Three Essays in Household Finance
- Author(s): Sharifi, Ahmad-Reza Michael
- Advisor(s): Flavin, Marjorie;
- Wieland, Johannes
- et al.
This dissertation examines the role of housing in the portfolio. The first chapter
incorporates home price index futures into a household portfolio choice problem. The
second chapter suggests and evaluates the predictive power of Microdata-based variables
for forecasting home prices. The third chapter presents a theoretical model of mortgage
default which emphasizes the service flow of owning a home.