Housing wealth shocks, home equity withdrawal, and the claiming of social security retirement benefits

Housing wealth shocks, home equity withdrawal, and the claiming of social security retirement benefits

This paper examines the impact of changes in house prices on when eligible individuals start receiving Social Security benefits. If house prices increase, financially constrained households may draw upon the additional home equity to finance expenses and delay receipt of Social Security in order to...

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Bibliographic Details
Main Authors: HUANG, Naqun, JING, Li, ROSS, Amanda
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
Social Security
home equity
housing wealth shock
land supply
elasticity
Economics
Public Economics
Real Estate
Online Access:https://ink.library.smu.edu.sg/soe_research/2543
https://ink.library.smu.edu.sg/context/soe_research/article/3542/viewcontent/SS.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2543
https://ink.library.smu.edu.sg/context/soe_research/article/3542/viewcontent/SS.pdf

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