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Complex Mortgages
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Complex Mortgages (2011)Complex MortgagesThe Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium (2016)The Macroeconomic Effects of …Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints∗ (2015)Housing Market Dynamics: On t…The failure of models that predict failure: Distance, incentives, and defaults (2014)The failure of models that pr…Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis (2010)Securitization and Distressed…Originate-to-Distribute Model and the Subprime Mortgage Crisis (2010)Originate-to-Distribute Model…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 …Strategic price complexity in retail financial markets☆ (2008)Strategic price complexity in…Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets (2006)Shrouded Attributes, Consumer…Housing, consumption and asset pricing (2006)Housing, consumption and asse…Household Finance (2006)Household FinanceHousing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective (2005)Housing Collateral, Consumpti…Household Risk Management and Optimal Mortgage Choice (2003)Household Risk Management and…Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options (2000)Mortgage Terminations, Hetero…Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects (1995)Prices and Trading Volume in …Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market (2013)Asset Quality Misrepresentati…The equity premium: A puzzle (1985)Size and Book-to-Market Factors in Earnings and Returns (1995)By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)A Model of the Consumption Response to Fiscal Stimulus Payments (2014)Disaster on the horizon: The price effect of sea level rise (2019)Golden Eggs and Hyperbolic Discounting (1997)Markets: The Credit Rating Agencies (2010)Racial Segregation and the American Foreclosure Crisis (2010)Information: Hard and Soft (2018)The Economics of Discrimination. (1972)Good News and Bad News: Representation Theorems and Applications (1981)Psychology and Economics: Evidence from the Field (2009)Salience and Taxation: Theory and Evidence (2009)The Quarterly Journal of Economics (2024)Credit Rationing in Markets with Imperfect Information (1981)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Financial Intermediation, Loanable Funds, and The Real Sector (1997)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)The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)A Theory of the Term Structure of Interest Rates (1985)Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints (2004)Negative equity and foreclosure: Theory and evidence (2008)The fundamental principles of financial regulation (2009)The Efficiency of the Market for Single-Family Homes (1988)Loss Aversion and Seller Behavior: Evidence from the Housing Market (2001)Portfolio Choice in the Presence of Housing (2004)Assessing High House Prices: Bubbles, Fundamentals and Misperceptions (2005)An Intertemporal Capital Asset Pricing Model (1973)The Econometrics of Financial Markets (1997)The Econometrics of Financial Markets (2012)Optimum consumption and portfolio rules in a continuous-time model (1971)Common risk factors in the returns on stocks and bonds (1993)Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth (2007)Financial Literacy and Stock Market Participation (2007)The Economic Importance of Financial Literacy: Theory and Evidence (2014)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market (2012)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)The Limits of Arbitrage (1995)
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References

  • 2006Household Finance2,456 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 2006Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets1,566 cited
  • 2009Understanding the Subprime Mortgage Crisis1,012 cited
  • 1995Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects919 cited
  • 2000Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options794 cited
  • 2015Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints∗751 cited
  • 2006Housing, consumption and asset pricing720 cited
  • 2009The Rise in Mortgage Defaults720 cited
  • 2003Household Risk Management and Optimal Mortgage Choice646 cited
  • 2005Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective637 cited
  • 2010Originate-to-Distribute Model and the Subprime Mortgage Crisis578 cited
  • 2016The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium541 cited
  • 2008Strategic price complexity in retail financial markets☆531 cited
  • 2014The failure of models that predict failure: Distance, incentives, and defaults

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497 cited
  • 2010Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis452 cited
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    • 2013Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market288 cited