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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Detaylı Bibliyografya
Yazar: Klyuev, Vladimir
Diğer Yazarlar: Mills, Paul
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2006.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2006/162
Online Erişim:Full text available on IMF