House of Debt

178 citations recorded by the source corpus.

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The Great Mortgaging: Housing Finance, Crises, and Business Cycles (2014, unknown): “Complementing the recent influential work of Mian and Sufi (2014) for the United States, our work takes a longer and wider view to show that the blowing up and bursting of private credit booms centered on aggressive mortgage expansion reflects deep processes at work across all of the advanced…”
Bank Capital and Financial Stability: An Economic Trade-Off or a Faustian Bargain? (2014, result): “This is consistent with the Mian & Sufi (2014) evidence on the high levels of precrisis mortgage borrowing by some subprime borrowers who accounted for a large fraction of defaults just prior to and during the 2007–2009 crisis.”
Who Supplies PPP Loans (and Does It Matter)? Banks, Relationships, and the COVID Crisis (2020, unknown): “1For a critique of these actions, see Mian and Sufi (2014).”
Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data (2016, unknown): “Equation (4) can be understood as a generalization of the economy-wide steadystate equation β = s/g where β ≡ W/Y is the ratio of aggregate wealth to income and g the growth rate of income discussed in Piketty and Zucman (2014a,b), and Piketty (2014). Starting from a steady state with shpW = sh p Y ”