Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises
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This paper evaluates the macroeconomic and distributional effects of government bailout guarantees for Government Sponsored Enterprises (such as Fannie Mae and Freddy Mac) in the mortgage market. In order to do so we construct a model with heterogeneous, infinitely lived households and competitive
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美国国家经济研究局创建时间：
2011-10-01
