The housing channel of intergenerational wealth persistence
We use Norwegian tax data and a life-cycle model with housing to study how wealth transmits across generations through the housing market. After controlling for a rich set of attributes, households with richer parents are nearly 15% more likely to be homeowners at age 30. Moreover, when entering, th...
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Veröffentlicht in: | Working paper 2023 |
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Sprache: | eng |
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