Einar Sommervoll, Dag; Wood, Gavin - In: Journal of Financial Economic Policy 3 (2011) 1, pp. 66-85
Purpose – This paper aims to study to what extent an insurance based on a house price index provides equity protection for homeowners. Design/methodology/approach – The paper uses a novel dataset of all housing market transactions in the metropolitan area of Melbourne 1990‐2006, to...