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This paper studies how mortgage borrowers and house prices react to a tightening of mortgage limits following a policy change in Ireland in 2015. The policy introduced limits to the loan-to-income and loan-to-value ratios of new mortgages issued. In response to a tightening borrowing constraint,...
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This paper studies how demographics affect aggregate labor market power, the urban wage premium and the spatial … groups can explain 4% of the urban wage premium and 2% of the spatial concentration of population, Demographics and skill …
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