Financial Literacy, Present Bias and Alternative Mortgage Products
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DOI: 10.1016/j.jbankfin.2017.01.022
Abstract: Choosing a mortgage is one of the most important financial decisions made by a household. Financial innovation has given rise to more complex mortgage products with back-loaded payments, known as ‘Alternative Mortgage Products’ (AMPs), or… read more here.
Keywords: mortgage; literacy present; present bias; mortgage products ... See more keywords