Late starters or excluded generations? A cohort analysis of catch up in homeownership in England

Arbeitspapier

We investigate whether initial differences in speed of entry into homeownership lead to longlasting differences in ownership between generations. Our data span nearly forty years and multiple cycles of England's very volatile house prices. We document that ownership rates at thirty have differed substantially, with a significant negative association with prices. To assess the persistence of these differences we use synthetic cohort methods. Measurement error problems - attenuation and other biases - complicate the analysis. Two methods of dealing with this both indicate that cohorts with low ownership rates at thirty close about 80% of the ownership gap by forty.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 1215

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand ; Housing Supply and Markets
• Thema: homeownership ; synthetic cohort data ; measurement error ; Wohneigentum ; Kohortenanalyse ; Statistischer Fehler ; Schätzung ; England

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Bottazzi, Renata ; Crossley, Thomas F. ; Wakefield, Matthew
• Ereignis: Veröffentlichung
• (wer): Koç University-TÜSİAD Economic Research Forum (ERF)
• (wo): Istanbul
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/108599
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ