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- W2139239179 abstract "This paper studies disequilibrium in the Canadian institutional mortgage market. Two alternative disequilibrium models are estimated and compared with the equilibrium model. We also test the equilibrium hypothesis and examine the separation of sample into excess demand and excess supply regimes. The main conclusions are that the Canadian mortgage market conforms to the disequilibrium hypotheses quite well and that, in contrast to what some of the existing studies assume, the market was in an excess supply rather than excess demand situation in most periods." @default.
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- W2139239179 date "1986-04-01" @default.
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- W2139239179 title "A disequilibrium econometric study of the Canadian mortgage market" @default.
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- W2139239179 doi "https://doi.org/10.1080/00036848600000037" @default.
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