How Long to Read Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic

By Bruno Albuquerque

How Long Does it Take to Read Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic?

It takes the average reader and 59 minutes to read Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic by Bruno Albuquerque

Assuming a reading speed of 250 words per minute. Learn more

Description

We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage payment holidays (PH) can act as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage PH were accessed by both households with pre-existing financial vulnerabilities and by those with stronger balance sheets, including buy-to-let investors. We also find that the temporary liquidity relief provided by PH allowed liquidity-constrained households to maintain higher annual consumption growth compared to those non-eligible for the policy. Finally, we find that mortgage PH led to higher saving rates for more financially-stable households.

How long is Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic?

Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic by Bruno Albuquerque is 58 pages long, and a total of 14,964 words.

This makes it 20% the length of the average book. It also has 18% more words than the average book.

How Long Does it Take to Read Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 21 minutes to read Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic aloud.

What Reading Level is Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic?

Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic?

Consumption Effects of Mortgage Payment Holidays: Evidence During the COVID-19 Pandemic by Bruno Albuquerque is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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