Topics in macroeconomics : mortgage default, demographic change and factor misallocation
This thesis analyzes three topics in macroeconomics: Mortgage default, demographic change and factor misallocation. The first chapter asks which theories of mortgage default are quantitatively consistent with observations during the U.S. mortgage crisis. Different default models are simulated for the...
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London School of Economics and Political Science (University of London)
2012
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.571034 |