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Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting Prices?
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Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting Prices? (2015)Why Did So Many Subprime Borrowers Defaul…Foreclosures, House Prices, and the Real Economy (2015)Foreclosures, House Prices, a…The failure of models that predict failure: Distance, incentives, and defaults (2014)The failure of models that pr…Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market (2012)Credit Booms and Lending Stan…Forced Sales and House Prices (2011)Forced Sales and House PricesFinancial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons (2011)Financial Crises, Credit Boom…Did Securitization Lead to Lax Screening? Evidence from Subprime Loans* (2010)Did Securitization Lead to La…Understanding the Subprime Mortgage Crisis (2009)Understanding the Subprime Mo…The Rise in Mortgage Defaults (2009)The Rise in Mortgage DefaultsThe Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis * (2009)The Consequences of Mortgage …Negative equity and foreclosure: Theory and evidence (2008)Negative equity and foreclosu…The institutional memory hypothesis and the procyclicality of bank lending behavior (2004)The institutional memory hypo…Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options (2000)Mortgage Terminations, Hetero…Unemployment Insurance and Unemployment Spells (1990)Unemployment Insurance and Un…Unemployment Insurance And Unemployment Spells (1988)Unemployment Insurance And Un…Stabilizing an Unstable Economy (1987)Stabilizing an Unstable Econo…A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data (1984)A Method for Minimizing the I…Collateralized Marriage (2023)Collateralized MarriageNegative Home Equity and Household Labor Supply (2021)Negative Home Equity and Hous…Corporate debt booms, financial constraints and the investment nexus (2021)Corporate debt booms, financi…Does skin-in-the-game affect security performance? (2019)Does skin-in-the-game affect …Housing Bubbles (2015)Housing BubblesCredit Supply and the Housing Boom (2014)Credit Supply and the Housing…Job Matching and the Theory of Turnover (1979)Labor Supply: A Review of Alternative Approaches (1999)Trajectories of Boys' Physical Aggression, Opposition, and Hyperactivity on the Path to Physically Violent and Nonviolent Juvenile Delinquency (1999)Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)Econometric Methods for the Duration of Unemployment (1979)Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market (2004)Search-Theoretic Models of the Labor Market: A Survey (2005)Moral Hazard versus Liquidity and Optimal Unemployment Insurance (2008)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)Household Balance Sheets, Consumption, and the Economic Slump* (2013)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)Agency Costs, Net Worth, And Business Fluctuations (1988)Credit Cycles (1997)The Theory of Bank Risk Taking and Competition Revisited (2005)Originate-to-distribute Model and the Subprime Mortgage Crisis (2010)Financial Innovation and Endogenous Growth (2013)Credit Supply and the Price of Housing (2015)The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)A Theory of the Term Structure of Interest Rates (1985)What moves housing markets: A variance decomposition of the rent–price ratio (2009)A Model of Mortgage Default (2011)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Loss Aversion and Seller Behavior: Evidence from the Housing Market (2001)The anatomy of bank diversification (2009)Loan growth and riskiness of banks (2010)FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: ASSESSING THE EVIDENCE* (1997)Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach* (2012)A Macroeconomic Model with a Financial Sector (2014)Optimal Unemployment Insurance (1997)Securitization without risk transfer (2012)Information: Hard and Soft (2018)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)
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References

  • 1987Stabilizing an Unstable Economy3,337 cited
  • 1984A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data2,790 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 1988Unemployment Insurance And Unemployment Spells1,270 cited
  • 1990Unemployment Insurance and Unemployment Spells1,177 cited
  • 2010Did Securitization Lead to Lax Screening? Evidence from Subprime Loans*1,100 cited
  • 2009Understanding the Subprime Mortgage Crisis1,012 cited
  • 2011Forced Sales and House Prices888 cited
  • 2000Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options794 cited
  • 2012Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market733 cited
  • 2009The Rise in Mortgage Defaults720 cited
  • 2011Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons682 cited
  • 2004The institutional memory hypothesis and the procyclicality of bank lending behavior585 cited
  • 2008Negative equity and foreclosure: Theory and evidence560 cited
  • 2014The failure of models that predict failure: Distance, incentives, and defaults

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497 cited
  • 2015Foreclosures, House Prices, and the Real Economy342 cited
  • Cited by

    • 2014Credit Supply and the Housing Boom88 cited
    • 2021Negative Home Equity and Household Labor Supply83 cited
    • 2015Housing Bubbles75 cited
    • 2019Does skin-in-the-game affect security performance?36 cited
    • 2021Corporate debt booms, financial constraints and the investment nexus27 cited
    • 2023Collateralized Marriage25 cited