Matches in SemOpenAlex for { <https://semopenalex.org/work/W2559731349> ?p ?o ?g. }
- W2559731349 abstract "In this paper, we use two comprehensive micro datasets to study the evolution of the distribution of mortgage debt during the 2000s housing boom. We show that the allocation of mortgage debt remained stable, as did the distribution of real estate assets. We propose that any theory of the boom must replicate this fact. Using a general equilibrium model, we show that this requires two elements: (1) an exogenous shock to the economy that increases expected house price growth or, alternatively, reduces interest rates and (2) financial markets that endogenously relax constraints in response to the shock. The role played by subprime mortgage debt provides additional empirical evidence that this narrative mirrors reality." @default.
- W2559731349 created "2016-12-08" @default.
- W2559731349 creator A5035252650 @default.
- W2559731349 creator A5038931983 @default.
- W2559731349 creator A5045514396 @default.
- W2559731349 date "2019-10-16" @default.
- W2559731349 modified "2023-09-27" @default.
- W2559731349 title "Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications" @default.
- W2559731349 cites W1588110326 @default.
- W2559731349 cites W1599471344 @default.
- W2559731349 cites W1600319693 @default.
- W2559731349 cites W2018860451 @default.
- W2559731349 cites W2052115379 @default.
- W2559731349 cites W2052336167 @default.
- W2559731349 cites W2075614656 @default.
- W2559731349 cites W2097587161 @default.
- W2559731349 cites W2097838138 @default.
- W2559731349 cites W2106127259 @default.
- W2559731349 cites W2118502261 @default.
- W2559731349 cites W2138630966 @default.
- W2559731349 cites W2166528517 @default.
- W2559731349 cites W2252394979 @default.
- W2559731349 cites W2285377271 @default.
- W2559731349 cites W2544061846 @default.
- W2559731349 cites W2555669971 @default.
- W2559731349 cites W2796469246 @default.
- W2559731349 cites W3121215921 @default.
- W2559731349 cites W3122049385 @default.
- W2559731349 cites W3122159404 @default.
- W2559731349 cites W3122740109 @default.
- W2559731349 cites W3122811247 @default.
- W2559731349 cites W3123062296 @default.
- W2559731349 cites W3123586121 @default.
- W2559731349 cites W3123593850 @default.
- W2559731349 cites W3123831831 @default.
- W2559731349 cites W3124426380 @default.
- W2559731349 cites W3124520465 @default.
- W2559731349 cites W3125296888 @default.
- W2559731349 cites W3125812377 @default.
- W2559731349 cites W3126028571 @default.
- W2559731349 cites W4211239526 @default.
- W2559731349 cites W4214808610 @default.
- W2559731349 cites W4229643344 @default.
- W2559731349 cites W4230073459 @default.
- W2559731349 cites W4238039392 @default.
- W2559731349 cites W4256240690 @default.
- W2559731349 doi "https://doi.org/10.26509/frbc-wp-201919" @default.
- W2559731349 hasPublicationYear "2019" @default.
- W2559731349 type Work @default.
- W2559731349 sameAs 2559731349 @default.
- W2559731349 citedByCount "5" @default.
- W2559731349 countsByYear W25597313492018 @default.
- W2559731349 countsByYear W25597313492019 @default.
- W2559731349 countsByYear W25597313492021 @default.
- W2559731349 crossrefType "report-series" @default.
- W2559731349 hasAuthorship W2559731349A5035252650 @default.
- W2559731349 hasAuthorship W2559731349A5038931983 @default.
- W2559731349 hasAuthorship W2559731349A5045514396 @default.
- W2559731349 hasBestOaLocation W25597313491 @default.
- W2559731349 hasConcept C10138342 @default.
- W2559731349 hasConcept C105795698 @default.
- W2559731349 hasConcept C110121322 @default.
- W2559731349 hasConcept C120527767 @default.
- W2559731349 hasConcept C126322002 @default.
- W2559731349 hasConcept C127413603 @default.
- W2559731349 hasConcept C134306372 @default.
- W2559731349 hasConcept C141441539 @default.
- W2559731349 hasConcept C162324750 @default.
- W2559731349 hasConcept C165060548 @default.
- W2559731349 hasConcept C22738907 @default.
- W2559731349 hasConcept C2781162219 @default.
- W2559731349 hasConcept C2781300812 @default.
- W2559731349 hasConcept C33923547 @default.
- W2559731349 hasConcept C556758197 @default.
- W2559731349 hasConcept C68799949 @default.
- W2559731349 hasConcept C71924100 @default.
- W2559731349 hasConcept C82279013 @default.
- W2559731349 hasConcept C87717796 @default.
- W2559731349 hasConcept C97330809 @default.
- W2559731349 hasConceptScore W2559731349C10138342 @default.
- W2559731349 hasConceptScore W2559731349C105795698 @default.
- W2559731349 hasConceptScore W2559731349C110121322 @default.
- W2559731349 hasConceptScore W2559731349C120527767 @default.
- W2559731349 hasConceptScore W2559731349C126322002 @default.
- W2559731349 hasConceptScore W2559731349C127413603 @default.
- W2559731349 hasConceptScore W2559731349C134306372 @default.
- W2559731349 hasConceptScore W2559731349C141441539 @default.
- W2559731349 hasConceptScore W2559731349C162324750 @default.
- W2559731349 hasConceptScore W2559731349C165060548 @default.
- W2559731349 hasConceptScore W2559731349C22738907 @default.
- W2559731349 hasConceptScore W2559731349C2781162219 @default.
- W2559731349 hasConceptScore W2559731349C2781300812 @default.
- W2559731349 hasConceptScore W2559731349C33923547 @default.
- W2559731349 hasConceptScore W2559731349C556758197 @default.
- W2559731349 hasConceptScore W2559731349C68799949 @default.
- W2559731349 hasConceptScore W2559731349C71924100 @default.
- W2559731349 hasConceptScore W2559731349C82279013 @default.
- W2559731349 hasConceptScore W2559731349C87717796 @default.
- W2559731349 hasConceptScore W2559731349C97330809 @default.
- W2559731349 hasLocation W25597313491 @default.