Leverage and the Foreclosure Crisis
收藏NBER2013-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19323
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资源简介：
How much of the recent rise in foreclosures can be explained by the large number of high-leverage mortgage contracts originated during the housing boom? We present a model where heterogeneous households select from a set of mortgage contracts and choose whether to default on their payments given
提供机构：
美国国家经济研究局
创建时间：
2013-08-01
