Economics of the mortgage market [[electronic resource] ] : perspectives on household decision making / / David Leece
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| Autore: |
Leece David
|
| Titolo: |
Economics of the mortgage market [[electronic resource] ] : perspectives on household decision making / / David Leece
|
| Pubblicazione: | Oxford, UK ; ; Malden, MA, : Blackwell, 2004 |
| Descrizione fisica: | 1 online resource (274 p.) |
| Disciplina: | 332.7 |
| 332.7/22 | |
| 332.722 | |
| Soggetto topico: | Mortgage loans |
| Mortgages | |
| Housing - Finance | |
| Soggetto genere / forma: | Electronic books. |
| 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.: | 9910145558003321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
Real estate issues (Oxford, England)