What Calls to ARMs? International Evidence on Interest Rates and the Choice of Adjustable-Rate Mortgages
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https://www.nber.org/papers/w20408
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资源简介：
The relative popularity of adjustable-rate mortgages (ARMs) and fixed-rate mort- gages (FRMs) varies considerably both across countries and over time. We ask how movements in current and expected future interest rates affect the share of ARMs in total mortgage issuance. Using a nine-country panel
提供机构：
美国国家经济研究局
创建时间：
2014-08-01
