Housing equity and household consumption in retirement: Evidence from the Singapore Life Panel

We utilize data from the Singapore Life Panel© survey to empirically investigate the impact of housing equity on consumption of elderly households. Based on panel analysis, we find housing equity value has no significant impact on non-durable consumption for elderly people. The conclusion holds for...

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Bibliographic Details
Main Authors: CHEN, Lipeng, JIANG, Liang, PHANG, Sock Yong, YU, Jun
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2264
https://ink.library.smu.edu.sg/context/soe_research/article/3263/viewcontent/Draft_16_.pdf
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Institution: Singapore Management University
Language: English