000 01245cam a2200289 4500
002 7737
008 040727n2004 000 0 eng u
020 _a1405114614
035 _a(Sirsi) u126934
041 _aeng
050 _a306.3
_c18
050 _a332.722
_c22
100 _aLeece, David
245 _aEconomics of the mortgage market
_bperspectives on household decision making
260 _aOxford
_bBlackwell
_c2004
300 _axii, 258p.
_c25cm.
350 _a42.50
490 _aBlackwell Real Estate Issues
520 _aExamines 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.
650 _aMORTGAGE FINANCE
650 _aMORTGAGE MARKET
650 _aUNITED STATES
650 _aUNITED KINGDOM
650 _aHOUSING FINANCE
690 _aHOUSING-HOUSING FINANCE
942 _n0
999 _c103680
_d103680