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X-WR-CALNAME;VALUE=TEXT:TSE
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TZID:Europe/Paris
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DTSTART:20231029T030000
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UID:calendar.132506.field_date.0@www.tse-fr.eu
DTSTAMP:20260817T205256Z
CREATED:20230907T101001Z
DESCRIPTION:Larissa Schaefer\, “Shattered Housing”\, Finance Seminar\, TSE 
 - TSM-R\, Toulouse\, November 10\, 2023\, 14:00–15:15\, room Auditorium 4.
 \n\nDo negative housing shocks lead to persistent changes in household att
 itudes toward housing and homeownership? We use the residential destructio
 n of Germany during World War II (WWII) as a quasi-experiment and exploit 
 the reasonably exogenous region-by-cohort variation in destruction exposur
 e. We find that WWII-experiencing cohorts from high destruction regions ar
 e significantly less likely to be homeowners decades later\, controlling f
 or regional differences and household characteristics. Underlying this eff
 ect are changes in household attitudes towards homeownership that also ext
 end to preferences for housing consumption\, with little or no support for
  risk preferences\, income and wealth effects\, or supply-side factors.
DTSTART;TZID=Europe/Paris:20231110T140000
DTEND;TZID=Europe/Paris:20231110T151500
LAST-MODIFIED:20260723T001001Z
LOCATION:Toulouse\, November 10\, 2023\, 14:00–15:15\, room Auditorium 4
SUMMARY:Finance Seminar\, TSE - TSM-R
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2023-shattered-housing
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