Who selected adjustable rate mortgages?
Subtitle: evidence from 1989-2007 surveys of consumer finances
By: Daniel Bergstresser, John Beshears
Contributors: Beshears, John; Harvard Business School
Series: Working paper / Harvard Business School -- 10-083; Working paper (Harvard Business School) -- 10-083.
Publisher: Harvard Business School
Published: 2010
Place of publication: [Boston]
Language: eng
Number of pages: 48
Description: We find evidence that households selecting adjustable-rate mortgages (ARMs) during the recent decade were disproportionately those who were less suspicious or who may have had difficulty understanding complicated ARM features that became commonplace prior to the financial crisis.
Notes: "March 2010"--Publisher's website.

Includes bibliographical references.