Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10011975660
Persistent link: https://www.econbiz.de/10012197438
Persistent link: https://www.econbiz.de/10011912270
Using a novel source of quasi-experimental variation in interest rates, we develop a new approach to estimating the Elasticity of Intertemporal Substitution (EIS). In the UK, the mortgage interest rate features discrete jumps – notches – at thresholds for the loan-to-value (LTV) ratio. These...
Persistent link: https://www.econbiz.de/10012911715
Persistent link: https://www.econbiz.de/10012056918