Pamplona September 24th, 2012.

Ernesto Villanueva (Ph.D. Northwestern University of Chicago) works as a researcher for the Banco de España. During the NCID Seminar, Villanueva presented an in-depth analysis about one of his latest research papers, “Consumption and initial mortgage conditions”. His presentation focused on initial mortgage conditions and their effects on the consumption behaviour of home-owners in Spain. By using a data set based on the Spanish Survey on Household Finances, Villanueva examined the relationship between household consumption and factors,...