Owner-occupied housing and investment in stocks: an empirical test
Article Abstract:
An attempt was made to examine as to how a household's decision to invest in stocks is related to the ratio of house value to net worth. The empirical link between housing investment and stockholding by testing implications of the model of Flavin and Yamashita is analyzed.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Labor income uncertainty, skewness and homeownership: A panel data study for Germany and Spain
Article Abstract:
The effect of labor income uncertainty on the probability of homeownership in Germany and Spain is investigated. In order to carry out this investigation, a more precise income uncertainty measure based on panel data labor income equations is proposed.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Neighborhood externality risk and the homeownership status of properties
Article Abstract:
The owner-occupied housing typically causes a portfolio distortion for single owner-occupiers. This distortion increases with housing investment risk, and in particular, with the corresponding neighborhood externality risk.
Publication Name: Journal of Urban Economics
Subject: Government
ISSN: 0094-1190
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Vertical versus horizontal tax externalities: an empirical test. Fiscal deficits and growth in developing countries
- Abstracts: Owner-occupied housing, capital gains, and the Tax Reform Act of 1986. Property taxation, Nash equilibrium, and market power
- Abstracts: One hundred fifty years of land values in Chicago: a nonparametric approach. Can blacks earn more in the suburbs? Racial differences in intra-metropolitan earnings variation
- Abstracts: Comparison-concave utility and following behavior in social and economic settings. Well-being over time in Britain and the USA
- Abstracts: Commutes, neighborhood effects, and compensating differentials: revisited. Landscape preferences and patterns of residential development