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This paper studies the effects of collateral quality shocks on house prices, the price-rent ratio, and the macroeconomy in a dynamic general equilibrium model with housing collateral. Collateral quality is not as perfect as is typically assumed in the existing literature on collateral...
Persistent link: https://www.econbiz.de/10013296818
This paper studies the effects of collateral quality shocks on house prices, the price-rent ratio, and the macroeconomy in a dynamic general equilibrium model with housing collateral. Collateral quality is not as perfect as is typically assumed in the existing literature on collateral...
Persistent link: https://www.econbiz.de/10013297608
This paper studies the effects of collateral quality shocks on house prices, the price-rent ratio, and the macroeconomy in a dynamic general equilibrium model with housing collateral. Collateral quality is not as perfect as is typically assumed in the existing literature on collateral...
Persistent link: https://www.econbiz.de/10013297610
Persistent link: https://www.econbiz.de/10014363988
Persistent link: https://www.econbiz.de/10015175604
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