Untitled

Commentaries — March 19, 2007

Impact Of Mortgage Equity Withdrawal An analysis of the Greenspan-Kennedy mortgage equity withdrawal data rejects the notion American consumers were financing consumption by borrowing ever-greater amounts against their houses.

Open Impact Of Mortgage Equity Withdrawal
An analysis of the Greenspan-Kennedy mortgage equity withdrawal data rejects the notion American consumers were financing consumption by borrowing ever-greater amounts against their houses.