| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17420 |
| DP17420 Shattered Housing | |
| Yigitcan Karabulut; Larissa Schäfer; Selale Tuzel | |
| 发表日期 | 2022-07-01 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Do negative housing shocks lead to persistent changes in household attitudes toward housing and homeownership? We use the residential destruction of Germany during World War II (WWII) as a quasi-experiment and exploit the reasonably exogenous region-by-cohort variation in destruction exposure. We find that WWII-experiencing cohorts from high destruction regions are significantly less likely to be homeowners decades later, controlling for regional differences and household characteristics. Underlying this effect are changes in household attitudes toward homeownership that also extend to preferences for housing consumption, with little or no support for risk preferences, income and wealth effects, or supply-side factors. |
| 主题 | Financial Economics |
| 关键词 | Housing Homeownership Household finance Experience effects War destruction |
| URL | https://cepr.org/publications/dp17420 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546503 |
| 推荐引用方式 GB/T 7714 | Yigitcan Karabulut,Larissa Schäfer,Selale Tuzel. DP17420 Shattered Housing. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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