文章基本信息

标题：Monetary Policy and Homeowner Mobility: The Effect of Mortgage interest Rates
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作者：John M. Quigley
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2001
卷号：4
出版社：Economics Bulletin
摘要：This paper tests the "lock-in" effect of mortgage contract terms and establishes the link between changes in market interest rates and homeowner mobility. The analysis is based on the Panel Study of Income Dynamics during 1990-1993, when mortgage interest rates declined by almost 30 percent