Amortization Requirements May Increase Household Debt : A Simple Example /
Debt amortization requirements have been suggested as a way to reduce household indebtedness. However, a closer look reveals that amortization requirements may create incentives for both borrowers and lenders to borrow and lend more rather than less. Suppose that a household plans to finance a given...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2016.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 2016/083 |
| Mynediad Ar-lein: | Full text available on IMF |