Visualitza Departament: Economia per autoria "ee3719ad-5222-4c00-ba87-eeab70b6bc69"
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Housing and debt over the life cycle and over the business cycle
Iacoviello, Matteo; Pavan, Marina Elsevier (2013-03)Housing and mortgage debt are studied in a quantitative general equilibrium model. The model matches wealth distribution, age profiles of homeownership and debt, and frequency of housing adjustment. Over the cycle, the ...