Working paper library

Housing, Leverage, and Intergenerational Wealth Inequality: A Dynamic General Equilibrium Theory

Simon-Pierre Boucher · UQO Working Papers · October 2026 · v1.0

This paper asks under what conditions inherited wealth, mortgage leverage, nominal debt, housing supply and down-payment constraints generate persistent owner–renter wealth gaps among households with the same labour-income process, and what an unanticipated inflation changes. A three-stage benchmark with two-period…

A Grand Hedonic Model of the Canadian Housing Market

Decomposing the Value of Structure and Location across 142,121 MLS Listings with High-Dimensional Neighbourhood Fixed Effects

Simon-Pierre Boucher · UQO Working Papers · October 2026 · v1.3

This paper estimates a national hedonic price function for the Canadian residential market on a cross-section of 142,121 active MLS listings from nine provinces. A semi-logarithmic specification relates the log list price to structural attributes, dwelling type and ownership form, and 1,155 absorbed neighbourhood…