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Three Triggers? Negative Equity,Income Shocks and Institutions as Determinants of Mortgage Default |
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| Authors: | Linn Andrew Lyons Ronan C |
| Institution: | 1.The Bank of England, Threadneedle Street, London, UK ;2.Department of Economics, Trinity College Dublin, Dublin, Ireland; Spatial Economics Research Centre, London School of Economics, London, UK ; |
| Abstract: | The Journal of Real Estate Finance and Economics - In understanding the determinants of mortgage default, the consensus has moved from an ‘option theory’ model to the ‘double... |
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