Retirement behaviours, housing demand and housing markets : a dynamic analysis.

Summary In this thesis, I use different tools of dynamic analysis to answer questions related to retirement behavior and/or real estate markets. In the first chapter, entitled "Long-Term Care Insurance, Housing Demand, and Decumulation", I study the influence of real estate on LTC insurance demand by comparing a structural model to U.S. data from the Health and Retirement Study (HRS). In the second, entitled "Disability in Retirement, Home Production, and Informal Insurance Between Spouses" I study how informal insurance between spouses affects savings behavior. The model reproduces some of the stylized facts observed in the HRS data and in a related survey: the Consumption and Activities Mail Survey or CAMS. The third chapter, entitled "Sectoral Productivity, Collateral Constraints, and Housing Markets" is a joint work with Hippolyte d'Albis and Eleni Iliopulos. We study the implications of introducing a rental market in a standard model of housing markets with collateral constraints.