The Effect of Income and Collateral Constraints on Residential Mortgage Terminations
收藏NBER1995-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5180
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资源简介：
The prepayment behavior of home mortgage borrowers has been widely observed to be inconsistent with behavior implied by classical option theory. A substantial literature has emerged examining the problem, focusing on the characteristics of the mortgage and on the historic path of interest rates in
提供机构：
美国国家经济研究局
创建时间：
1995-07-01
