House prices and consumption inequality

I characterize how house price shocks affect consumption inequality using a life-cycle model of housing and non-housing consumption with incomplete markets. I derive analytical expressions for the dynamics of inequalities and use these to analyze large house prices swings seen in the UK. I show that...

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Bibliographic details
Main Author: Etheridge, Ben
Format: Publication
Language: English
Place of publication: London The Institute for Fiscal Studies 2019
Data of publication: 2019
Series: IFS working paper
Online Access: available in Bonn?
Database: ECONIS
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