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cycle cannot be accounted for by the liberalization and subsequent tightening of mortgage credit standards that occurred …
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recoveries of housing prices and employment from mortgage crises. Comparing credit cycles with and without credit reporting and … capturing the impact of mortgage default on employment by extending the Diamond-Mortensen-Pissarides search framework, I find …
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. From 2009:Q3 to 2011:Q3, aggregate household debt declined by about $1.5 trillion in real terms, with mortgage debt falling … individual credit records to better understand why mortgage debt has declined. I decompose changes in aggregate mortgage debt … over two-year periods spanning the past decade into inflows (from individuals whose mortgage debt increases during a given …
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. From 2009:Q3 to 2011:Q3, aggregate household debt declined by about $1.5 trillion in real terms, with mortgage debt falling … individual credit records to better understand why mortgage debt has declined. I decompose changes in aggregate mortgage debt … over two-year periods spanning the past decade into inflows (from individuals whose mortgage debt increases during a given …
Persistent link: https://www.econbiz.de/10013108731
) cycle cannot be accounted for by the liberalization, and subsequent tightening, of credit standards in mortgage markets …
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