relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

debt. It estimates a random effects probit model for the probability of households having mortgage payment problems. It is … ratios and having a heavy burden of unsecured debt are all associated with a significantly higher probability of mortgage … lower probability of mortgage payment problems. The only non-household-specific variable to have a significant effect is …

I develop a structural model of mortgage demand and lender competition to study how leverage regulation affects the … equilibrium in the UK mortgage market. Using variation in risk-weighted capital requirements across lenders and across mortgages … increases the interest rate by 10 percent for the average mortgage product. The estimated model implies that heterogeneous …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

mortgage and unsecured credit markets to assess the impact of this reform on the severity of the housing crisis during the … Great Recession. We find that while this reform increased the relative attractiveness of mortgage default, its impact on the … housing market during the crisis was largely mitigated by general equilibrium effects on mortgage lending standards. Allowing …