Blar i CMI Open Research Archive på emneord "Mortgaging"
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Usufructuary Mortgages as a Source of Funds in Need: Some Theory and an Empirical Investigation
(CMI Working Paper WP 2017:6, Working paper, 2017-06-01)This paper develops a theoretical framework in which the borrower, who mortgages out, and the lender, who mortgages in, a parcel of land reach their decisions when credit and land markets function imperfectly. The results ...