Housing, Banking and the Macro Economy
Essay 1: Expectation-Driven House Prices, Debt Default and Inflation Dynamics We contribute to the literature on dynamic stochastic general equilibrium (DSGE) models with housing collateral by including shocks to house price expectations. We also incorporate endogenous mortgage defaults that are rar...
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| Format: | Doctoral Thesis |
| Language: | English |
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Uppsala universitet, Nationalekonomiska institutionen
2016
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-281896 http://nbn-resolving.de/urn:isbn:978-91-85519-66-8 |