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Autore: |
Leece David
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Titolo: |
Economics of the mortgage market : perspectives on household decision making / / David Leece
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Pubblicazione: | Oxford, UK ; ; Malden, MA, : Blackwell, 2004 |
Descrizione fisica: | 1 online resource (274 p.) |
Disciplina: | 332.7/22 |
Soggetto topico: | Mortgage loans |
Mortgages | |
Housing - Finance | |
Note generali: | "RICS Foundation"--Cover. |
Nota di bibliografia: | Includes bibliographical references (p. [235]-252) and index. |
Nota di contenuto: | 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. |
Sommario/riassunto: | 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 the increasing importance of the secondary mortgage market - which in the US is now several times larger than the market for government debt. The UK secondary mortgage market is also growing and the book will provide a timely resource to those active and interested in this important financial market. The 1990s saw an enormous growth of mortgage market analysis |
Titolo autorizzato: | Economics of the mortgage market ![]() |
ISBN: | 1-281-31200-2 |
9786611312008 | |
0-470-69402-5 | |
0-470-69323-1 | |
Formato: | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910876665203321 |
Lo trovi qui: | Univ. Federico II |
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