The Baby Boom, The Baby Bust, and the Housing Market¶
Mankiw, & Weil. (1988). The Baby Boom, The Baby Bust, and the Housing Market.
Cited by¶
1 citation across 1 artifact.
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Domain-specific¶
- Kuznets swing
- The large 1946–1964 birth cohort reached household-formation age roughly a generation later, in the 1970s and early 1980s, and its entry into the housing market drove a pronounced pulse of residential construction and mortgage demand
This sourceThe baby-boom cohort's entry into its house-buying years as the major cause of the 1970s surge in housing demand and real house prices; construction volume and mortgage demand are not what the paper measures.
- The large 1946–1964 birth cohort reached household-formation age roughly a generation later, in the 1970s and early 1980s, and its entry into the housing market drove a pronounced pulse of residential construction and mortgage demand
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