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- W3124598595 abstract "This paper develops and estimates a dynamic model of discrete choice for labor supply, fertility and transition from tenant to home-owner,to investigate the secular decline in home ownership over the past several decades,wholly attributable to households postponing the purchase of their first home. House prices only partly explain the decline; higher base level wages led to lower fertility also contributing to the decline,because households with children are more likely to own a home than those without.Somewhat surprisingly we find higher levels of female education ameliorated this trend,highly educated women placing greater value on homeownership." @default.
- W3124598595 created "2021-02-01" @default.
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- W3124598595 date "2019-07-03" @default.
- W3124598595 modified "2023-09-27" @default.
- W3124598595 title "American Dream Delayed: Shifting Determinants of Homeownership" @default.
- W3124598595 hasPublicationYear "2019" @default.
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