Owner-Occupied Housing and the Composition of the Household Portfolio Over the Life-Cycle
收藏数据链接：
官方服务：
资源简介：
This paper studies the impact of the portfolio constraint imposed by the consumption demand for housing (the 'housing constraint') on the household's optimal holdings of financial assets. Since the ratio of housing to net worth declines as the household accumulates wealth, the housing constraint
提供机构：
美国国家经济研究局创建时间：
1998-01-01
