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Using Danish household level data, we find that a relatively large share of total interest-only mortgage debt is held …
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that mortgage lending boosted by expansionary monetary policy is driving up house prices. But theory suggests the value of … incomes and financial assets play a larger role. Policy experiments suggest that a gradual phasing out of mortgage interest …
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Mortgages constitute the largest part of household debt. An essential choice when taking out a mortgage is between …-country study has analyzed what determines household demand for mortgage types, a task that this paper takes up using new data for … how the easing of monetary policy during the financial crisis affected mortgage holders. It shows that the resulting …
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