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Record Nr. |
UNINA9910145558003321 |
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Autore |
Leece David |
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Titolo |
Economics of the mortgage market [[electronic resource] ] : perspectives on household decision making / / David Leece |
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Pubbl/distr/stampa |
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Oxford, UK ; ; Malden, MA, : Blackwell, 2004 |
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ISBN |
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1-281-31200-2 |
9786611312008 |
0-470-69402-5 |
0-470-69323-1 |
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Descrizione fisica |
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1 online resource (274 p.) |
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Collana |
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Disciplina |
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Soggetti |
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Mortgage loans |
Mortgages |
Housing - Finance |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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"RICS Foundation"--Cover. |
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Nota di bibliografia |
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Includes bibliographical references (p. [235]-252) and index. |
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Nota di contenuto |
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An introduction to mortgage market economics -- The demand for mortgage finance : theory -- The demand for mortgage finance : empirical evidence -- The "tilt", mortgage designs, and the amortisation of debt -- Rationing, mortgage market adjustment, and separating equilibrium -- Credit rationing, mortgage market adjustment, and separating equilibrium : empirical evidence -- The households choice of mortgage design : theory -- The household's choice of mortgage design : theory -- The risky mortgage contract and embedded options : mortgage valuation and household behaviour -- Prepayment and default behaviour : empirical evidence -- Conclusion : the "field" of mortgage market economics. |
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Sommario/riassunto |
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The analysis of the mortgage market is a specialised field but examines a financial market with extremely wide-ranging implications; it affects the stability of the whole economy. The key thing about this analysis is |
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