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An Examination of the Financing of Federal Home Loan Bank Advances: A Comment

โœ Scribed by Herbert M. Kaufman


Book ID
125763792
Publisher
MIT Press
Year
1973
Tongue
English
Weight
131 KB
Volume
55
Category
Article
ISSN
0034-6535

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In this article the price-setting behavior of the district Federal Home Loan Banks (FHLBs) is investigated. Previous studies have viewed the FHLB system as a policy authority that sets the interest rate on FHLB advances in an attempt to stabilize mortgage and housing markets. In this study a profitm