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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.

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