All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

John M. Quigley
''Monetary Policy and Homeowner Mobility: The Effect of Mortgage interest Rates''
( 2001, Vol. 4 No.1 )
This paper tests the "lock-in" effect of mortgage contract terms and establishes the link between changes in market interest rates and homeowner mobility. The analysis is based on the Panel Study of Income Dynamics during 1990-1993, when mortgage interest rates declined by almost 30 percent
JEL: D1 - Household Behavior: General
J6 - Mobility, Unemployment, and Vacancies: General
Manuscript Received : Mar 06 2001 Manuscript Accepted : Mar 07 2001

  This abstract has been downloaded 879 times                The Full PDF of this paper has been downloaded 87776 times