CEU Electronic Theses and Dissertations, 2016
Author | Aczél, Ákos |
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Title | Who is interested? Estimation of demand on the Hungarian mortgage loan market in a discrete choice framework |
Summary | In this thesis I estimate demand on the Hungarian mortgage market. I apply a conditional logit model on Hungarian credit registry data. I restrict the choice sets of individuals according to their financial position and banks business models. The results show that interest rates do matter in the decision of consumers, however to show this result controlling on choice sets and demographic characteristics is needed. |
Supervisor | Sergey Lychagin |
Department | Economics MA |
Full text | https://www.etd.ceu.edu/2016/aczel_akos.pdf |
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