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...
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2016.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2016/083 |
| Online adgang: | Full text available on IMF |