000	00000nam 2200000zi 4500
001	9.942601
003	CaOODSP
005	20240829112745
006	m     o  d f
007	cr mn|||||||||
008	240829t20242024onca    ob   f000 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
041	0 |aeng|beng|bfre
043	|an-cn---
086	1 |aFB3-5/2024-28E-PDF
100	1 |aAllen, Jason, |eauthor.
245	10|aHousing affordability and parental income support / |cby Jason Allen, Kyra Carmichael, Robert Clark, Shaoteng Li and Nicolas Vincent.
264	1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2024.
264	4|c©2024
300	|a1 online resource (ii, 45 pages) : |billustrations (some colour).
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2024-28
500	|aISSN assigned to different series.
500	|a"Last updated: July 26, 2024."
504	|aIncludes bibliographical references (pages 43-45).
520	3 |a"In many countries, the cost of housing has greatly outpaced income growth, leading to a housing affordability crisis. Leveraging Canadian loan-level data and quasi-experimental variation in payment-to-income constraints, we document an increasing reliance of first-time homebuyers on financial help from their parents, through mortgage co-signing. We show that parental support can effectively relax borrowing constraints—potentially to riskier borrowers"--Abstract, page ii.
546	|aIncludes abstracts in English and French.
650	0|aHouse buying|zCanada|xEconometric models.
650	0|aMortgage loans|zCanada|xEconometric models.
650	0|aMortgage loans|xGovernment policy|zCanada|xEconometric models.
650	6|aHabitations|xAchat|zCanada|xModèles économétriques.
650	6|aPrêts hypothécaires|zCanada|xModèles économétriques.
650	6|aPrêts hypothécaires|xPolitique gouvernementale|zCanada|xModèles économétriques.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff working paper (Bank of Canada)|v2024-28.|w(CaOODSP)9.806221
856	40|qPDF|s668 KB|uhttps://publications.gc.ca/collections/collection_2024/banque-bank-canada/FB3-5-2024-28-eng.pdf