relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and …

European periphery. This essay will focus on two countries, which were affected particularly severely: Spain and Italy. In … during the early 2000s. In Italy, in contrast, pre-existing problems with the management of high public debt, long …, Italy did not witness a housing boom turning into a bubble and its consequences, a steep correction of housing prices - the …

households indicates that the improvement in the ability of the latter to sustain a mortgage was counterbalanced by a tighter … and the slope of the ‘mortgage affordability curve', the curve that shows the share of eligible households at different … lowered the share of eligible families at high LTVs and mildly increased it at lower LTVs. Moreover, we find that mortgage …

efficiency and the borrower's solvency risk in the Italian market. Specifically, we analyze a residential mortgage portfolio of … owner's probability of default. Findings survive after we account for dwelling, household, mortgage, market control … of the mortgage default probability when the energy efficiency characteristic is included as a risk predictor in the …