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Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinanc...

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinanc...

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_citationtrail_10_1093_restud_rdac039

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program

About this item

Full title

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program

Publisher

US: Oxford University Press

Journal title

The Review of economic studies, 2023-03, Vol.90 (2), p.499-537

Language

English

Formats

Publication information

Publisher

US: Oxford University Press

More information

Scope and Contents

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...

Alternative Titles

Full title

Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program

Identifiers

Primary Identifiers

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

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