Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinanc...
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program
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Publisher
US: Oxford University Press
Journal title
Language
English
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Publisher
US: Oxford University Press
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Contents
Abstract
We examine the ability of the government to impact mortgage refinancing activity and spur consumption by focusing on the Home Affordable Refinance Program (HARP) that relaxed housing equity constraints by extending government credit guarantee on insufficiently collateralized refinanced mortgages. Difference-in-difference tests based on...
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Full title
Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program
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Record Identifier
TN_cdi_crossref_citationtrail_10_1093_restud_rdac039
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_citationtrail_10_1093_restud_rdac039
Other Identifiers
ISSN
0034-6527
E-ISSN
1467-937X
DOI
10.1093/restud/rdac039