Is Housing Wealth An 'ATM'? : The Relationship Between Household Wealth, Home Equity withdrawal, and Saving Rates /

This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization and i...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Klyuev, Vladimir
مؤلفون آخرون: Mills, Paul
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/162
الوصول للمادة أونلاين:Full text available on IMF