Browsing The Economic and Social Review, Vol. 21, No. 3, April, 1990 by Subject "Mortgages"
Now showing items 1-3 of 3
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Interest and non-interest terms in the process of mortgage market clearing: a reply
(Economic & Social Studies, Dublin, 1990)Thom (1990) argues that, in a situation of excess mortgage demand, loan applicants "with relatively low LV ratios (high DR ratios) have their demands satisfied while those with relatively high LV ratios are placed in a ... -
Interest and non-interest terms in the process of mortgage market clearing: a comment
(Economic & Social Studies, Dublin, 1990)In a recent contribution to this Review Browne (1988) considers the problem of estimating mortgage demand and supply functions in situations where the speed of interest rate adjustment is insufficient to eliminate excess ... -
Interest and non-interest terms in the process of mortgage market clearing: a rejoinder
(Economic & Social Studies, Dublin, 1990)In his reply to my comment Browne claims that the failure of variations in the downpayment ratio to shift market demand "is no more than a mere hypothesis which does not ,..., possess much apriori appeal." The bases of my ...