Matches in SemOpenAlex for { <https://semopenalex.org/work/W2300959369> ?p ?o ?g. }
Showing items 1 to 78 of
78
with 100 items per page.
- W2300959369 endingPage "52" @default.
- W2300959369 startingPage "33" @default.
- W2300959369 abstract "Executive Summary Home prices in the United States often exhibit little (and sometimes even negative) correlation across different regions. This reflects segmentation in the national housing market and also provides an apparent opportunity for investors to diversify their exposure to regional downturns by creating residential mortgage-backed securities (RMBSs) out of geographically dispersed home loans. Unfortunately, in a crisis, correlations may rise, and the benefits from geographical diversification may disappear just when investors most desire them. Using a flexible generalized autoregressive conditional heteroscedasticity (GARCH) technique, I find that regional correlations indeed rose dramatically during the latest downturn, in some cases to unprecedented levels. Moreover, this increase in co-movement was clearly financial contagion, and not merely interdependence. Investors in mortgage-backed and other housing securities should thus not rely on house price correlations calculated during “normal” t..." @default.
- W2300959369 created "2016-06-24" @default.
- W2300959369 creator A5017824668 @default.
- W2300959369 date "2015-01-01" @default.
- W2300959369 modified "2023-09-24" @default.
- W2300959369 title "Contagion versus Interdependence Across Regional U.S. Housing Markets and Implications for RMBS Geographic Diversification Strategy" @default.
- W2300959369 doi "https://doi.org/10.5555/1083-5547-21.1.33" @default.
- W2300959369 hasPublicationYear "2015" @default.
- W2300959369 type Work @default.
- W2300959369 sameAs 2300959369 @default.
- W2300959369 citedByCount "0" @default.
- W2300959369 crossrefType "journal-article" @default.
- W2300959369 hasAuthorship W2300959369A5017824668 @default.
- W2300959369 hasConcept C101104100 @default.
- W2300959369 hasConcept C10138342 @default.
- W2300959369 hasConcept C106159729 @default.
- W2300959369 hasConcept C139719470 @default.
- W2300959369 hasConcept C144133560 @default.
- W2300959369 hasConcept C149782125 @default.
- W2300959369 hasConcept C162324750 @default.
- W2300959369 hasConcept C162853370 @default.
- W2300959369 hasConcept C165556158 @default.
- W2300959369 hasConcept C180916674 @default.
- W2300959369 hasConcept C23922673 @default.
- W2300959369 hasConcept C2778300220 @default.
- W2300959369 hasConcept C2780743171 @default.
- W2300959369 hasConcept C2992071073 @default.
- W2300959369 hasConcept C2992949716 @default.
- W2300959369 hasConcept C556758197 @default.
- W2300959369 hasConcept C91602232 @default.
- W2300959369 hasConceptScore W2300959369C101104100 @default.
- W2300959369 hasConceptScore W2300959369C10138342 @default.
- W2300959369 hasConceptScore W2300959369C106159729 @default.
- W2300959369 hasConceptScore W2300959369C139719470 @default.
- W2300959369 hasConceptScore W2300959369C144133560 @default.
- W2300959369 hasConceptScore W2300959369C149782125 @default.
- W2300959369 hasConceptScore W2300959369C162324750 @default.
- W2300959369 hasConceptScore W2300959369C162853370 @default.
- W2300959369 hasConceptScore W2300959369C165556158 @default.
- W2300959369 hasConceptScore W2300959369C180916674 @default.
- W2300959369 hasConceptScore W2300959369C23922673 @default.
- W2300959369 hasConceptScore W2300959369C2778300220 @default.
- W2300959369 hasConceptScore W2300959369C2780743171 @default.
- W2300959369 hasConceptScore W2300959369C2992071073 @default.
- W2300959369 hasConceptScore W2300959369C2992949716 @default.
- W2300959369 hasConceptScore W2300959369C556758197 @default.
- W2300959369 hasConceptScore W2300959369C91602232 @default.
- W2300959369 hasIssue "1" @default.
- W2300959369 hasLocation W23009593691 @default.
- W2300959369 hasOpenAccess W2300959369 @default.
- W2300959369 hasPrimaryLocation W23009593691 @default.
- W2300959369 hasRelatedWork W1514861371 @default.
- W2300959369 hasRelatedWork W1524864404 @default.
- W2300959369 hasRelatedWork W1565792687 @default.
- W2300959369 hasRelatedWork W1965426382 @default.
- W2300959369 hasRelatedWork W2023236143 @default.
- W2300959369 hasRelatedWork W2057786078 @default.
- W2300959369 hasRelatedWork W2060500486 @default.
- W2300959369 hasRelatedWork W2077228276 @default.
- W2300959369 hasRelatedWork W2109999695 @default.
- W2300959369 hasRelatedWork W2120695870 @default.
- W2300959369 hasRelatedWork W2166422272 @default.
- W2300959369 hasRelatedWork W2290760677 @default.
- W2300959369 hasRelatedWork W2592182396 @default.
- W2300959369 hasRelatedWork W28459711 @default.
- W2300959369 hasRelatedWork W2900064397 @default.
- W2300959369 hasRelatedWork W3096781779 @default.
- W2300959369 hasRelatedWork W3122990060 @default.
- W2300959369 hasRelatedWork W3144511342 @default.
- W2300959369 hasRelatedWork W89317829 @default.
- W2300959369 hasRelatedWork W2108245695 @default.
- W2300959369 hasVolume "21" @default.
- W2300959369 isParatext "false" @default.
- W2300959369 isRetracted "false" @default.
- W2300959369 magId "2300959369" @default.
- W2300959369 workType "article" @default.