nachfragehemmnisse

Contents:

Author Info

  • Maier, Andreas

Abstract

In der wirtschaftswissenschaftlichen Literatur wird das ökonomische Potenzial von Immobilienverzehrprodukten vielseitig diskutiert. Obwohl diesen Produkten aus wohlfahrts-theoretischen Gesichtspunkten eine hohe Bedeutung beigemessen wird, zeigt die empirische Evidenz, dass die Nachfrage weit hinter den Erwartungen zurückbleibt. Die neoklassischen Ansätze können die Diskrepanz zwischen tatsächlicher und potenzieller Nachfrage teilweise erklären, zum besseren Verständnis ist es jedoch notwendig auch auf verhaltenswissen-schaftliche Theorien zurückzugreifen. In der nachfolgenden Arbeit werden unterschiedliche Theorien vorgestellt und ein Beitrag zur Erklärung der Diskrepanz zwischen potenzieller und tatsächlicher Nachfrage in Deutschland geleistet. Dazu wurde eine direkte Befragung mit Interessenten und Rentenbeziehern durchgeführt. Die Untersuchung gibt erste empirische Evidenz über die sozioökonomischen Charakteristika, Nachfragehemmnisse und Präferenzen von potenziellen Profiteuren in Deutschland. Die daraus gewonnenen Erkenntnisse ermöglichen es Investoren, bedarfs-gerechte Produkte zu entwickeln. Dies ist der Diffusion von Immobilienverzehrprodukten dienlich. --

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://econstor.eu/bitstream/10419/74659/1/747605181.pdf
Download Restriction: no

Bibliographic Info

Paper provided by University of Rostock, Institute of Economics in its series Thuenen-Series of Applied Economic Theory with number 115.

as in new window
Length:
Date of creation: 2010
Date of revision:
Handle: RePEc:zbw:roswps:115

Contact details of provider:
Postal: Ulmenstr. 69, 18057 Rostock
Phone: (0381)498-4310
Fax: (0381)498-4310
Web page: http://www.wiwi.uni-rostock.de/vwl/
More information through EDIRC

Related research

Keywords: Leibrenten; Reverse Mortgage; Wohneigentum; Demografischer Wandel;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Jonathan Skinner, 1993. "Is Housing Wealth a Sideshow?," NBER Working Papers 4552, National Bureau of Economic Research, Inc.
  2. Rothschild, Michael & Stiglitz, Joseph E, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 90(4), pages 630-49, November.
  3. Christopher J. Mayer & Katerina Simons, 1993. "Reverse mortgages and the liquidity of housing wealth," Working Papers, Federal Reserve Bank of Boston 93-5, Federal Reserve Bank of Boston.
  4. Steven F. Venti & David A. Wise, 1989. "But They Don't Want to Reduce Housing Equity," NBER Working Papers 2859, National Bureau of Economic Research, Inc.
  5. Sally R. Merrill & Meryl Finkel & Nandinee K. Kutty, 1994. "Potential Beneficiaries from Reverse Mortgage Products for Elderly Homeowners: An Analysis of American Housing Survey Data," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 22(2), pages 257-299.
  6. H. M. Shefrin & Richard Thaler, 1977. "An Economic Theory of Self-Control," NBER Working Papers 0208, National Bureau of Economic Research, Inc.
  7. Mitchell, Olivia S. & Piggott, John, 2004. "Unlocking housing equity in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 18(4), pages 466-505, December.
  8. Wilhelm, Mark O, 1996. "Bequest Behavior and the Effect of Heirs' Earnings: Testing the Altruistic Model of Bequests," American Economic Review, American Economic Association, American Economic Association, vol. 86(4), pages 874-92, September.
  9. Lusardi, Annamaria, 1997. "Precautionary saving and subjective earnings variance," Economics Letters, Elsevier, Elsevier, vol. 57(3), pages 319-326, December.
  10. Shefrin, Hersh M & Thaler, Richard H, 1988. "The Behavioral Life-Cycle Hypothesis," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 26(4), pages 609-43, October.
  11. Börsch-Supan, Axel & Reil-Held, Anette & Schunk, Daniel, 2006. "Das Sparverhalten deutscher Haushalte: Erste Erfahrungen mit der Riester-Rente," Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim 07-15, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
  12. Ralf Rodepeter & Joachim K. Winter, 2000. "Rules of Thumb in Life-Cycle Savings Models," Econometric Society World Congress 2000 Contributed Papers, Econometric Society 1222, Econometric Society.
  13. Maurice Weinrobe, 1987. "An Analysis of Home Equity Conversion in the RAM Program," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 15(2), pages 65-78.
  14. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc.
  15. Barro, Robert J., 1974. "Are Government Bonds Net Wealth?," Scholarly Articles 3451399, Harvard University Department of Economics.
  16. Olivia S. Mitchell & James M. Poterba & Mark J. Warshawsky, . "New Evidence on the Money's Worth of Individual Annuities," Pension Research Council Working Papers, Wharton School Pension Research Council, University of Pennsylvania 97-9, Wharton School Pension Research Council, University of Pennsylvania.
  17. Stephen Zeldes, . "Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence," Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research 20-86, Wharton School Rodney L. White Center for Financial Research.
  18. Kimball, Miles S, 1990. "Precautionary Saving in the Small and in the Large," Econometrica, Econometric Society, Econometric Society, vol. 58(1), pages 53-73, January.
  19. Jeffrey R. Brown, 2007. "Rational and Behavioral Perspectives on the Role of Annuities in Retirement Planning," NBER Working Papers 13537, National Bureau of Economic Research, Inc.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:zbw:roswps:115. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.