Household Risk Management and Optimal Mortgage Choice
收藏NBER2003-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w9759
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资源简介:
A typical household has a home mortgage as its most significant financial contract. The form of this contract is correspondingly important. This paper studies the choice between a fixed-rate (FRM) and an adjustable-rate (ARM) mortgage. In an environment with uncertain inflation, a nominal FRM has
提供机构:
美国国家经济研究局
创建时间:
2003-06-01



