The Effect of Homeownership on Households' Financial Portfolio Choices: Evidence from the Panel Study of Income Dynamics.

Wang, Zuoling.


  • Abstract: This paper aims to explore the impact of homeownership on households' financial portfolio choices. Most current theoretical researchers of household finance find that there is a negative effect of housing on the financial assets. However there is no clear conclusion on empirical research. Some research indicates a positive relationship between housing and holdings of financial assets. ... read more
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