How Do Foreclosures Exacerbate Housing Downturns?
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26216
下载链接
链接失效反馈官方服务：
资源简介：
This paper uses a structural model to show that foreclosures played a crucial role in exacerbating the recent housing bust and to analyze foreclosure mitigation policy. We consider a dynamic search model in which foreclosures freeze the market for non-foreclosures and reduce price and sales volume
提供机构：
美国国家经济研究局
创建时间：
2019-09-01
