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...

Полное описание

Библиографические подробности
Главный автор: Klyuev, Vladimir
Другие авторы: Mills, Paul
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2006.
Серии:IMF Working Papers; Working Paper ; No. 2006/162
Online-ссылка:Full text available on IMF