| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059673 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠A measure of the economic value of loan advice is proposed. ⺠The measure is based on conditional-optimised adviser behaviour. ⺠Time-variation in the measure enables statistical testing of its significance. ⺠Informed mortgage advice based on UK data is demonstrated to have economic value. ⺠The conditions under which this advice has statistical significance are identified.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nicholas Taylor,