Plausibly Exogenous [1546] - Mortgage Amortization (04/26/2024)
LHS Variable
Net worth
RHS Variable
Mortgage amortization
Source of Exogenous Variation
Variation in the timing of home purchase coming from life-events (e.g. birth of a child)
- Bernstein and Koudijs (2023), “The Mortgage Piggybank: Building Wealth through Amortization”