Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete-continuous choice between renting and owning a house, whose sale is subject to transaction...

Using a monthly panel dataset of individuals' debt, we show that house price changes can explain a significant fraction of personal debt composition dynamics. We exploit the variation in local house price growth as shocks to homeowners' housing wealth to study the consequential adjustment of...

This report describes patterns of co-residence of young adults at a parental home in the United Kingdom. We show how the rate of co-residence varies across dimensions such as income, region and ethnicity. We show how it has changed in recent years and discuss potential drivers of the rise...

Refugees require assistance for basic needs like housing but local host communities may feel excluded from that assistance, potentially affecting community relations. This study experimentally evaluates the effect of a housing assistance program for Syrian refugees in Jordan on both the...

Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete–continuous choice between renting and owning a house, whose sale is subject to...

Teleworking has been widely adopted in France since the Covid-19 crisis. This study traces its evolution from 2019 to late 2024, using worker and employer surveys, firm agreements, and administrative sources. After peaking during lockdowns, telework stabilized at 23% of the private workforce,...

In this article I expand contemporary political‐economic analyses of housing affordability. Specifically, I engage with urban geography research around biopolitical logics within processes of housing financialization and contribute to debates of ‘making live’ and ‘letting die’ by...

Using longitudinal, nationally representative data from Australia, this study uncovers a previously undocumented pattern: in over half of cases where one household member reports weather-related home damage, their co-resident does not. This high rate of intra-household inconsistency is striking,...

In the context of climate change and the well-established links between personality traits and life outcomes, this paper presents a novel investigation into the causal effects of natural disaster-induced housing damage on the Big Five personality traits. Using a time-varying, plausibly exogenous...

This paper investigates the role of mortgage refinancing in shaping the estimates of marginal propensity to consume (MPC) and its implications for fiscal policy. Using U.S. household data, we find that MPCs decrease during the year of mortgage refinancing and stabilize afterwards, particularly...

Homeownership rates and holdings of housing wealth differ immensely across countries. Using micro data from five economies, we estimate a life-cycle model with illiquid housing in which households face a discrete-continuous choice between renting and owning a house. We use the model to decompose...

The objective of this research synthesis is to collect and summarize the research literature on Ukrainian refugees in Switzerland. This is done through a systematic review, mostly in the form of a narrative review and with statistical indicators that are synthesized. There is a wide range of...

Homeownership rates and holdings of housing wealth differ immensely across countries. Using micro data from five economies, we estimate a life-cycle model with illiquid housing in which households face a discrete-continuous choice between renting and owning a house. We use the model to decompose...

This report describes patterns of co-residence of young adults at a parental home in the United Kingdom. We show how the rate of co-residence varies across dimensions such as income, region and ethnicity. We show how it has changed in recent years and discuss potential drivers of the rise...

Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete-continuous choice between renting and owning a house, whose sale is subject to transaction...

Refugees require assistance for basic needs like housing but local host communities may feel excluded from that assistance, potentially affecting community relations. This study experimentally evaluates the effect of a housing assistance program for Syrian refugees in Jordan on both the...

Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete–continuous choice between renting and owning a house, whose sale is subject to...

Teleworking has been widely adopted in France since the Covid-19 crisis. This study traces its evolution from 2019 to late 2024, using worker and employer surveys, firm agreements, and administrative sources. After peaking during lockdowns, telework stabilized at 23% of the private workforce,...

This paper examines the impact of mortgage market structures on shaping economic responses to the unprecedented interest rate and inflation dynamics of 2021-2024. We first empirically document that economies with a larger share of variable-rate mortgages exhibit stronger responses in house...

This paper investigates the role of mortgage refinancing in shaping the estimates of marginal propensity to consume (MPC) and its implications for fiscal policy. Using U.S. household data, we find that MPCs decrease during the year of mortgage refinancing and stabilize afterwards, particularly...

In the context of climate change and the well-established links between personality traits and life outcomes, this paper presents a novel investigation into the causal effects of natural disaster-induced housing damage on the Big Five personality traits. Using a time-varying, plausibly exogenous...

Housing and mortgage choices are among the largest financial decisions households make and they substantially impact households' liquidity. This paper explores how monetary policy affects aggregate demand by influencing these portfolio choices. To quantify this channel, I build a...

Using longitudinal, nationally representative data from Australia, this study uncovers a previously undocumented pattern: in over half of cases where one household member reports weather-related home damage, their co-resident does not. This high rate of intra-household inconsistency is striking,...

This paper explores how policies that allow lenders to pursue borrowers for remaining debt after mortgage foreclosure (mortgage recourse) influence key aspects of the housing market and the broader macroeconomy. To this end, I develop a dynamic stochastic general equilibrium (DSGE) model...

Using a monthly panel dataset of individuals' debt, we show that house price changes can explain a significant fraction of personal debt composition dynamics. We exploit the variation in local house price growth as shocks to homeowners' housing wealth to study the consequential adjustment of...

Housing is a critical part of every state's infrastructure. However, in most advanced economies the state no longer builds very much of it, leaving it instead to private housebuilders. Because of their control over the supply of land, and the barriers to entry into the housebuilding industry,...

This paper explores how policies that allow lenders to pursue borrowers for remaining debt after mortgage foreclosure (mortgage recourse) influence key aspects of the housing market and the broader macroeconomy. To this end, I develop a dynamic stochastic general equilibrium (DSGE) model...