Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "10547"
  #_source: array:26 [
    "id" => "10547"
    "slug" => "hidden-costs-of-hidden-debt"
    "yearMonth" => "2014-10"
    "year" => "2014"
    "title" => "Hidden Costs of Hidden Debt"
    "description" => "KARAPETYAN, A. et ALMENBERG, J. (2014). Hidden Costs of Hidden Debt. <i>Review of Finance (ex European Finance Review)</i>, 18(6), pp. 2247-2281."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "KARAPETYAN Artashes"
        "bid" => "B00753681"
        "slug" => "karapetyan-artashes"
      ]
      1 => array:1 [
        "name" => "ALMENBERG Johan"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:4 [
      0 => "housing market"
      1 => "household finance"
      2 => "co-ops"
      3 => "salience"
    ]
    "updatedAt" => "2021-07-13 14:31:38"
    "publicationUrl" => "http://dx.doi.org/10.2139/ssrn.1836868"
    "publicationInfo" => array:3 [
      "pages" => "2247-2281"
      "volume" => "18"
      "number" => "6"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "We report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favour of less salient but more costly loans. Survey evidence corroborates the existence of such a bias. We outline a simple model in which some consumers are biased and show that under plausible assumptions this affects prices in equilibrium. Market data support the predictions of the model."
      "en" => "We report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favour of less salient but more costly loans. Survey evidence corroborates the existence of such a bias. We outline a simple model in which some consumers are biased and show that under plausible assumptions this affects prices in equilibrium. Market data support the predictions of the model."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-11-21T13:21:44.000Z"
    "docTitle" => "Hidden Costs of Hidden Debt"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/karapetyan-artashes">KARAPETYAN Artashes</a>, ALMENBERG Johan"
    "docDescription" => "<span class="document-property-authors">KARAPETYAN Artashes, ALMENBERG Johan</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2014</span>"
    "keywordList" => "<a href="#">housing market</a>, <a href="#">household finance</a>, <a href="#">co-ops</a>, <a href="#">salience</a>"
    "docPreview" => "<b>Hidden Costs of Hidden Debt</b><br><span>2014-10 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="http://dx.doi.org/10.2139/ssrn.1836868" target="_blank">Hidden Costs of Hidden Debt</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.760923
  +"parent": null
}