Bussière, Matthieu; Kalantzis, Yannick; Lafarguette, Romain - Volkswirtschaftliche Fakultät, … - 2013
household saving rate, especially among young households. Using a life-cycle model of saving behavior in the presence of … borrowing constraints, we show that the relationship between housing prices and saving exists only under certain conditions and … China), the saving rate of young households may increase with housing prices. This relationship, moreover, is non-linear and …