Please use this identifier to cite or link to this item: 192.168.6.56/handle/123456789/105490
Title: ACCOUNTING FOR LIFE-CYCLEWEALTH ACCUMULATION: THEROLE OF HOUSING INSTITUTION
Authors: SANG-WOOK (STANLEY) CHO
Keywords: Life-Cycle Model, Consumption, Wealth, Homeownership, HousingInstitution
Issue Date: 2011
Publisher: Cambridge University Press
Description: This paper constructs a quantitative general equilibrium life-cycle model with un-insurable labor income to account for the differences in wealth accumulation and home ownership between Korea and the United States. The model incorporates different structures in the housing market in the two countries, namely, the mortgage market and the rental arrangements.
URI: http://196.189.45.87:8080/handle/123456789/105490
Appears in Collections:Accounting and Finance

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