AN EMPIRICAL-MODEL OF MORTGAGE ARREARS AND REPOSSESSIONS

Authors
BROOKES M DICKS M PRADHAN M
Citation
M. Brookes et al., AN EMPIRICAL-MODEL OF MORTGAGE ARREARS AND REPOSSESSIONS, Economic modelling, 11(2), 1994, pp. 134-144
Citations number
10
Categorie Soggetti
Economics
Journal title
Economic modelling → ACNP
ISSN journal
02649993
Volume
11
Issue
2
Year of publication
1994
Pages
134 - 144
Database
ISI
SICI code
0264-9993(1994)11:2<134:AEOMAA>2.0.ZU;2-K
Abstract
The objective of this paper is to estimate an empirical model to expla in building society mortgage arrears and repossessions. In particular, we examine front-end loading and the importance of interest rates and inflation and financial variables such as capital gearing and unwithd rawn equity.