Showing 1 - 10 of 1,128
Historical data suggest that the base rate for a severe, single-day stock market crash is relatively low. Surveys of individual and institutional investors, conducted regularly over a 26-year period in the United States, show that they assess the probability to be much higher. We examine factors...
Persistent link: https://www.econbiz.de/10012936272
During the last quarter century, mortgage interest deductibility has been gradually phased out. In 1974 a ceiling was … set on the size of the mortgage eligible for interest deductibility (oelig;30,000 since 1983) and, beginning in 1993, the …. The penalty variables depend on the predicted probability of having a loan that exceeds the ceiling, the market mortgage …
Persistent link: https://www.econbiz.de/10012762984
This paper presents calculations of the impacts of two levels of mortgage revenue bonds (MRBs) on: (1) yields on home …
Persistent link: https://www.econbiz.de/10012763194
The home mortgage interest deduction creates incentives to buy more housing and to become a homeowner, and the case for …, but the home mortgage interest deduction is a particularly poor instrument for encouraging homeownership since it is …
Persistent link: https://www.econbiz.de/10013227870
We study the relationship between homebuyers' beliefs about future house price changes and their mortgage leverage … choices in the U.S. housing market. Our data combine mortgage financing information and a housing market expectations survey …
Persistent link: https://www.econbiz.de/10012941960
Netherlands is much higher than in, for example, the US …
Persistent link: https://www.econbiz.de/10013123640
This paper employs MIMIC, an applied general equilibrium model of the Dutch economy, to explore various tax cuts aimed at combating unemployment and raising labor supply. MIMIC combines modern labor-market theories, a firm empirical foundation detailed description of Dutch labor-market...
Persistent link: https://www.econbiz.de/10013233002
in total mortgage issuance. Using a nine-country panel and instrumental variables methods, we present evidence that near …-term (one-year) rational expectations of future movements in ARM rates do affect mortgage choice, particularly in more recent …
Persistent link: https://www.econbiz.de/10013048590
questions, we conduct an online experiment (n = 3,610) with participants in the US and UK. Participants are randomly allocated … overestimate the infectiousness of COVID-19 relative to expert opinion. Second, providing people with expert information partially …
Persistent link: https://www.econbiz.de/10012833113
numerical cognition, and test its ability to explain the choice frequencies that we observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012959374