and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as … earnings risk which occurred after 1980 can easily account for the remaining decline in young home ownership. -- Housing ; home …

Mortgages are prime examples of long-term nominal loans. As a result, under incomplete asset markets, monetary policy …, have larger real effects than transitory shocks. The transmission is stronger under adjustable- than fixed-rate mortgages …

importance. In the second part of the paper we employ a standard model of dynamic optimisation with housing demand and seasonal … housing consumption …

that has received particular attention is the role that the housing Government Sponsored Enterprises (GSEs), Fannie Mae and … Freddie Mac, have played in the development of a secondary market in mortgages. This paper develops and implements a technique … spending on housing should forecast future income. Since credit market imperfections mute this effect, we can view the strength …

house price declines during the recent crisis, they can study the relationship between the U.S. housing crash and the …

leverage from 2002 to 2006 and the increase in defaults from 2006 to 2008. Employing land topology-based housing supply …

specific effects of these characteristics determined by the institutional environment as well as the functioning of the housing …