Housing and Debt Over the Life Cycle and Over the Business Cycle

By Matteo Iacoviello, M. Pavan. 2011

271 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/485543c23b3e57b0e2411ade9421d890f216913a

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Citations in the corpus

A Dynamic Model of Housing Demand: Estimation and Policy Implications (2010, background): “…Flavin and Yamashita (2002), FernandezVillaverde and Krueger (2011), Yao and Zhang (2005), Hintermaier and Koeniger (2011), Kiyotaki et al. (2008), Iacoviello and Pavan (2011), and Diaz and Luengo-Prado (2008, 2010) use a similar life-cycle model to study the impact of the presence of housing on…”
Implications of US Tax Policy for House Prices, Rents, and Homeownership (2018, methodology): “Iacoviello and Pavan (2013) argue that 20 percent is likely to be a lower bound.”
On the macroeconomic determinants of the housing market in Greece: a VECM approach (2016, background): “Jud and Winkler (2002) and Painter and Redfearn (2002) argue that the influence of houses prices on interest rates is of minor importance while others that the interest rate is one of the most crucial macroeconomic factors of housing (Tsatsaronis and Zhu, 2004; Assenmacher-Wesche and Gerlach, 2008; ”
Housing, Finance and the Macroeconomy (2014, unknown): “Iacoviello and Pavan (2013) study the business cycle properties of a life-cycle model with housing where agents differ in their discount factor and preference for renting.”
Consumption Dynamics During Recessions (2014, methodology): “These households are similar to the wealthy hand-to-mouth households emphasized in Kaplan and Violante [2011]. While households may have a large amount of total wealth, households rationally choose to avoid paying xed costs associated with using illiquid wealth to smooth non-durable consumption.”
HOUSING DYNAMICS OVER THE BUSINESS CYCLE (2016, background): “Second, these models usually do not include nonresidential capital (one of the few exceptions is Iacoviello and Pavan, 2013).”
CONSUMPTION AND SAVING OVER THE LIFE CYCLE: HOW IMPORTANT ARE CONSUMER DURABLES? (2011, background): “Other relevant papers include Martin (2003), Ortalo-Magne and Rady (2006), Li and Yao (2007), Diaz and Luengo-Prado (2008), Kiyotaki et al. (2008), and Iacoviello and Pavan (2009).”