Consumption Effects of Mortgage Payment Holidays : Evidence during the COVID-19 Pandemic /

We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage payment holidays (PH) can act as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage PH were accessed by both households with pre-existing financ...

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Автор: Albuquerque, Bruno
Інші автори: Varadi, Alexandra
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2022.
Серія:IMF Working Papers; Working Paper ; No. 2022/044
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Онлайн доступ:Full text available on IMF