An empirical characterization of mortgage default in Colombia between 1997 and 2004

This paper examines the relationship between mortgage default decisions and relevant observable variables under the light of a random utility model. The focus of the study is the Colombian mortgage market between 1997 and 2004 using two separate data sets

Detalles Bibliográficos
Autores Principales: Carranza, Juan Esteban, Estrada, Dairo Ayiber
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2007
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5468
Descripción
Sumario:This paper examines the relationship between mortgage default decisions and relevant observable variables under the light of a random utility model. The focus of the study is the Colombian mortgage market between 1997 and 2004 using two separate data sets