Effects of Mortgage Interest Rates on House Price Appreciation: The Role of Payment Constraints
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- Joshua Bosshardt & Marco Di Maggio & Ali Kakhbod & Amir Kermani, 2023. "The Credit Supply Channel of Monetary Policy Tightening and its Distributional Impacts," FHFA Staff Working Papers 23-03, Federal Housing Finance Agency.
- Joshua Bosshardt & Marco Di Maggio & Ali Kakhbod & Amir Kermani, 2023. "The Credit Supply Channel of Monetary Policy Tightening and its Distributional Impacts," NBER Working Papers 31464, National Bureau of Economic Research, Inc.
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More about this item
Keywords
Asset Pricing; Household Finance; House Price Bubbles;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
NEP fields
This paper has been announced in the following NEP Reports:- NEP-URE-2022-12-19 (Urban and Real Estate Economics)
Statistics
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