Housing Debt, Employment Risk and Consumption
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- John Y. Campbell & João F. Cocco, 2003.
"Household Risk Management and Optimal Mortgage Choice,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(4), pages 1449-1494.
- John Campbell & Joao F. Cocco, 2002. "Household Risk Management and Optimal Mortgage Choice," Computing in Economics and Finance 2002 47, Society for Computational Economics.
- Joao Cocco & John Campbell, 2004. "Household Risk Management and Optimal Mortgage Choice," Econometric Society 2004 North American Winter Meetings 646, Econometric Society.
- Joao Cocco & John Campbell, 2004. "Household Risk Management and Optimal Mortgage Choice," Econometric Society 2004 North American Winter Meetings 632, Econometric Society.
- Campbell, John & Cocco, Joao, 2003. "Household Risk Management and Optimal Mortgage Choice," Scholarly Articles 3157876, Harvard University Department of Economics.
- John Y. Campbell & Joao F. Cocco, 2002. "Household Risk Management and Optimal Mortgage Choice," Harvard Institute of Economic Research Working Papers 1946, Harvard - Institute of Economic Research.
- John Y. Campbell & Joao F. Cocco, 2003. "Household Risk Management and Optimal Mortgage Choice," NBER Working Papers 9759, National Bureau of Economic Research, Inc.
- Martin Browning & Thomas F. Crossley, 2001.
"The Life-Cycle Model of Consumption and Saving,"
Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 3-22, Summer.
- Martin Browning & Thomas F. Crossley, 2000. "The Life Cycle Model of Consumption and Saving," Social and Economic Dimensions of an Aging Population Research Papers 28, McMaster University.
- Martin Browning & Thomas Crossley, 2001. "The life-cycle model of consumption and saving," IFS Working Papers W01/15, Institute for Fiscal Studies.
- Gabriella Berloffa & Peter Simmons, 2003.
"Unemployment Risk, Labour Force Participation and Savings,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 521-539.
- Gabriella Berloffa & Peter Simmons, "undated". "Unemployment Risk, Labour Force Participation and Savings," Discussion Papers 97/7, Department of Economics, University of York.
- Gabriella Berloffa & Peter Simmons, 1999. "Unemployment risk, labour force participation and savings," Department of Economics Working Papers 9902, Department of Economics, University of Trento, Italia.
- Orazio P. Attanasio & Susann Rohwedder, 2003. "Pension Wealth and Household Saving: Evidence from Pension Reforms in the United Kingdom," American Economic Review, American Economic Association, vol. 93(5), pages 1499-1521, December.
- Orazio Attanasio & Susanne Rohwedder, 2001. "Pension wealth and household saving: evidence from pension reforms in the UK," IFS Working Papers W01/21, Institute for Fiscal Studies.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Declan French & Donal McKillop & Tripti Sharma, 2017. "Analysis of Housing Equity Withdrawal by its Forms," CHaRMS Working Papers 17-04, Centre for HeAlth Research at the Management School (CHaRMS).
- Peter Simmons, 2010. "Effects of Structural Constraints and Costs on Choices," LABOUR, CEIS, vol. 24(s1), pages 25-45, December.
- Andrew Benito, 2009. "Who Withdraws Housing Equity and Why?," Economica, London School of Economics and Political Science, vol. 76(301), pages 51-70, February.
- Vivien Burrows, 2018. "The Impact of House Prices on Consumption in the UK: a New Perspective," Economica, London School of Economics and Political Science, vol. 85(337), pages 92-123, January.
- Angelini, Viola, 2009.
"Consumption and habit formation when time horizon is finite,"
Economics Letters, Elsevier, vol. 103(2), pages 113-116, May.
- Viola Angelini, 2006. "Consumption and Habit Formation when Time Horizon is Finite," Discussion Papers 06/27, Department of Economics, University of York.
- Carl Schwartz & Christine Lewis & David Norman & Tim Hampton, 2008. "Factors Influencing Housing Equity Withdrawal: Evidence from a Microeconomic Survey," The Economic Record, The Economic Society of Australia, vol. 84(267), pages 421-433, December.
- Andrew Benito & Haroon Mumtaz, 2006. "Consumption excess sensitivity, liquidity constraints and the collateral role of housing," Bank of England working papers 306, Bank of England.
- Viola Angelini, 2006. "Mortgage Refinancing and Consumption Smoothing," Discussion Papers 06/26, Department of Economics, University of York.
- Ebner, André, 2013.
"A micro view on home equity withdrawal and its determinants: Evidence from Dutch households,"
Journal of Housing Economics, Elsevier, vol. 22(4), pages 321-337.
- Ebner, André, 2010. "A micro view on home equity withdrawal and its determinants. Evidence from Dutch households," Discussion Papers in Economics 11309, University of Munich, Department of Economics.
- Andrew Benito, 2007. "Housing equity as a buffer: evidence from UK households," Bank of England working papers 324, Bank of England.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Adeline Delavande & Susann Rohwedder, 2008. "Individuals’ Responses to Social Security Reform," Working Papers wp182, University of Michigan, Michigan Retirement Research Center.
- Garry F. Barrett & Yi-Ping Tseng, 2008.
"Retirement Saving in Australia,"
Canadian Public Policy, University of Toronto Press, vol. 34(s1), pages 177-193, November.
- Garry Barrett & Yi-Ping Tseng, 2007. "Retirement Saving in Australia," Social and Economic Dimensions of an Aging Population Research Papers 177, McMaster University.
- Feigenbaum James A. & Li Geng, 2012.
"Life Cycle Dynamics of Income Uncertainty and Consumption,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-49, May.
- James Feigenbaum & Geng Li, 2008. "Lifecycle dynamics of income uncertainty and consumption," Finance and Economics Discussion Series 2008-27, Board of Governors of the Federal Reserve System (U.S.).
- Tullio Jappelli & Mario Padula, 2016.
"The Consumption and Wealth Effects of an Unanticipated Change in Lifetime Resources,"
Management Science, INFORMS, vol. 62(5), pages 1458-1471, May.
- Tullio Jappelli & Mario Padula, 2014. "The Consumption and Wealth Effects of an Unanticipated Change in Lifetime Resources," CSEF Working Papers 354, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 23 Jul 2014.
- Jappelli, Tullio & Padula, Mario, 2015. "The Consumption and Wealth Effects of an Unanticipated Change in Lifetime Resources," CEPR Discussion Papers 10680, C.E.P.R. Discussion Papers.
- Jappelli, Tullio & Padula, Mario, 2015. "The consumption and wealth effects of an unanticipated change in lifetime resources," CFS Working Paper Series 507, Center for Financial Studies (CFS).
- Paolo Emilio Mistrulli & Tommaso Oliviero & Zeno Rotondi & Alberto Zazzaro, 2023.
"Job Protection and Mortgage Conditions: Evidence from Italian Administrative Data,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(6), pages 1211-1237, December.
- Paolo Emilio Mistrulli & Tommaso Oliviero & Zeno Rotondi & Alberto Zazzaro, 2022. "Job protection and mortgage conditions: Evidence from Italian administrative data," Mo.Fi.R. Working Papers 173, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Paolo Emilio Mistrulli & Tommaso Oliviero & Zeno Rotondi & Alberto Zazzaro, 2022. "Job Protection and Mortgage Conditions: Evidence from Italian Administrative Data," CSEF Working Papers 642, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Jappelli, Tullio & Padula, Mario & Bottazzi, Renata, 2005. "Retirement Expectations, Pension Reforms and Their Effect on Private Wealth Accumulation," CEPR Discussion Papers 4882, C.E.P.R. Discussion Papers.
- Viola Angelini & Peter Simmons, "undated". "Housing Debt and Consumption," Discussion Papers 11/20, Department of Economics, University of York.
- Anna Jędrzychowska, 2022. "A Bridge Life Insurance for Households—Diagnosis and Motives," Risks, MDPI, vol. 10(4), pages 1-21, April.
- van Rooij, Maarten C.J. & Kool, Clemens J.M. & Prast, Henriette M., 2007.
"Risk-return preferences in the pension domain: Are people able to choose?,"
Journal of Public Economics, Elsevier, vol. 91(3-4), pages 701-722, April.
- M.C.J. van Rooij & C.J.M. Kool & H.M. Prast, 2005. "Risk-return preferences in the pension domain: are people able to choose?," Working Papers 05-04, Utrecht School of Economics.
- van Rooij, M.C.J. & Kool, C.J.M. & Prast, H.M., 2007. "Risk-return preferences in the pension domain : Are people able to choose?," Other publications TiSEM 22820590-ad4e-4abc-bd21-4, Tilburg University, School of Economics and Management.
- Holger Kraft & Claus Munk, 2011. "Optimal Housing, Consumption, and Investment Decisions over the Life Cycle," Management Science, INFORMS, vol. 57(6), pages 1025-1041, June.
- Werner Dirschmid & Ernst Glatzer, 2004. "Determinants of the Household Saving Rate in Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 25-38.
- Bissonnette, L. & van Soest, A.H.O., 2010. "Retirement Expectations, Preferences, and Decisions," Other publications TiSEM 45e93b08-cc1d-47c6-ba06-d, Tilburg University, School of Economics and Management.
- James Feigenbaum & Geng Li, 2010. "A semiparametric characterization of income uncertainty over the life cycle," Finance and Economics Discussion Series 2010-42, Board of Governors of the Federal Reserve System (U.S.).
- van Rooij, Maarten C.J. & Kool, Clemens J.M. & Prast, Henriette M., 2007.
"Risk-return preferences in the pension domain: Are people able to choose?,"
Journal of Public Economics, Elsevier, vol. 91(3-4), pages 701-722, April.
- M.C.J. van Rooij & C.J.M. Kool & H.M. Prast, 2005. "Risk-return preferences in the pension domain: are people able to choose?," Working Papers 05-04, Utrecht School of Economics.
- van Rooij, M.C.J. & Kool, C.J.M. & Prast, H.M., 2007. "Risk-return preferences in the pension domain : Are people able to choose?," Other publications TiSEM 22820590-ad4e-4abc-bd21-4, Tilburg University, School of Economics and Management.
- Maarten van Rooij & Clemens Kool & Henriëtte Prast, 2005. "Risk-return preferences in the pension domain: are people able to choose?," DNB Working Papers 025, Netherlands Central Bank, Research Department.
- Imrohoroglu, Selahattin & Kitao, Sagiri, 2009.
"Labor supply elasticity and social security reform,"
Journal of Public Economics, Elsevier, vol. 93(7-8), pages 867-878, August.
- Selahattin Imrohoroglu & Sagiri Kitao, 2009. "Labor Supply Elasticity and Social Security Reform," Working Papers, Center for Retirement Research at Boston College wp2009-5, Center for Retirement Research, revised Mar 2009.
- Cocco, Joao F. & Lopes, Paula, 2004. "Defined benefit or defined contribution?: An empirical study of pension choices," LSE Research Online Documents on Economics 24751, London School of Economics and Political Science, LSE Library.
- Callan, Tim & Keane, Claire & Walsh, John R., 2009. "Pension Policy: New Evidence on Key Issues," Research Series, Economic and Social Research Institute (ESRI), number RS14.
- Feigenbaum, James, 2008. "Can mortality risk explain the consumption hump?," Journal of Macroeconomics, Elsevier, vol. 30(3), pages 844-872, September.
- Antonia Diaz & Maria Jose Luengo Prado, 2008.
"On the User Cost and Homeownership,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 584-613, July.
- Antonia Díaz & Maria J. Luengo-Prado, 2006. "On The User Cost and Homeownership," Working Papers 2006-14, FEDEA.
- Luengo Prado, María José, 2006. "On the user cost and homeownership," UC3M Working papers. Economics we065421, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Blundell, Richard & Francesconi, Marco & van der Klaauw, Wilbert, 2011.
"Anatomy of Welfare Reform Evaluation: Announcement and Implementation Effects,"
IZA Discussion Papers
6050, Institute of Labor Economics (IZA).
- Blundell, R & Francesconi, M & van der Klaauw, W, 2011. "Anatomy of Welfare Reform Evaluation:Announcement and Implementation Effects," Economics Discussion Papers 2572, University of Essex, Department of Economics.
More about this item
Keywords
Precautionary savings; employment risk; mortgages; housing;All these keywords.
JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2005-05-07 (Dynamic General Equilibrium)
- NEP-MAC-2005-05-07 (Macroeconomics)
- NEP-URE-2005-05-07 (Urban and Real Estate Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:yor:yorken:05/07. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paul Hodgson (email available below). General contact details of provider: https://edirc.repec.org/data/deyoruk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.