Housing price declines and household balance sheets
AbstractData from a new national household survey quantify recent changes in household balance sheets and estimate the likely losses on home mortgages through June 2009. We find a fairly small fraction of high loan-to-value mortgages are at risk of default.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 107 (2010)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Housing market Survey data Mortgage Net worth;
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- Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2012.
"Is Financial Fragility a Matter of Illiquidity? An Appraisal for Italian Households,"
CEIS Research Paper
242, Tor Vergata University, CEIS, revised 18 Jul 2012.
- Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2012. "Is financial fragility a matter of illiquidity? An appraisal for Italian households," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 12061, Universita di Modena e Reggio Emilia, Facoltà di Economia "Marco Biagi".
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