Private Transfers, Borrowing Constraints and the Timing of Homeownership

Luigi Guiso and Tullio Jappelli ()

Journal of Money, Credit and Banking, 2002, vol. 34, issue 2, 315-39

Abstract: The 1991 Italian Survey of Household Income and Wealth contains retrospective information on intergenerational transfers. This information is used to estimate the impact of transfers on the saving time required to purchase a house. It is found that transfers have a small impact on saving time and that after receiving a transfer households purchase considerably larger homes. The results have implications for the debate about the source of the relation between aggregate saving and growth.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (79)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Private Transfers, Borrowing Constraints and the Timing of Homeownership (1999)
Working Paper: Private Transfers, Borrowing Constraints and the Timing of Homeownership (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:34:y:2002:i:2:p:315-39

Access Statistics for this article

Journal of Money, Credit and Banking is currently edited by Robert deYoung, Paul Evans, Pok-Sang Lam and Kenneth D. West

More articles in Journal of Money, Credit and Banking from Blackwell Publishing
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().