Recourse and mortgage defaults

Juan Carlos Hatchondo
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Juan Carlos Hatchondo: Richmond Fed

No 1088, 2010 Meeting Papers from Society for Economic Dynamics

Abstract: proceed to study a calibrated life-cycle model in which households decide to rent, to buy a house, or to foreclose on their mortgage contracts.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed010:1088

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