ISBN-10:
1405114614
ISBN-13:
9781405114615
Pub. Date:
02/15/2004
Publisher:
Wiley
Economics of the Mortgage Market: Perspectives on Household Decision Making / Edition 1

Economics of the Mortgage Market: Perspectives on Household Decision Making / Edition 1

by David Leece

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Product Details

ISBN-13: 9781405114615
Publisher: Wiley
Publication date: 02/15/2004
Series: Real Estate Issues Series
Pages: 272
Product dimensions: 6.60(w) x 9.40(h) x 0.50(d)

About the Author


David Leece is Senior Lecturer in Business Economics & Finance in the Department of Management, University of Keele. His research interests are in the economics of housing and mortgage markets, as well as in business economics. He has published widely on mortgage market economics.

Table of Contents

Preface.

Acknowledgements.

1 An Introduction to Mortgage Market Economics.

2 The Demand for Mortgage Finance: Theory.

3 The Demand for Mortgage Finance: Empirical Evidence.

4 The ‘Tilt’, Mortgage Designs and the Amortisation of Debt.

5 Rationing, Mortgage Market Adjustment and Separating Equilibrium.

6 Credit Rationing, Mortgage Market Adjustment and Separating Equilibrium: Empirical Evidence.

7 The Households Choice of Mortgage Design: Theory.

8 The Households Choice of Mortgage design: Empirical Evidence.

9 The Risky Mortgage Contract and Embedded Options: Mortgage Valuation and Household Behaviour.

10 Prepayment and Default Behavior: Empirical Evidence.

11 Conclusion: The ‘Field’ of Mortgage Market Economics.

Bibliography.

Index.

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From the Publisher

Leece's references and portrayal of empirical works are very helpful in the sense of presenting and investigating theoretical fundamentals.

Building Research & Information 33(4) 2005

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