The Rise in Inequality, the Decline in the Natural Interest Rate, and ...
I investigate the effect of rising income inequality on the natural rate of interest in an economy with ?rich? households who have ?capitalist spirit? type ...
Economic implications of interest-only mortgages combined with ...The final chapter illustrates that housing demand is affected by the prevalence of interest-only mortgages and that fluctuations in house prices ... Understanding Housing-Market Volatility - SSRNLower interest rates raise the return to searching and thus increase time-to-sell, and leaving more houses on the market. Positive expenditure shocks increase ... The Impact of a Housing Market Correction on Ontario's Fiscal PositionHousehold expectations for moderately higher house prices are tempered by a gradual increase in interest and mortgage rates, resulting in house.
Autres Cours:
