Is housing wealth an "ATM"? [[electronic resource] ] : the relationship between household wealth, home equity withdrawal, and saving rates / / Vladimir Klyuev and Paul Mills |
Autore | Klyuev Vladimir |
Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, Western Hemisphere Dept. and International Capital Markets Dept., c2006 |
Descrizione fisica | 1 online resource (27 p.) |
Altri autori (Persone) | MillsPaul S |
Collana | IMF working paper |
Soggetto topico |
Home equity conversion - United States
Saving and investment - United States |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-7099-3
1-4527-2290-0 1-282-59008-1 9786613822581 1-4519-8492-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. HAVE SAVING RATES REALLY FALLEN?""; ""III. LIKELY IMPACT OF FINANCIAL INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING""; ""IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS COUNTRIES""; ""V. HOW DOES HEW AFFECT HOUSEHOLD SAVING?""; ""VI. ECONOMETRIC ANALYSIS""; ""VII. RECENT EXPERIENCE OF HEW IN AUSTRALIA AND UNITED KINGDOM: IMPLICATIONS FOR UNITED STATES?""; ""VIII. CONCLUSIONS""; ""APPENDIX""; ""I. FINANCIAL LIBERALIZATION AND MORTGAGE PRODUCT INNOVATION""; ""II. DATA ISSUES""; ""References"" |
Record Nr. | UNINA-9910464569503321 |
Klyuev Vladimir
![]() |
||
[Washington, D.C.], : International Monetary Fund, Western Hemisphere Dept. and International Capital Markets Dept., c2006 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Is Housing Wealth An 'ATM'? the Relationship Between Household Wealth, Home Equity withdrawal, and Saving Rates / / Vladimir Klyuev, Paul Mills |
Autore | Klyuev Vladimir |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (27 p.) |
Altri autori (Persone) | MillsPaul |
Collana | IMF Working Papers |
Soggetto topico |
Home equity conversion - United States
Saving and investment - United States Infrastructure Investments: Stocks Macroeconomics Real Estate Industries: Financial Services Macroeconomics: Consumption Saving Wealth Banks Depository Institutions Micro Finance Institutions Mortgages Economic Development: Urban, Rural, Regional, and Transportation Analysis Housing Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Housing Supply and Markets Finance Investment & securities Property & real estate Stocks Consumption Housing prices Financial institutions National accounts Prices Saving and investment Economics |
ISBN |
1-4623-7099-3
1-4527-2290-0 1-282-59008-1 9786613822581 1-4519-8492-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. HAVE SAVING RATES REALLY FALLEN?""; ""III. LIKELY IMPACT OF FINANCIAL INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING""; ""IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS COUNTRIES""; ""V. HOW DOES HEW AFFECT HOUSEHOLD SAVING?""; ""VI. ECONOMETRIC ANALYSIS""; ""VII. RECENT EXPERIENCE OF HEW IN AUSTRALIA AND UNITED KINGDOM: IMPLICATIONS FOR UNITED STATES?""; ""VIII. CONCLUSIONS""; ""APPENDIX""; ""I. FINANCIAL LIBERALIZATION AND MORTGAGE PRODUCT INNOVATION""; ""II. DATA ISSUES""; ""References"" |
Record Nr. | UNINA-9910788518903321 |
Klyuev Vladimir
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Is Housing Wealth An 'ATM'? the Relationship Between Household Wealth, Home Equity withdrawal, and Saving Rates / / Vladimir Klyuev, Paul Mills |
Autore | Klyuev Vladimir |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (27 p.) |
Altri autori (Persone) | MillsPaul |
Collana | IMF Working Papers |
Soggetto topico |
Home equity conversion - United States
Saving and investment - United States Infrastructure Investments: Stocks Macroeconomics Real Estate Industries: Financial Services Macroeconomics: Consumption Saving Wealth Banks Depository Institutions Micro Finance Institutions Mortgages Economic Development: Urban, Rural, Regional, and Transportation Analysis Housing Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Housing Supply and Markets Finance Investment & securities Property & real estate Stocks Consumption Housing prices Financial institutions National accounts Prices Saving and investment Economics |
ISBN |
1-4623-7099-3
1-4527-2290-0 1-282-59008-1 9786613822581 1-4519-8492-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. HAVE SAVING RATES REALLY FALLEN?""; ""III. LIKELY IMPACT OF FINANCIAL INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING""; ""IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS COUNTRIES""; ""V. HOW DOES HEW AFFECT HOUSEHOLD SAVING?""; ""VI. ECONOMETRIC ANALYSIS""; ""VII. RECENT EXPERIENCE OF HEW IN AUSTRALIA AND UNITED KINGDOM: IMPLICATIONS FOR UNITED STATES?""; ""VIII. CONCLUSIONS""; ""APPENDIX""; ""I. FINANCIAL LIBERALIZATION AND MORTGAGE PRODUCT INNOVATION""; ""II. DATA ISSUES""; ""References"" |
Record Nr. | UNINA-9910821244403321 |
Klyuev Vladimir
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
What goes up must come down? : house price dynamics in the United States / / Vladimir Klyuev |
Autore | Klyuev Vladimir |
Pubbl/distr/stampa | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (31 p.) |
Disciplina | 332.6324 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico | Housing - Prices - United States |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-6084-X
1-4527-6017-9 1-4518-7045-0 1-282-84138-6 9786612841385 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Long-Term Trends; III. Short-Run Dynamics; IV. Is The United States Experiencing a Nationwide House Price Bust?; V. Conclusion; References; Figures; 1. Price Indices for Existing Single-Family Homes, 2000Q1=100; 2. Real Home Price and Rent, 2000=100; 3. Actual and Predicted Real Home Prices by Region. Supply-Demand System; 4. Real OFHEO Purchase-Only House Price (Index; 2000=100); 5. Predicted Prices with Different Estimation End Points; 6. Actual and Predicted Real Home Prices by Region. Single Equation
7. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Prices, Rents, and Interest Rates. Estimation with Different End Points8. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Price-to-Rent Ratio and Interest Rates. Estimation with Different End Points; 9. Real Home Price Predicted by a Cointegration Model; 10. Prediced Log Real Home (Cointegration Method) and Contributions; 11. Sales and Inventory for Sale of Existing Single Family Homes; 12. Simulation of Real Home Price Level 13. Simulation of Real Home Price Quarterly Growth -- 14. Year-on-Year Growth Rates of Home Prices -- 15. Quarter-on-Quarter Growth Rates of Home Prices -- 16. Standard Deviation of Home Price Growth Rates Across Divisions -- 17. Diffusion Index for Year-on-Year Home Price Growth Across Census Divisions -- ; 18. Diffusion Index for Quarter-on-Quarter Home Price Growth Across Census Divisions -- Tables; 1. Estimated Supply and Demand System for Real Home Prices -- 2. Estimated Equations for Real Home Prices as a Function of Fundamentals -- 3. Home Price as a Function of Fundamentals with Land-Constraint Dummy -- 4. Cointegrating Relationship Between Real House Prices, Rents, and Interest Rates -- 5. Home Price Appreciation and Price Gap -- 6. Short-Run Determinants of Real Home Price Appreciation -- 7. Evolution of Inventory-to-Sales Ratio |
Record Nr. | UNINA-9910463631903321 |
Klyuev Vladimir
![]() |
||
[Washington, District of Columbia] : , : International Monetary Fund, , 2008 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
What Goes Up Must Come Down? House Price Dynamics in the United States / / Vladimir Klyuev |
Autore | Klyuev Vladimir |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (31 p.) |
Disciplina | 332.6324 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Housing - Prices - United States
Banks and Banking Infrastructure Labor Macroeconomics Real Estate Housing Supply and Markets Price Level Inflation Deflation Economic Development: Urban, Rural, Regional, and Transportation Analysis Housing Interest Rates: Determination, Term Structure, and Effects Unemployment: Models, Duration, Incidence, and Job Search Property & real estate Finance Labour income economics Housing prices Asset prices Real interest rates Unemployment rate Prices Saving and investment Interest rates Unemployment |
ISBN |
1-4623-6084-X
1-4527-6017-9 1-4518-7045-0 1-282-84138-6 9786612841385 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Long-Term Trends; III. Short-Run Dynamics; IV. Is The United States Experiencing a Nationwide House Price Bust?; V. Conclusion; References; Figures; 1. Price Indices for Existing Single-Family Homes, 2000Q1=100; 2. Real Home Price and Rent, 2000=100; 3. Actual and Predicted Real Home Prices by Region. Supply-Demand System; 4. Real OFHEO Purchase-Only House Price (Index; 2000=100); 5. Predicted Prices with Different Estimation End Points; 6. Actual and Predicted Real Home Prices by Region. Single Equation
7. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Prices, Rents, and Interest Rates. Estimation with Different End Points8. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Price-to-Rent Ratio and Interest Rates. Estimation with Different End Points; 9. Real Home Price Predicted by a Cointegration Model; 10. Prediced Log Real Home (Cointegration Method) and Contributions; 11. Sales and Inventory for Sale of Existing Single Family Homes; 12. Simulation of Real Home Price Level 13. Simulation of Real Home Price Quarterly Growth -- 14. Year-on-Year Growth Rates of Home Prices -- 15. Quarter-on-Quarter Growth Rates of Home Prices -- 16. Standard Deviation of Home Price Growth Rates Across Divisions -- 17. Diffusion Index for Year-on-Year Home Price Growth Across Census Divisions -- ; 18. Diffusion Index for Quarter-on-Quarter Home Price Growth Across Census Divisions -- Tables; 1. Estimated Supply and Demand System for Real Home Prices -- 2. Estimated Equations for Real Home Prices as a Function of Fundamentals -- 3. Home Price as a Function of Fundamentals with Land-Constraint Dummy -- 4. Cointegrating Relationship Between Real House Prices, Rents, and Interest Rates -- 5. Home Price Appreciation and Price Gap -- 6. Short-Run Determinants of Real Home Price Appreciation -- 7. Evolution of Inventory-to-Sales Ratio |
Record Nr. | UNINA-9910788232103321 |
Klyuev Vladimir
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
What Goes Up Must Come Down? House Price Dynamics in the United States / / Vladimir Klyuev |
Autore | Klyuev Vladimir |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (31 p.) |
Disciplina | 332.6324 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Housing - Prices - United States
Banks and Banking Infrastructure Labor Macroeconomics Real Estate Housing Supply and Markets Price Level Inflation Deflation Economic Development: Urban, Rural, Regional, and Transportation Analysis Housing Interest Rates: Determination, Term Structure, and Effects Unemployment: Models, Duration, Incidence, and Job Search Property & real estate Finance Labour income economics Housing prices Asset prices Real interest rates Unemployment rate Prices Saving and investment Interest rates Unemployment |
ISBN |
1-4623-6084-X
1-4527-6017-9 1-4518-7045-0 1-282-84138-6 9786612841385 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Long-Term Trends; III. Short-Run Dynamics; IV. Is The United States Experiencing a Nationwide House Price Bust?; V. Conclusion; References; Figures; 1. Price Indices for Existing Single-Family Homes, 2000Q1=100; 2. Real Home Price and Rent, 2000=100; 3. Actual and Predicted Real Home Prices by Region. Supply-Demand System; 4. Real OFHEO Purchase-Only House Price (Index; 2000=100); 5. Predicted Prices with Different Estimation End Points; 6. Actual and Predicted Real Home Prices by Region. Single Equation
7. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Prices, Rents, and Interest Rates. Estimation with Different End Points8. Real Home Prices - Actual and Estimated in a Cointegrating Relationship Between Home Price-to-Rent Ratio and Interest Rates. Estimation with Different End Points; 9. Real Home Price Predicted by a Cointegration Model; 10. Prediced Log Real Home (Cointegration Method) and Contributions; 11. Sales and Inventory for Sale of Existing Single Family Homes; 12. Simulation of Real Home Price Level 13. Simulation of Real Home Price Quarterly Growth -- 14. Year-on-Year Growth Rates of Home Prices -- 15. Quarter-on-Quarter Growth Rates of Home Prices -- 16. Standard Deviation of Home Price Growth Rates Across Divisions -- 17. Diffusion Index for Year-on-Year Home Price Growth Across Census Divisions -- ; 18. Diffusion Index for Quarter-on-Quarter Home Price Growth Across Census Divisions -- Tables; 1. Estimated Supply and Demand System for Real Home Prices -- 2. Estimated Equations for Real Home Prices as a Function of Fundamentals -- 3. Home Price as a Function of Fundamentals with Land-Constraint Dummy -- 4. Cointegrating Relationship Between Real House Prices, Rents, and Interest Rates -- 5. Home Price Appreciation and Price Gap -- 6. Short-Run Determinants of Real Home Price Appreciation -- 7. Evolution of Inventory-to-Sales Ratio |
Record Nr. | UNINA-9910817530203321 |
Klyuev Vladimir
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|