Mortgage Defaults /
This paper incorporates house price risk and mortgages into a standard incomplete market (SIM) model. The model is calibrated to match U.S. data and accounts for non-targeted features of the data such as the distribution of down payments, the life-cycle profile of home ownership, and the mortgage de...
| Glavni autor: | |
|---|---|
| Daljnji autori: | , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2012/026 |
| Online pristup: | Full text available on IMF |