Credit markets and housing choices

Trucchi, Serena ORCID: https://orcid.org/0000-0002-1932-7201 2016. Credit markets and housing choices. Bulletin of Economic Research 68 (S1) , pp. 1-19. 10.1111/boer.12063

Full text not available from this repository.

Abstract

This paper analyses how individual characteristics and credit market conditions interact and determine homeownership. The impact of the lifetime profile of resources on homeownership is larger when credit market imperfections are more severe. We combine data from the Bank of Italy's Survey on Household Income and Wealth with information on regional differences in interest rate spreads. We find that an increase in current resources by 10,000 euros increases the probability of homeownership by five (two) percentage points under the least (most) favourable credit market conditions.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Publisher:	Wiley
ISSN:	0307-3378
Last Modified:	07 Nov 2022 09:38
URI:	https://orca.cardiff.ac.uk/id/eprint/129735

Citation Data

Cited 2 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item