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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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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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 |