Duca, John V.; Kumar, Anil - In: Journal of Urban Economics 80 (2014) C, pp. 62-75
Mortgage equity withdrawals (MEW) are correlated with covariates consistent with a permanent income framework augmented for credit-constraints. We assess linkages between MEW and financial literacy/education using the Health and Retirement Study (HRS) and Panel Study of Income Dynamics (PSID)....
