Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries

In this exploratory paper, we investigate whether there are links between institutional context and the development of markets in home equity conversion that are based on financial instruments facilitating mortgage equity withdrawal (MEW). Using secondary data and literature sources from six countri...

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Main Authors: Haffner, M., Ong, Rachel, Wood, Gavin
Format: Journal Article
Published: Routledge 2015
Online Access:http://hdl.handle.net/20.500.11937/3486
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author Haffner, M.
Ong, Rachel
Wood, Gavin
author_facet Haffner, M.
Ong, Rachel
Wood, Gavin
author_sort Haffner, M.
building Curtin Institutional Repository
collection Online Access
description In this exploratory paper, we investigate whether there are links between institutional context and the development of markets in home equity conversion that are based on financial instruments facilitating mortgage equity withdrawal (MEW). Using secondary data and literature sources from six countries (Australia, UK, USA, Netherlands, Finland and Germany), the paper addresses two research questions. First, to what extent are there differences in the range and use of MEW financial instruments across these six countries? Second, how might the institutional context governing a nation's housing and capital markets support or hinder MEW in these countries? The paper concludes by drawing some implications for debates sparked by housing's changing welfare role as a means of smoothing consumption over the life cycle.
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spelling curtin-20.500.11937-34862017-09-13T14:47:33Z Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries Haffner, M. Ong, Rachel Wood, Gavin In this exploratory paper, we investigate whether there are links between institutional context and the development of markets in home equity conversion that are based on financial instruments facilitating mortgage equity withdrawal (MEW). Using secondary data and literature sources from six countries (Australia, UK, USA, Netherlands, Finland and Germany), the paper addresses two research questions. First, to what extent are there differences in the range and use of MEW financial instruments across these six countries? Second, how might the institutional context governing a nation's housing and capital markets support or hinder MEW in these countries? The paper concludes by drawing some implications for debates sparked by housing's changing welfare role as a means of smoothing consumption over the life cycle. 2015 Journal Article http://hdl.handle.net/20.500.11937/3486 10.1080/14616718.2015.1048091 Routledge restricted
spellingShingle Haffner, M.
Ong, Rachel
Wood, Gavin
Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title_full Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title_fullStr Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title_full_unstemmed Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title_short Mortgage equity withdrawal and institutional settings: An exploratory analysis of six countries
title_sort mortgage equity withdrawal and institutional settings: an exploratory analysis of six countries
url http://hdl.handle.net/20.500.11937/3486