Mortgage Design in an Equilibrium Model of the Housing Market
NBER Working Paper No. 24446
---- Acknowledgments ----
The authors would like to thank Chaojun Wang and Xuiyi Song for excellent research assistance and seminar participants at SED, SITE, Kellogg, Queen’s, Indiana, LSE, Boston University, HULM, Housing: Micro Data, Macro Problems, NBER Summer Institute Capital Markets and the Economy, CEPR Housing and the Macroeconomy, Chicago Booth Asset Pricing, UCLA, University of Pittsburgh, MIT Sloan, Wharton, the University of Pennsylvania, Tomasz Piskorski, Erwan Quintin, Jan Eberly, Alex Michaelides, Alexei Tchistyi, and Andreas Fuster for useful comments. Guren acknowledges research support from the National Science Foundation under grant #1623801 and from the Boston University Center for Finance, Law, and Policy. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.