Is Housing Wealth An 'ATM'? : The Relationship Between Household Wealth, Home Equity withdrawal, and Saving Rates /

This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization and i...

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Detalles Bibliográficos
Autor principal: Klyuev, Vladimir
Otros Autores: Mills, Paul
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers; Working Paper ; No. 2006/162
Acceso en línea:Full text available on IMF