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Is housing wealth an "ATM"? : the relationship between household wealth, home equity withdrawal, and saving rates /

This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization and i...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Klyuev, Vladimir (Autor), Mills, Paul S. (Autor)
Autores Corporativos: International Monetary Fund. International Capital Markets Department, International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Western Hemisphere Dept. and International Capital Markets Dept., ©2006.
Colección:IMF working paper ; WP/06/162.
Temas:
Acceso en línea:Texto completo