Search
Now showing items 1-1 of 1
Title:Limited liability, strategic default and bargaining power Author(s):BALATTI, Mirco; LOPEZ-QUILES CENTENO, Carolina
Date:2021Type:Working PaperSeries/Number:ECB Working Paper; 2021/2519Abstract:In this paper we examine the effects of limited liability on mortgage dynamics. While
the literature has focused on default rates, renegotiation, or loan rates individually,
we study them together as equilibrium outcomes ...
Date:2021Type:Working PaperSeries/Number:ECB Working Paper; 2021/2519Abstract:In this paper we examine the effects of limited liability on mortgage dynamics. While
the literature has focused on default rates, renegotiation, or loan rates individually,
we study them together as equilibrium outcomes ...