CEU eTD Collection (2016); Aczél, Ákos: Who is interested? Estimation of demand on the Hungarian mortgage loan market in a discrete choice framework

CEU Electronic Theses and Dissertations, 2016
Author Aczél, Ákos
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 texthttps://www.etd.ceu.edu/2016/aczel_akos.pdf

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