메뉴 건너뛰기




Volumn 62, Issue 3, 2007, Pages 424-440

House price appreciation, liquidity constraints, and second mortgages

Author keywords

Home equity loan; Housing wealth effect; Liquidity constraints; Second mortgage

Indexed keywords


EID: 34848835209     PISSN: 00941190     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jue.2006.11.003     Document Type: Article
Times cited : (25)

References (26)
  • 1
    • 0030826309 scopus 로고    scopus 로고
    • Intertemporal consumption, durables and liquidity constraints: A cohort analysis
    • Alessie R., Devereux M.P., and Weber G. Intertemporal consumption, durables and liquidity constraints: A cohort analysis. European Economic Review 41 (1997) 37-59
    • (1997) European Economic Review , vol.41 , pp. 37-59
    • Alessie, R.1    Devereux, M.P.2    Weber, G.3
  • 3
    • 33845876485 scopus 로고    scopus 로고
    • Recent changes in US family finances: Evidence from the 2001 and 2004 Survey of Consumer Finances
    • Bucks B.K., Kennickell A.B., and Moore K.B. Recent changes in US family finances: Evidence from the 2001 and 2004 Survey of Consumer Finances. Federal Reserve Bulletin 92 (2006) A1-A38
    • (2006) Federal Reserve Bulletin , vol.92
    • Bucks, B.K.1    Kennickell, A.B.2    Moore, K.B.3
  • 5
    • 0041166716 scopus 로고
    • Home equity lending: Evidence from recent surveys
    • Canner G.B., and Luckett C.A. Home equity lending: Evidence from recent surveys. Federal Reserve Bulletin 80 (1994) 571-583
    • (1994) Federal Reserve Bulletin , vol.80 , pp. 571-583
    • Canner, G.B.1    Luckett, C.A.2
  • 8
    • 21244446232 scopus 로고    scopus 로고
    • Comparing wealth effects: The stock market versus the housing market
    • Case K.E., Quigley J.M., and Shiller R.J. Comparing wealth effects: The stock market versus the housing market. Advances in Macroeconomics 5 (2005) 1-32
    • (2005) Advances in Macroeconomics , vol.5 , pp. 1-32
    • Case, K.E.1    Quigley, J.M.2    Shiller, R.J.3
  • 11
    • 34848908142 scopus 로고    scopus 로고
    • M.A. Flavin, S. Nakagawa, A model of housing in the presence of adjustment costs, Unpublished manuscript, University of California, San Diego, 2005
  • 12
    • 0344540194 scopus 로고    scopus 로고
    • Do liquidity constraints and interest rates matter for consumer behavior? Evidence from credit card data
    • Gross D.B., and Souleles N.S. Do liquidity constraints and interest rates matter for consumer behavior? Evidence from credit card data. Quarterly Journal of Economics 117 (2002) 149-185
    • (2002) Quarterly Journal of Economics , vol.117 , pp. 149-185
    • Gross, D.B.1    Souleles, N.S.2
  • 13
    • 34848860944 scopus 로고    scopus 로고
    • D.R. Haurin, S.S. Rosenthal, House price appreciation, savings and consumer expenditures, Unpublished manuscript, Syracuse University, 2005
  • 14
    • 0005805349 scopus 로고    scopus 로고
    • The impact of demographics on housing and non-housing wealth in the United States
    • Hurd M.D., and Yashiro N. (Eds), Univ. of Chicago Press, Chicago
    • Hoynes H.W., and McFadden D. The impact of demographics on housing and non-housing wealth in the United States. In: Hurd M.D., and Yashiro N. (Eds). The Economic Effects of Aging in the United States and Japan (1997), Univ. of Chicago Press, Chicago 153-194
    • (1997) The Economic Effects of Aging in the United States and Japan , pp. 153-194
    • Hoynes, H.W.1    McFadden, D.2
  • 15
    • 11244328269 scopus 로고    scopus 로고
    • Home is where the equity is: Liquidity constraints, refinancing and consumption
    • Hurst E., and Stafford F. Home is where the equity is: Liquidity constraints, refinancing and consumption. Journal of Money, Credit and Banking 36 (2004) 985-1014
    • (2004) Journal of Money, Credit and Banking , vol.36 , pp. 985-1014
    • Hurst, E.1    Stafford, F.2
  • 16
    • 84963088912 scopus 로고
    • Who is credit-constrained in the US economy?
    • Jappelli T. Who is credit-constrained in the US economy?. Quarterly Journal of Economics 105 (1990) 219-234
    • (1990) Quarterly Journal of Economics , vol.105 , pp. 219-234
    • Jappelli, T.1
  • 18
    • 34548359355 scopus 로고    scopus 로고
    • W. Li, R. Yao, The life-cycle effects of house price changes, Journal of Money, Credit and Banking (2007), in press
  • 19
    • 0011096275 scopus 로고    scopus 로고
    • The hazards of mutual fund underperformance: A Cox regression analysis
    • Lunde A., Timmermann A., and Blake D. The hazards of mutual fund underperformance: A Cox regression analysis. Journal of Empirical Finance 6 (1999) 121-152
    • (1999) Journal of Empirical Finance , vol.6 , pp. 121-152
    • Lunde, A.1    Timmermann, A.2    Blake, D.3
  • 20
    • 0040968544 scopus 로고    scopus 로고
    • Household debt and the Tax Reform Act of 1986
    • Maki D.M. Household debt and the Tax Reform Act of 1986. American Economic Review 91 (2001) 305-319
    • (2001) American Economic Review , vol.91 , pp. 305-319
    • Maki, D.M.1
  • 22
    • 34848891063 scopus 로고    scopus 로고
    • After the refinancing boom: Will consumers scale back their spending?
    • McConnell M.M., Peach R.W., and Al-Haschimi A. After the refinancing boom: Will consumers scale back their spending?. FRBNY Current Issues 9 (2003)
    • (2003) FRBNY Current Issues , vol.9
    • McConnell, M.M.1    Peach, R.W.2    Al-Haschimi, A.3
  • 24
    • 33846312426 scopus 로고    scopus 로고
    • Determinants of the demand for home equity credit lines
    • Salandro D., and Harrison W.B. Determinants of the demand for home equity credit lines. Journal of Consumer Affairs 31 (1997) 326-345
    • (1997) Journal of Consumer Affairs , vol.31 , pp. 326-345
    • Salandro, D.1    Harrison, W.B.2
  • 25
    • 0039708996 scopus 로고    scopus 로고
    • Is housing wealth a sideshow?
    • Wise D.A. (Ed), Univ. of Chicago Press, Chicago
    • Skinner J.S. Is housing wealth a sideshow?. In: Wise D.A. (Ed). Advances in the Economics of Aging (1996), Univ. of Chicago Press, Chicago 241-271
    • (1996) Advances in the Economics of Aging , pp. 241-271
    • Skinner, J.S.1
  • 26
    • 34848906395 scopus 로고    scopus 로고
    • J.X. Sullivan, Borrowing during unemployment: Unsecured debt as a safety net, Unpublished manuscript, University of Notre Dame, 2006


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.