Zobrazeno 1 - 10
of 49
pro vyhledávání: '"Benjamin J. Keys"'
Publikováno v:
The Review of Financial Studies. 36:42-69
We use credit report data to study consumer financial distress in America. We report large, persistent disparities in financial distress across regions. To understand these patterns, we conduct a “movers” analysis. For collections and default, th
Publikováno v:
Annual Review of Financial Economics. 12:67-93
We assess the complicated reality of monetary policy transmission through mortgage markets by synthesizing the existing literature on the role of refinancing in policy implementation. After briefly reviewing mortgage market institutions in the USA an
We show that borrowers are highly sensitive to the requirement of posting their homes as collateral. Using administrative loan application and performance data from the U.S. Federal Disaster Loan Program, we exploit a loan amount threshold above whic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::286ff4a0f0cfcc3632b5a136f41ea7a6
https://doi.org/10.3386/w29527
https://doi.org/10.3386/w29527
Autor:
Jialan Wang, Benjamin J. Keys
Publikováno v:
Journal of Financial Economics. 131:528-548
Using a data set covering one quarter of the U.S. general-purpose credit card market, we document that 29% of accounts regularly make payments at or near the minimum payment. To explain the prevalence of low payment amounts, we exploit changes in iss
Publikováno v:
SSRN Electronic Journal.
Autor:
Benjamin J. Keys, Neil Bhutta
Publikováno v:
SSRN Electronic Journal.
Was the mortgage boom fueled by optimism around house prices, or did misaligned incentives in the mortgage industry also play a role? In this paper, we provide novel evidence of a role for misaligned incentives. We document that private mortgage insu
Autor:
Benjamin J. Keys, Philip Mulder
In this paper, we explore dynamic changes in the capitalization of sea level rise (SLR) risk in housing and mortgage markets. Our results suggest a disconnect in coastal Florida real estate: From 2013-2018, home sales volumes in the most-SLR-exposed
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a9e0ce1eae27c9f5a1ca82a3a88f3bb9
https://doi.org/10.3386/w27930
https://doi.org/10.3386/w27930
We assess the complicated reality of monetary policy transmission through mortgage markets by synthesizing the existing literature on the role of refinancing in policy implementation. After briefly reviewing mortgage market institutions in the U.S. a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::48678717e66568fd055bad1410c324a9
https://doi.org/10.3386/w28039
https://doi.org/10.3386/w28039
Autor:
Caitlin S Gorback, Benjamin J. Keys
Interconnected capital markets allow mobile global capital to flow into immobile local assets. This paper examines how foreign demand affects U.S. housing markets, and uses this demand shock to estimate local price elasticities of supply. Other count
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7093b57ac0ce21d45f35134c3ed013a6
https://doi.org/10.3386/w27370
https://doi.org/10.3386/w27370
We use credit report data for a representative sample of 35 million individuals over 2000-2016 to examine consumer financial distress in the United States. We show there are large, persistent geographic disparities in consumer financial distress, wit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c2c1f5de6e1d4e4b9790001c282a8177
https://doi.org/10.3386/w26808
https://doi.org/10.3386/w26808