probability of defaults on mortgages. However, with respect to the Italian housing market, we only find very small effects over a …

We develop an agent-based model of the UK housing market to study the impact of macroprudential policy experiments on … key housing market indicators. The heterogeneous nature of this model enables us to assess the effects of such experiments … on the housing, rental and mortgage markets not only in the aggregate, but also at the level of individual households and …

This paper develops an agent-based model of the UK housing market to study the impact of macroprudential policies on … key housing market indicators. This approach enables us to tackle the heterogeneity in this market by modelling the … selection of micro-data, mostly from household surveys and housing market data sources. We perform a series of comparative …

We develop an agent-based model of the UK housing market to study the impact of macroprudential policy experiments on … key housing market indicators. The heterogeneous nature of this model enables us to assess the effects of such experiments … on the housing, rental and mortgage markets not only in the aggregate, but also at the level of individual households and …

percentage points. Supplemental tests reject alternative hypotheses based on income or housing wealth growth and, instead …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, search-theoretic model of housing with equilibrium mortgage default. To explain these dynamics, the model … constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …

This paper investigates the macroeconomic effects of search risk in the housing market. To do so, I introduce a … tractable directed search model of housing with mul- tidimensional buyer and seller heterogeneity. I incorporate this framework …. This mechanism establishes a novel link between housing and mortgage markets based on the illiquidity of housing. …

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 … constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …