Three Essays on the Housing Market and the Macroeconomy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Three Essays on the Housing Market and the Macroeconomy write by Stefanie J. Huber. This book was released on 2017. Three Essays on the Housing Market and the Macroeconomy available in PDF, EPUB and Kindle. This thesis sheds light on certain macroeconomic aspects of the housing market. Chapter 1 explores a novel channel for house price bubble formation: the demand for housing consumption. I argue that the lower the demand for housing consumption, the larger the maximum bubble size, and the larger economies' vulnerability to house price bubbles. In terms of policy implications, I show that a help-to-buy scheme makes the economy more bubble-prone, while rental subsidies are an effective tool to reduce the prevalence of house price bubbles. Using a laboratory experiment, Chapter 2 supports the theoretical and empirical findings of Chapter 1. Chapter 3 investigates whether the persistent cross-country differences in homeownership rates are driven by cultural tastes. Analyzing the homeownership attitudes of second-generation immigrants in the United States leads to robust evidence for this hypothesis.
Three Essays in Macroeconomics
Three Essays in Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Three Essays in Macroeconomics write by Zhiming Fu. This book was released on 2014. Three Essays in Macroeconomics available in PDF, EPUB and Kindle. This dissertation studies three main topics in macroeconomics: the impact of labor market frictions on labor supply and income inequality, the impact of goods market frictions on individuals' optimization decisions, and the housing market in the business cycle.
Housing and Monetary Policy
Housing and Monetary Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Housing and Monetary Policy write by Clara Wolf. This book was released on 2016. Housing and Monetary Policy available in PDF, EPUB and Kindle. This thesis investigates heterogeneous topics since it is related to both housing economics and monetary economics, and uses various tools including theoretical modeling, microeconomic policy evaluation and macroeconomic empirical approach. It is constituted of three chapters. The first one, co-authored with Eric Monnet, is interested in the relationship between demographic changes within countries and housing investment. The second one, co-authored with Guillaume Chapelle and Benjamin Vignolles, assesses the impact of a housing tax credit on several dimensions of the housing market. Finally, the third one studies how monetary policy should react to capital inflows when there are frictions on the financial market.
Essays on the Macroeconomics of Housing Markets
Essays on the Macroeconomics of Housing Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Essays on the Macroeconomics of Housing Markets write by Boaz Abramson. This book was released on 2022. Essays on the Macroeconomics of Housing Markets available in PDF, EPUB and Kindle. This dissertation studies the macroeconomic implications of government policies and house- hold decisions for housing market outcomes. The first chapter, "The Welfare Effects of Eviction and Homelessness Policies", studies the effects of various rental market policies that address evictions and homelessness. I find that "Right-to-Counsel" drives up rents so much that homelessness increases, and welfare is dampened. While lawyers make it harder to evict delinquent tenants, they are unable to prevent evictions because defaults on rent are driven by persistent shocks to income that cannot easily be smoothed across time. In contrast, rental assistance lowers tenants default risk and as a result reduces both homelessness and evictions and increases welfare. the second chapter, "Self-Assessed Financial Literacy in Housing Markets", studies the role of financial knowledge in home- ownership decisions. I show that households who self-assess them- selves to be more financially literate are more likely to own a house and take a more levered position on their house. I find that this is because households with higher levels of self-assessed financial knowledge have access to more accommodating mortgage terms and better risk-return tradeoffs in the housing market.
Three Essays on the Housing Market
Three Essays on the Housing Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Three Essays on the Housing Market write by Fei Ding. This book was released on 2016. Three Essays on the Housing Market available in PDF, EPUB and Kindle.
