Publikation: Monographie

Pensions and housing wealth

Grunddaten
Abstract
Autoren
Einrichtung

Grunddaten

Titel	Pensions and housing wealth
Untertitel	quantitative data on market conditions for equity release schemes in the EU
Erscheinungsjahr	2017
Verlag	Universität Rostock
Verlagsort	Rostock
Serie	Thünen-series of applied economic theory ; no. 146
Auflage	Revised version October 2017
Publikationsform	Elektronische Ressource
Publikationsart	Monographie
Sprache	Englisch
Letzte Änderung	21.07.2018 05:03:58
Bearbeitungsstatus	durch UB Rostock abschließend validiert
Dauerhafte URL	http://purl.uni-rostock.de/fodb/pub/57227
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Abstract

Equity release schemes (ERS) may provide pension insurance by liquidating owner-occupied residential property. This paper examines the available data on market conditions for such products in all EU member states to cluster countries. Need for ERS is measured by demographic pressure, risk of poverty for the elderly and pension adequacy. Feasibility of ERS is measured by property and mortgage market indicators. Comparing overall need and feasibility index values we find that market conditions are very heterogonous in EU member states. For instance, while the Netherlands and the UK exhibit favourable ERS conditions, the opposite applies for Germany and Ireland. Hungary and Italy lie in between.

Autoren

Hennecke, Peter
Murro, Pierluigi
Neuberger, Doris
Palmisano, Flaviana

Einrichtung

WSF/IfVWL/Geld und Kredit