Liquidity vs. Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession
收藏NBER2018-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24964
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We use variation in mortgage modifications to disentangle the impact of reducing long-term obligations with no change in short-term payments (wealth), and reducing short-term payments with approximately no change in long-term obligations (liquidity). Using regression discontinuity and difference-in
提供机构：
美国国家经济研究局
创建时间：
2018-09-01
