The Cost of Consumer Collateral: Evidence from Bunching
收藏NBER2021-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29527
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资源简介：
We show that borrowers are highly sensitive to the requirement of posting their homes as collateral. Using administrative loan application and performance data from the U.S. Federal Disaster Loan Program, we exploit a loan amount threshold above which households must post their residence as
提供机构：
美国国家经济研究局
创建时间：
2021-11-01
