New Mortgage Designs for an Inflationary Environment: Proceedings of a Conference Held at Cambridge, Massachusetts, January, 1975
Federal Reserve Bank of Boston, 1975 - Počet stran: 299
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adjustment allow alternative amortization amount annual assets associations authors banks bonds borrowers building capital ceilings changes companies constant construction contract cost debiting demand deposit rate deposits determined discussion Economic effect example existing expected experience factor Federal financing fixed flow funds gage given graduation higher households housing impact important income increase initial institutions interest interest rate investment issued lenders less liabilities loan long-term lower major maturity measure ment mort mortgage banks mortgage instrument mortgage rate nominal noted payment percent period PLAM positive possible present principal problem purchasing rate of inflation ratio reduce reference relative reserves rising risk savings short-term simulations SLAs societies standard mortgage starts stream structure supply Table United variable variable-rate mortgage various wage