housing markets , homeownership , mortgage default , natural disasters , bankruptcy , government aid , fertility , housing policy
Abstract:
This dissertation contains three chapters that study households' economic decisions at the intersection of macroeconomics, household finance, and family economics. My research examines how policy can address pressing societal challenges by focusing on the role of housing markets. In the first two chapters, I examine how homeowners are affected by natural disasters and how governments can support those homeowners. In the third chapter, joint work with Ursula Berresheim, I study how policy can increase fertility by targeting the limited downsizing of elderly homeowners, which reduces the housing supply available to prospective parents and might constrain their fertility decisions. The unifying theme of this dissertation is how housing markets shape macroeconomic outcomes and household behavior.
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