Foreclosures, House Prices, and the Real Economy
By Atif R. Mian. 2011
285 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/1973ec728be1d036a739b4692f4f081aefe375e8
Citations in the corpus
- Mortgage Design in an Equilibrium Model of the Housing Market (2018, unknown): “Mortgage debt also led to the wave of foreclosures that resulted in over six million households losing their homes, badly damaging household balance sheets and crippling the housing market (e.g., Guren and McQuade (2020), Mian, Sufi, and Trebbi (2015)).”
- Mortgage Rates, Household Balance Sheets, and the Real Economy (2014, unknown): “ 6 See, among many others, Keys et al. (2010, 2012, 2013), Mian and Sufi (2009), Mian et al. (2011), and Favilukis, Ludvingson, and Van Nieuwerburgh (2013), Piskorski et al (2014).”
- Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program (2016, unknown): “…evaluating the impact of foreclosures, falling house prices, and high levels of debt on economic outcomes (e.g., Mian and Sufi 2010; Melzer 2010; Mian et al. 2011; Campbell et al. 2011; and Mian and Sufi 2012).7 Finally, our findings investigating the possibility of crowding-out of private…”
- Mortgage Market Design (2012, unknown): “Mian et al. (2011) argue that US states that slow down foreclosures have recently performed better than those that allow rapid foreclosures; Gerardi et al. (2011) counter that slower foreclosures still take place eventually, generating the same or perhaps even greater external e¤ects as houses are…”
- Credit Misallocation During the European Financial Crisis (2017, unknown): “This in turn can mitigate the adverse aggregate demand externalities that are so important during a recession (Mian et al. 2015).”
- Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program (2015, unknown): “It also potentially lowered the likelihood of delinquencies and subsequent foreclosures that may result in substantial deadweight losses (Mian et al. 2011).”
- Housing Market Responses to Transaction Taxes: Evidence From Notches and Stimulus in the U.K (2018, unknown): “Second, the housing market has been seen as an important transmission mechanism in the current financial crisis in which case a policy that stabilizes this market can have important spillover effects on the real economy (e.g. Mian et al. 2012, 2013).”