The Interaction between Interest Rate Risk and Credit Risk of Adjustable Rate Mortgage
碩士 === 國立臺灣大學 === 財務金融學研究所 === 97 === The article uses a bivariate pricing lattice to observe different interest rates and housing prices. Then we use loan-to-value ratio and payment-to-income ratio to set the default conditions. And the probabilities of default are then calculated. We have sensitiv...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/79045195276392263089 |