Analyzing an elder's desire for a reverse mortgage using an economic model that considers house bequest motivation, random death time and stochastic house price
Year of publication: |
March 2016
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Authors: | Chiang, Shu Ling ; Tsai, Ming-shann |
Published in: |
International review of economics & finance : IREF. - Amsterdam [u.a.] : Elsevier, ISSN 1059-0560, ZDB-ID 1137476-7. - Vol. 42.2016, p. 202-219
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Subject: | Reverse mortgage | Random death time | House bequest motivation | Participation desire | Stochastic house prices | Decision rule | Immobilienpreis | Real estate price | Erbe | Inheritance | Wohneigentum | Homeownership | Theorie | Theory | Hypothek | Mortgage | Ältere Menschen | Elderly people | Umkehrhypothek | Stochastischer Prozess | Stochastic process |
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