determinants of access to mortgage finance. It also examines whether mortgage holders were more likely to suffer financial distress … compared with non-mortgage holders in the period before the global financial crisis. The analysis does not find any systematic … evidence that mortgage holders are financially more vulnerable than renters or outright owners; in fact, the incidence of …

having a mortgage in Spain. Similarly, the higher the mortgage depth in the country of ancestry, the higher the present value … of the monthly mortgage payments. Our results suggest that social norms regarding mortgage finance in the country of … ancestry matter in determining immigrants' mortgage finance in the host country. More specifically, the effect of social norms …

Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage … households have a mortgage outstanding relative to countries where a sizeable part of the population uses mortgage debt, like the … reference households, and crucially so in countries with less expanded mortgage markets. Thus it appears that households …

-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …

effects of general demand shocks and explore reasons for the differential effects of the shocks …

representative household microdata from 11 Eurozone countries to simulate these policy reforms and to study their effects on the … that not all forms of fiscal integration will improve macroeconomic stability in the Eurozone …