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Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'What Is My Home Worth?'
December 23, 2025
PHILADELPHIA, Pennsylvania, Dec. 23 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a working paper in December 2025 entitled "What Is My Home Worth?"

Here are excerpts:

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1 Introduction

The full-information, rational framework that serves as the backbone of many important economic models often assumes that agents know the value of their assets. In macroeconomics, the permanent income . . .

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