Browsing BI Research Centre's Series by Author "Enger Juelsrud, Ragnar"
Now showing items 1-1 of 1
-
The leverage-liquidity trade-of mortgage regulation
Aastveit, Knut Are; Enger Juelsrud, Ragnar; Getz Wold, Ella (HOFIMAR Working Paper Series;4/2023, Working paper, 2023)We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing ...