AER (version 0.2-2)

Mortgage: Fixed versus Adjustable Mortgages

Description

Cross-section data about fixed versus adjustable mortgages for 78 households.

Usage

data("Mortgage")

source

The data is from Baltagi (2002) and available at http://www.springeronline.com/sgw/cda/frontpage/0,10735,4-165-2-107420-0,00.html

References

Baltagi, B.H. (2002). Econometrics, 3rd ed. Berlin, Springer. Dhillon, U.S., Shilling, J.D. and Sirmans, C.F. (1987). Choosing Between Fixed and Adjustable Rate Mortgages. Journal of Money, Credit and Banking, 19, 260--267.

See Also

Baltagi2002

Examples

data("Mortgage")
plot(rate ~ interest, data = Mortgage, breaks = fivenum(Mortgage$interest))
plot(rate ~ margin, data = Mortgage, breaks = fivenum(Mortgage$margin))
plot(rate ~ coborrower, data = Mortgage)