We study the impact of housing characteristics and homeownership on the cognitive and behavioral outcomes of children and young adults. One of our findings is that children living in relatively uncrowded dwellings have better mathematics skills; however, parental homeownership has no effect. In...

This paper links the literatures on the life cycle hypothesis, homeownership, home equity, and pensions. Empirically, the focus is on the E.U. and U.S. It explores the extent that seniors extract their home equity and discusses the financial instruments available for equity extraction. We use...

Objectives: Reverse mortgages allow adults aged 62 and older to borrow against the equity in their homes without incurring monthly loan repayments. This study examines the relationship of reverse mortgage borrowing with older adults' satisfaction with their financial situation, housing, health,...

Households borrow against home equity through different types of mortgages: closed end home equity loans or revolving lines of credit, cash-out refinancing, and—for senior homeowners—reverse mortgages. The objective of this study is to identify how borrowing constraints and the lending...

Housing wealth is a largely untapped resource that can help older adults supplement their incomes and buffer financial shocks in retirement. The federally insured reverse mortgage offers adults age 62 and older access to home equity with no required monthly payment, and protection for homeowners...

Patent citation data are used in a growing body of economics and business research on technological diffusion. Research in this area uses backward citations to measure technological knowledge acquired by the patenting entities studied. Forward citations (citations to the firm's patents made by...

Objectives. This study examines the relationship of debt stress and reverse mortgage borrowing and compares it to stress from standard mortgages and consumer debt. Debt stress is measured as a self-reported response to the amount of debt.Method. Using a unique national data set of 1,026...

Interest in measuring the impact of neighborhood homeownership rates on the residents of a neighborhood and on surrounding neighborhoods is increasing. This topic is part of the growing literature in the social sciences that discusses the theory and measurement of how neighborhoods affect...

We consider the role that seller motivation plays in determining selling time, list price, and sale price. A new survey of home sellers suggests that sellers are heterogeneous in their motivation to sell. Our findings are that a seller who, at the time of listing, has a planned date to move...

We analyze the impact of home owning on the cognitive and behavioral outcomes of children. Our study controls for many social, demographic, and economic variables previously found to influence child outcomes. We also address the issue of possible sample selection bias caused by unobserved...