Construct · 1 fields · 1 citations

home equity-based borrowing: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
home equity-basedborrowing1 CONSTRUCTHome equity-basedMIAN · HOUSEHOLD FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Household finance

homeowners borrowing against rising house values to spend, which raised household leverage before the 2008 crisis.

In household finance, home equity-based borrowing refers to homeowners borrowing against rising house values to spend, which raised household leverage before the 2008 crisis. This meaning comes from Mian (2011) in American Economic Review.[1]

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Nearby constructs

crisis4 fields · 9 citationsjingle · one word, four constructshouse1 fields · 1 citationsanchor · a standalone constructhousehold finance1 fields · 1 citationsanchor · a standalone construct

References

  1. Mian, A., & Sufi, A. (2011). House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis. American Economic Review, 101(5), 2132-2156. https://doi.org/10.1257/aer.101.5.2132

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