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Wealth differences across borders and the effect of real estate price dynamics: evidence from two household surveys

Thomas Mathä (), Michael Ziegelmeyer () and Alessandro Porpiglia

No 1672, Working Paper Series from European Central Bank

Abstract: Crossing borders, be it international or regional, often go together with price, wage or indeed wealth discontinuities. This paper identifies substantial wealth differences between Luxembourg resident households and cross-border commuter households despite their similar incomes. The average (median) net wealth difference is estimated to be JEL Classification: D31, J61, F22, R23, R31

Keywords: cross-border commuting; household survey; real estate price dynamics; wealth (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-ure
Date: 2014-05
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Related works:
Journal Article: Wealth differences across borders and the effect of real estate price dynamics: Evidence from two household surveys (2018) Downloads
Working Paper: Wealth differences across borders and the effect of real estate price dynamics: Evidence from two household surveys (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20141672

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