Simulating trends in housing wealth inequality in post-socialist Czech society

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Simulating trends in housing wealth inequality in post-socialist Czech society

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Simulating trends in housing wealth inequality in post-socialist Czech society

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GA16-06335S" target="_blank" >GA16-06335S: Rizika a důsledky využití investic domácností do bydlení pro zvýšení příjmů v důchodovém věku</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Housing Studies

ISSN

0267-3037

e-ISSN

1466-1810

Svazek periodika

36

Číslo periodika v rámci svazku

6

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

21

Strana od-do

885-905

Kód UT WoS článku

000517796500001

EID výsledku v databázi Scopus

2-s2.0-85112576112