주택 소유와 부채 보유의 연령 및 세대효과

초록

This paper analyzes age effects and generation-specific cohort effects regarding house ownership and debt attitudes in Korea. Using the KLIPS panel data for 2008-2018, we compared the pre-baby boomers, baby boomers, generation-X, and echo boomers. The results show that there are no generation-specific cohort effects for house ownership itself. However, as for the probability of having multiple houses, echo boomers show significantly negative effects even after controlling for age, income, and the family size, etc. In case of debt attitudes, the probability of having any debt shows no difference across generations, but the amount of debt has a significant generation-specific effect: echo boomers tend to have more debt while they tend to have less houses.