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of macroprudential instruments addressing mortgage credit. The model compares the introduction of a loan-to-value ratio …
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mortgage market in Luxembourg using data on the labour market and government interventions, as well as surveys of consumer … finances (HFCS). Our conclusions are twofold. At the aggregate level, the Luxembourg mortgage market is relatively well placed …
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expansion of U.S. homeownership using an equilibrium model of tenure choice. In the model, home buyers have access to a menu of … mortgage choices to finance the acquisition of a house. The government also provides special programs through provisions of the ….S. economy and is capable of accounting for the boom in homeownership in 1960. The decomposition suggests that government …
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