Moral Hazard in Home Equity Conversion
收藏NBER1998-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6552
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资源简介：
Home equity conversion as presently constituted or proposed usually does not deal well with the potential problem of moral hazard. Once home-owners know that the risk of poor market performance of their homes is borne by investors, they have an incentive to neglect to take steps to maintain the
提供机构：
美国国家经济研究局
创建时间：
1998-05-01
