Narrow search
Showing 1 - 10 of 279
Cover Image
Financialisation of the Maltese household? : household debt dynamics, the mortgage market, and housing in Malta
Cassar, Dylan - 2023
more households partake in mortgage finance in their entry to homeownership, and (ii) financial intensity, in which … the Maltese islands, primarily via the mortgage market. This process is characterised by (i) financial extension, in which … households accumulate more debt in accessing the property market. In explaining this process, I claim, firstly, that mortgage …
Persistent link: https://www.econbiz.de/10014427487
Cover Image
Consumer bankruptcy, mortgage default and labour supply
Li, Wenli; Meghir, Costas; Oswald, Florian - 2022
individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks …
Persistent link: https://www.econbiz.de/10013167646
Cover Image
The impact of the sense of security from crime on residential property values in Brazilian metropolitan areas
Vetter, David M.; Beltrão, Kaizô Iwakami; Massena, … - 2013
Using a hedonic residential rent model for Brazil's metropolitan areas calibrated with microdata from Brazil's annual household survey, this study estimates that increasing the sense of security in the home by one standard deviation would increase average home values by R$1,513 (US$757), or...
Persistent link: https://www.econbiz.de/10010244909
Cover Image
Consumption in the Great Recession : the financial distress channel
Athreya, Kartik B.; Mather, Ryan; Mustre-del-Río, José; … - 2019
During the Great Recession, the collapse of consumption across the U.S. varied greatly but systematically with house-price declines. We find that financial distress among U.S. households amplified the sensitivity of consumption to house-price shocks. We uncover two essential facts: (1) the...
Persistent link: https://www.econbiz.de/10012137091
Cover Image
Crises in the housing market : causes, consequences, and policy lessons
Garriga, Carlos; Hedlund, Aaron - 2019
Persistent link: https://www.econbiz.de/10012138895
Cover Image
Postcode-level reverse mortgages: longevity risks, house price risks, and welfare gain
Lyu, Lingfeng - 2023
Persistent link: https://www.econbiz.de/10014461443
Cover Image
House price rises and borrowing to invest
Crossley, Thomas F.; Levell, Peter; Low, Hamish - 2022
Household borrowing and spending rise with house prices, particularly for leveraged households, but household spending is not consumption. We propose an alternative borrow-to-invest motive by which house price gains affect household spending on residential investment: rational, leveraged...
Persistent link: https://www.econbiz.de/10013172106
Cover Image
Debt relief or debt restructuring? : evidence from an experiment with distressed credit card borrowers
Dobbie, Will; Song, Jae - 2016
Persistent link: https://www.econbiz.de/10011546487
Cover Image
Accounting for changes in the homeownership rate
Chambers, Matthew (contributor); Garriga, Carlos (contributor) - 2007
After three decades of being relatively constant, the homeownership rate increased over the period 1994 to 2005 to … played changes in demographic factors and innovations in the mortgage market which lessened downpayment requirements. To … generation model with housing. We find that the long-run importance of the introduction of new mortgage products for the …
Persistent link: https://www.econbiz.de/10003740842
Cover Image
Long-term care insurance financing using home equity release : evidence from an online experimental survey
Hanewald, Katja; Bateman, Hazel; Fang, Hanming; Ho, Tin Long - 2022
Persistent link: https://www.econbiz.de/10012818739