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Details van artikel 8 van 10 gevonden artikelen
| Titel: |
Portfolio choice and housing demand in Sweden |
| Auteur: |
Englund, Peter Westin, Ann-Margret |
| Verschenen in: |
Housing, theory and society |
| Paginering: | Jaargang 7 (1990) nr. 1 pagina's 17-32 |
| Jaar: |
1990 |
| Inhoud: |
We use cross-section data from the 1984 HUS database to study the portfolio composition of Swedish households with special emphasis on housing. One issue is the effect of taxes. In contrast with some earlier studies we find marginal taxes of little significance in explaining portfolio patterns. Another issue is wealth effects, where our records indicate that the number of assets held increases with wealth. When looking at portfolio composition given the number of assets we see that the share of net wealth held in most assets and liabilities are decreasing functions of net wealth, i.e. the leverage is typically lower for wealthier households. A third issue is the impact of current labour income. This variable does not exert a significant effect on any asset holdings, but significantly increases the probability of holding debt. This may reflect that current income acts as a signal of future income. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 8 van 10 gevonden artikelen
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