English  |  正體中文  |  简体中文  |  Items with full text/Total items : 87250/116203 (75%)
Visitors : 23279246      Online Users : 438
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/37744


    Title: Life Cycle Mortgage Payment and Forced Saving
    Authors: 林祖嘉
    Lin,Chu-Chia;Chen,Chien-Liang;Lin,Sue-Jing
    Contributors: 政大經濟系
    政大經濟系
    Keywords: Life Cycle;Mortgage Payment;Forced Savings
    Date: 2000-06
    Issue Date: 2009-10-09 21:24:27 (UTC+8)
    Abstract: A common puzzling phenomenon over the household survey of Taiwan is
    that the renters' saving rate is higher than that of the owners', while the latter
    has a higher average income than the former. One reason for this feature is
    that certain housing owners have to pay a greater amount of mortgage
    payment that is not included in saving. And on the other hand, the saving
    decision is correlated with the tenure decision, while the tenure decision is
    also correlated with the household's life cycle, in addition to income. And
    therefore, when one tries to estimate the correct saving rate, he or she has
    to consider the household's life cycle as well.
    In this study, we apply a data set of the household survey of Taiwan to
    investigate the correlation of life cycle, mortgage payment, and forced
    savings. First of all, we estimate the saving rate in a traditional way, and
    then estimate the saving rate after the adjustment of mortgage payment. To
    figure out the correct saving rate with the tenure decision, we evaluate
    different households' saving behaviors according to different cohorts, and
    consequently, we could check how life cycle plays its role in this model. And
    our finding is, that for every cohort, the forced savings is significant for
    owners with mortgage and for renters as well.
    Relation: International Real Estate Review,3(1),151-182
    Data Type: article
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    109141.pdf142KbAdobe PDF1179View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback