Structural estimation and policy analysis applications in housing and education
The first chapter studies the role of mortgage constraints in life-cycle housing decisions. I argue that observed Loan-to-Value (LTV) ratios contradict the view that large down-payments limit home ownership among young households. I estimate a model of life-cycle housing decisions that includes high...
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| Language: | English |
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University of British Columbia
2013
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| Online Access: | http://hdl.handle.net/2429/44586 |