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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Svensson, Lars
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/083
الوصول للمادة أونلاين:Full text available on IMF