The interaction between housing wealth, the financial portfolio of the consumer and consumption is a live issue. Life cycle models with closed form solutions under uncertainty are hard to find. In this paper we find analytical solutions for the effects of house price uncertainty and employment...

With the ageing of the European population, the housing choices of the elderly will have consequences on the whole housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyse the residential mobility decisions of...

We use recently collected retrospective survey data to estimate the displacement effect of pension wealth on household savings. The third wave of the Survey of Health, Ageing and Retirement in Europe, SHARELIFE, collects information on the entire job history of the respondent, a feature missing...

We consider the interaction between the risk of unemployment, random house prices, consumption and savings. A critical decision is that of refinancing house purchase, up to 100% mortgages are possible. There is also a fixed transaction cost of refinancing. In a CARA framework we derive the value...

This chapter provides a narrative review of the literature relating socioeconomic circumstances early in life to mental health and well-being later in life. It starts by highlighting the various contributions focusing on associations, then moves on to the literature attempting to identify causal...

Major health shocks can have far-reaching consequences on the welfare of an individual's support and emotional network. This paper investigates both long-term and short-term spillovers of a major non-communicable health shock, namely a cancer diagnosis (CD), on the health and well- being of an...