Economics of the mortgage market perspectives on household decision making
Language: English Series: Blackwell Real Estate IssuesPublication details: Oxford Blackwell 2004Description: xii, 258p. 25cmISBN:- 1405114614
- 306.3
- 332.722
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | London Books | 306.3 LEE (Browse shelf(Opens below)) | 1 | Available | 30069573 |
Examines the microeconomics of mortgage choices, using empirical research from the UK and US. Looks at: the demand for mortgage finance; mortgage decisions and the amortisation of debt; credit rationing, mortgage market adjustment and separating equilibrium; the householder's choice of mortgage design; the risky mortgage contract and embedded options - mortgage valuation and household behaviour; prepayment and default behaviour; and the field of mortgage market economics. Bibliography.