Mortgage design and slow recoveries : the role of recourse and default

Pedro Gete and Franco Zecchetto

Year of publication:	2024
Authors:	Gete, Pedro ; Zecchetto, Franco
Subject:	Aggregate Demand \| Consumption \| Default \| Europe \| Foreclosures \| Housing \| Liquidity Traps \| Mortgages \| Nominal Rigidities \| Recourse \| Recovery \| Hypothek \| Mortgage \| Konjunktur \| Business cycle \| Zwangsvollstreckung \| Foreclosure \| Insolvenz \| Insolvency \| Gesamtwirtschaftliche Nachfrage \| Aggregate demand \| Liquiditätspräferenz \| Liquidity preference

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