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Efficient Credit Policies in a Housing Debt Crisis
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Efficient Credit Policies in a Housing Debt Crisis (2014)Efficient Credit Policies in a Housing De…Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide (2014)Mortgage Modification and Str…Estimates of the Size and Source of Price Declines Due to Nearby Foreclosures (2014)Estimates of the Size and Sou…Is a Household Debt Overhang Holding Back Consumption? 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(1972)Job Market Signaling (1973)The Economics of Caste and of the Rat Race and Other Woeful Tales (1976)Health insurance and the demand for medical care: evidence from a randomized experiment. (1987)Liberalization, Moral Hazard in Banking, and Prudential Regulation: Are Capital Requirements Enough? (2000)Signaling in Retrospect and the Informational Structure of Markets (2002)The Debt-Deflation Theory of Great Depressions (1933)Stabilizing an Unstable Economy (1987)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)Household Balance Sheets, Consumption, and the Economic Slump* (2013)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Investment Under Uncertainty. 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(2010)House Prices and Consumer Spending (2017)Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market (2020)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)The theory and practice of corporate finance: evidence from the field (2001)Credit Rationing in Markets with Imperfect Information (1981)House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis (2011)Liquidity risk management and credit supply in the financial crisis (2011)A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Estimates of the Impact of Crime Risk on Property Values from Megan's Laws (2008)The Determinants of Attitudes toward Strategic Default on Mortgages (2013)Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings (2015)Growth in a Time of Debt (2010)From Financial Crash to Debt Crisis (2011)The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area (2012)Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments (2017)Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options (2000)What moves housing markets: A variance decomposition of the rent–price ratio (2009)Recourse and Residential Mortgage Default: Evidence from US States (2011)
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References

  • 1976Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information4,984 cited
  • 1980Irreversibility, Uncertainty, and Cyclical Investment4,130 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 2009The Aftermath of Financial Crises1,509 cited
  • 2012Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*1,407 cited
  • 2011Forced Sales and House Prices888 cited
  • 2008Negative equity and foreclosure: Theory and evidence560 cited
  • 1996Options, the Value of Capital, and Investment491 cited
  • 2011A Model of Mortgage Default464 cited
  • 2009The contagion effect of foreclosed properties421 cited
  • 2011The Long Slump387 cited
  • 2012Is a Household Debt Overhang Holding Back Consumption?340 cited
  • 2011Credit Crises, Precautionary Savings, and the Liquidity Trap306 cited
  • 2014Estimates of the Size and Source of Price Declines Due to Nearby Foreclosures249 cited
  • 2014

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Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide
205 cited

Cited by

  • 2020Mortgage Design in an Equilibrium Model of the Housing Market118 cited
  • 2015Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class118 cited
  • 2012Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program105 cited
  • 2019Stimulating Housing Markets102 cited
  • 2018No Job, No Money, No Refi: Frictions to Refinancing in a Recession88 cited
  • 2022Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinance Program84 cited
  • 2012Payment Size, Negative Equity, and Mortgage Default82 cited
  • 2017Accounting for Debt Service: The Painful Legacy of Credit Booms37 cited
  • 2019Monthly Payment Targeting and the Demand for Maturity28 cited
  • 2023Household Liquidity Constraints and Labor Market Outcomes: Evidence from a Danish Mortgage Reform22 cited
  • 2024Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy17 cited