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This Selected Issues paper on the United States examines the effect of the structure of the...

This paper argues that making affordable home mortgage loans available to a large cross section...

This paper considers the case for mortgage covered bonds as an alternative to the...

We provide empirical evidence to support the calibration of a limit on household indebtedness...

Housing cycles and their impact on the financial system and the macroeconomy have become the...

This paper incorporates house price risk and mortgages into a standard incomplete market (SIM)...