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Supersedes Working Paper 13-27. Reverse mortgage loans (RMLs) allow older homeowners to borrow against housing wealth …
Persistent link: https://www.econbiz.de/10010930296
This paper incorporates home production into a dynamic general equilibrium model of overlapping generations with endogenous retirement to study Social Security reforms. As such, the model differentiates both consumption goods and labor effort according to their respective roles in home...
Persistent link: https://www.econbiz.de/10010551329
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, presented at the University of Rochester, William E. Simon Graduate School of Business Administration , Economic Outlook Seminar, Hyatt Regency Rochester, November 27, 2007
Persistent link: https://www.econbiz.de/10010727128
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, European Economics and Financial Centre, Distinguished Speakers Series, July 11, 2007.
Persistent link: https://www.econbiz.de/10010727137
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, to the Greater Philadelphia Chamber of Commerce, February 7, 2007
Persistent link: https://www.econbiz.de/10010727142
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, William E. Simon Graduate School of Business, University of Rochester, 30th Annual Economic Outlook Seminar, December 2, 2008
Persistent link: https://www.econbiz.de/10010727151
This paper is superseded by WP 15-15 <p>The authors construct a quantitative equilibrium model of the housing market in … which an unanticipated increase in the supply of housing triggers default mortgages via its effect on house prices. The … decline in house prices creates an incentive to increase the consumption of housing space, but leverage makes it costly for …
Persistent link: https://www.econbiz.de/10008627173
Reverse mortgage loans (RMLs) allow older homeowners to borrow against housing wealth without moving. In spite of …
Persistent link: https://www.econbiz.de/10010667570
This paper presents the results of a Philadelphia Fed study that analyzes whether the community development efforts of a nonprofit in Camden, NJ, have an effect on local neighborhoods.
Persistent link: https://www.econbiz.de/10004967518
Persistent link: https://www.econbiz.de/10005387502