Construct · 1 fields · 1 citations

strategic default: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed
strategicdefault1 CONSTRUCTStrategic defaultGUISO · 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

choosing to stop paying a mortgage that one can afford because the home is worth less than the loan.

In household finance, strategic default refers to choosing to stop paying a mortgage that one can afford because the home is worth less than the loan. This meaning comes from Guiso (2013) in The Journal of Finance.[1]

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Nearby constructs

default3 fields · 3 citationsjingle · one word, three constructshousehold finance1 fields · 1 citationsanchor · a standalone constructstop2 fields · 4 citationsjingle · one word, two constructs

References

  1. Guiso, L., Sapienza, P., & Zingales, L. (2013). The Determinants of Attitudes toward Strategic Default on Mortgages. The Journal of Finance, 68(4), 1473-1515. https://doi.org/10.1111/jofi.12044

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