The effect of borrower-specific loan-to-value policies on household debt, wealth inequality and consumption volatility: an agent-based analysis

DOI10.1016/J.JEDC.2022.104526MaRDI QIDQ2102878zbMATH OpenOpenAlexWikidataFDO

Authors Ruben Tarne, Dirk Bezemer, Thomas Theobald

Publication date 12 December 2022

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jedc.2022.104526

zbMATH Keywords

agent-based modellinghousing marketwealth inequalitymacroprudential regulationhousehold indebtedness

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

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Cites work

• An agent-based model for the assessment of LTV caps

Cited in

(5)

• Macroeconomic and distributional effects of mortgage guarantee programs for the poor
• Income inequality, consumption, credit and credit risk in a data-driven agent-based model
• A high-resolution, data-driven agent-based model of the housing market
• A note on the Emergency Homeowners' Loan Program: modeling bank equity volatility
• Multiple credit constraints and time-varying macroeconomic dynamics

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