Simulating trends in housing wealth inequality in post-socialist Czech society
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F21%3A00547107" target="_blank" >RIV/68378025:_____/21:00547107 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/eprint/2JQH2QSJPDVNEXXKJRAU/full?target=10.1080/02673037.2020.1729961" target="_blank" >https://www.tandfonline.com/eprint/2JQH2QSJPDVNEXXKJRAU/full?target=10.1080/02673037.2020.1729961</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/02673037.2020.1729961" target="_blank" >10.1080/02673037.2020.1729961</a>
Alternative languages
Result language
angličtina
Original language name
Simulating trends in housing wealth inequality in post-socialist Czech society
Original language description
The paper predicts, by using microsimulation modelling under alternative market scenarios, housing wealth inequality in Czech society up to the year 2050. These predictions can be useful for assessing the rationale for attempts to use housing assets as a way of supplementing state pensions, and thus add to existing studies on asset-based welfare (ABW) that focused only on the recent and past situation. The models predicted small increase in housing wealth inequality among the future elderly but larger increases in inequality in the society as a whole. Rise in wealth inequality was especially steep when consumption of housing assets by future elderly was accompanied by an interruption of financial transfers to the next generations. Reduction of intergenerational transfers may thus significantly enhance wealth inequality in a society and thus pose a risk to social peace. We showed that similar outcome may appear in broader number of countries, including those with much lower homeownership rate.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA16-06335S" target="_blank" >GA16-06335S: Housing Based Welfare: Risks and Implications of Release of Housing Wealth to Support Retirement Income</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Housing Studies
ISSN
0267-3037
e-ISSN
1466-1810
Volume of the periodical
36
Issue of the periodical within the volume
6
Country of publishing house
GB - UNITED KINGDOM
Number of pages
21
Pages from-to
885-905
UT code for WoS article
000517796500001
EID of the result in the Scopus database
2-s2.0-85112576112