data from the Household Finance and Consumption Survey (HFCS), to identify pockets of risk in the Belgian mortgage market …' mortgage debt by (liquid) financial assets. It identifies the share of outstanding mortgage debt that is possibly at risk, and …) unequally distributed, and that therefore this wealth covers their outstanding mortgage debt only to a limited extent. As a …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, searchtheoretic model of housing with equilibrium mortgage default. To explain these dynamics, the model …

We study the role of monetary policy for the dynamics of U.S. mortgage debt, which is the largest component of … household indebtedness. A timevarying parameter VAR model allows us to study the variation in the mortgage debt sensitivity to … quantitatively similar to the VAR results. A sacrifice ratio for mortgage debt reveals that a policy tightening directed towards …