Targeted saving by renters for housing purchase in Japan

Journal of Urban Economics

Volumn 53, Issue 3, 2003, Pages 494-509

  Moriizumi, Yoko ^a  

^a KANAGAWA UNIVERSITY   (Japan)

Author keywords

Distortion; Housing purchase; Simultaneity; Targeted saving

Indexed keywords

EID: 0038008806     PISSN: 00941190     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0094-1190(03)00010-X     Document Type: Article

References (27)

1. T. Amemiya, The estimation of a simultaneous equation tobit model, International Economic Review 20 (1979) 169-181.
2. R. Artle, P. Varaiya, Life cycle consumption and homeownership, Journal of Economic Theory 18 (1978) 38-58.
3. T. Boehm, Income, wealth accumulation, and first-time homeownership: An intertemporal analysis, Journal of Housing Economics 3 (1993) 16-30.
4. J. Brueckner, The downpayment constraint and housing tenure choice, Regional Science and Urban Economics 16 (1986) 519-525.
5. E. Deutsch, W. Schoepp, Homeownership access, saving period and credit constraints, Paper presented at the American Real Estate and Urban Economics Association Conference in Mystic, CT, 1993.
6. E. Deutsch, Indicators of housing finance intergenerational wealth transfers, Real Estate Economics 25 (1997) 129-172.
7. J.V. Duca, S.S. Rosenthal, Borrowing constraints and access to owner-occupied housing, Regional Science and Urban Economics 24 (1994) 301-322.
8. G.V. Engelhardt, House prices and the decision to save for down payment, Journal of Urban Economics 36 (1994) 209-237.
9. G.V. Engelhardt, Consumption, down payments, and liquidity constraints, Journal of Money, Credit, and Banking 28 (1996) 255-271.
10. G.V. Engelhardt, C.J. Mayer, Intergenerational transfers, borrowing constraints, and saving behavior: Evidence from the housing market, Journal of Urban Economics 44 (1998) 135-157.
11. A.C. Goodman, M. Kawai, Permanent income, hedonic prices, and demand for housing: New evidence, Journal of Urban Economics 12 (1982) 214-237.
12. D. Haurin, P. Hendershott, S. Wachter, Expected home ownership and real wealth accumulation of youth, NBER Working Paper 5629, 1996.
13. D. Haurin, P. Hendershott, S. Wachter, Wealth accumulation and housing choices of young households: An exploratory investigation, Journal of Housing Research 7 (1996) 33-57.
14. F. Hayashi, The effect of liquidity constraints on consumption: A cross-section analysis, Quarterly Journal of Economics 100 (1985) 183-206.
15. F. Hayashi, T. Ito, J. Slemrod, Housing finance imperfections, taxation, and private saving: A comparative simulation analysis of the United States and Japan, Journal of the Japanese and International Economy 2 (1988) 215-238.
16. C.Y. Horioka, Tenure choice and demand for housing in Japan, Journal of Urban Economics 24 (1988) 289-309.
17. C.Y. Horioka, Saving for housing purchase in Japan, Journal of the Japanese and International Economy 2 (1988) 351-384.
18. C.Y. Horioka, Why do people save? A micro-analysis of motives for household saving in Japan, Economic Journal 107 (1997) 537-552.
19. L.D. Jones, Current wealth and tenure choice, American Real Estate and Urban Economics Association Journal 17 (1989) 17-40.
20. L.D. Jones, Testing the central prediction of housing tenure transition models, Journal of Urban Economics 38 (1995) 50-73.
21. G.S. Maddala, Limited-Dependent and Qualitative Variables in Econometrics, Cambridge Univ. Press, Cambridge, 1983.
22. A. Maki, Liquidity constraints: A cross-section analysis of the housing purchase behavior of Japanese households, Review of Economics and Statistics 75 (1993) 429-437.
23. Y. Moriizumi, Current wealth, housing purchase and private housing loan demand in Japan, Journal of Real Estate Finance and Economics 21 (2000) 65-86.
24. F. Nelson, L. Olson, Specification and estimation of a simultaneous equation model with limited dependent variables, International Economic Review 19 (1978) 695-709.
25. S.E. Plaut, The timing of housing tenure transition, Journal of Urban Economics 21 (1987) 312-322.
26. L. Sheiner, Housing prices and the saving of renters, Journal of Urban Economics 38 (1995) 94-125.
27. H. Yoshikawa, F. Ohtake, An analysis of female labor supply, housing demand and the saving rate in Japan, European Economic Review 33 (1989) 997-1023.