Homeownership as a Constraint on Asset Allocation

Stephen Cauley and Andrey Pavlov

No 645, Econometric Society 2004 North American Winter Meetings from Econometric Society

Abstract: While home ownership provides a great deal of personal and social benefits, it poses a substantial constraint on individuals' asset allocation.

Keywords: housing; portfolio choice (search for similar items in EconPapers)
JEL-codes: G0 (search for similar items in EconPapers)
Date: 2004-08-11
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:ecm:nawm04:645

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