Is Housing Wealth an "ATM"?: International Trends

The Blackwell Companion to the Economics of Housing: The Housing Wealth of Nations

Volumn , Issue , 2010, Pages 58-81

  Klyuev, Vladimir ^a,b   Mills, Paul ^b,c  

^a HARVARD UNIVERSITY   (United States)

^b INTERNATIONAL MONETARY FUND   (United States)

^c UNIVERSITY OF CAMBRIDGE   (United Kingdom)

Author keywords

Comparing US experience with Australia, Canada, and the UK; Econometric model reasons for decline in household saving rate and HEW role; HEW in Australia and UK implications for the USA; Home equity withdrawal (HEW); Household saving rate ratio of household net saving to personal disposable income; Household saving rates national definitions; Housing wealth "ATM" International trends; Impact of financial innovation and liberalization on home equity withdrawal and saving; Technical concerns related to asset price inflation; Whether in era of cheap credit and rising home prices reality matching such a perception

Indexed keywords

EID: 84880355852     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1002/9781444317978.ch3     Document Type: Chapter

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