Life cycle patterns and boom-bust dynamics in U.S. housing prices
Home equity did not increase much for households younger than 35 years of age between 1998 and 2007 because the increase in house prices was offset by an equivalent increase in mortgage debt.
Volume (Year): (2013)
Issue (Month): ()
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- Andrew Glover & Jonathan Heathcote & Dirk Krueger & José-Víctor Ríos-Rull, 2011.
"Intergenerational redistribution in the Great Recession,"
684, Federal Reserve Bank of Minneapolis.
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- Glover, Andrew & Heathcote, Jonathan & Krueger, Dirk & Rios-Rull, Jose-Victor, 2014. "Intergenerational Redistribution in the Great Recession," Staff Report 498, Federal Reserve Bank of Minneapolis.
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