This paper shows how different housing submarkets are linked by residential vacancy chains – the series of moves across housing units initiated by the construction of new…
John Campbell, Howell Jackson, Brigitte Madrian, Peter Tufano
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August 31, 2010
MF10-12: The recent financial crisis has led many to question how well businesses deliver consumer financial services and how well regulatory institutions address…
MF10-8: The collapse of the credit markets revealed that information critical to assessing the quality of many mortgage backed securities was unavailable. When subprime…
MF10-4: There are three moving forces that are central to understanding the role of government sponsored institutions in the mortgage market. Understanding these forces…
UCC08-7: The collapse of the subprime mortgage market has revealed many flaws in the financingof home mortgages in the United States. Financial firms may have been too…