The Relation Between Financial and Housing Wealth of Dutch Households

Stefan Hochguertel () and Arthur van Soest ()

Working Papers from Uppsala - Working Paper Series

Abstract: We analyze households' joint investment decisions for financial wealth and homes. We use a bivariate censored regression model with endogenous switching. Fixed costs or transaction costs are captured by an unobserved nonzero censoring threshold. The model allows for spill-over effects of a binding threshold for one asset on the demand for the other asset.

Keywords: HOUSING MARKET; HOUSEHOLD; INVESTMENTS (search for similar items in EconPapers)
JEL-codes: R20 R21 (search for similar items in EconPapers)
Pages: 26 pages
Date: 1998
References: Add references at CitEc
Citations:

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

Related works:
Working Paper: The Relation between Financial and Housing Wealth of Dutch Households (1998)
Working Paper: The Relation Between Financial and Housing Wealth of Dutch Households (1996)
Working Paper: The Relation Between Financial and Housing Wealth of Dutch Households (1996)
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:fth:uppaal:1998:19

Access Statistics for this paper

More papers in Working Papers from Uppsala - Working Paper Series UPPSALA UNIVERSITY, DEPARTMENT OF ECONOMICS, S-751 20 UPPSALA SWEDEN.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().