Comments on Jeske and Krueger's "Housing and the Macroeconomy: The Role of Implicit Guarantees for Government Sponsored Enterprises"
Working Paper 2008-3
This working paper comments on Karsten Jeske and Dirk Krueger's "Housing and the Macroeconomy: The Role of Implicit Guarantees for Government Sponsored Enterprises," delivered at the Fiscal Policy and Monetary/Fiscal Policy Interactions conference held on April 19–20, 2007.
Key words: housing, mortgage market, default risk
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