Zobrazeno 1 - 10
of 22
pro vyhledávání: '"Kamila Sommer"'
Publikováno v:
Finance and Economics Discussion Series. 2021:1-61
This paper provides novel evidence that increased student loan debts, caused by rising tuitions, increase borrowers' demand for additional consumer debt, while simultaneously restricting their ability to access it. The net effect of student loan debt
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6f5d8c2f8eb9bbd0f959cc79339ee10a
https://doi.org/10.17016/feds.2021.050
https://doi.org/10.17016/feds.2021.050
Autor:
Kamila Sommer
Publikováno v:
Business Economics. 55:134-137
Anecdotal evidence points to a potential causal link between growing student debt and lower homeownership after the global financial crisis. Our research suggests that while student debt may have reduced the rate of homeownership, it has not been the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6e28ac3ddf7aec13542e98efc185df66
https://doi.org/10.1057/s11369-020-00181-5
https://doi.org/10.1057/s11369-020-00181-5
Publikováno v:
Journal of Labor Economics. 38:215-260
We estimate the effect of student loan debt on subsequent homeownership in a uniquely constructed administrative dataset for a nationally representative cohort. We instrument for the amount of individual student debt using changes to the in-state tui
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a118955039fea9498b7cd035fe305caa
https://doi.org/10.1086/704609
https://doi.org/10.1086/704609
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8775eaa6ec5b50dd51a95b5fe614f7d6
https://doi.org/10.2139/ssrn.4199097
https://doi.org/10.2139/ssrn.4199097
Autor:
Alice Henriques Volz, Sarah Friedman, Sarah Reber, Kamila Sommer, Ella Deeken, Eric Nielsen, Michael Batty, Jesse Bricker
Publikováno v:
FEDS Notes. 2020
In addition to incorporating 2020q2 data from the Financial Accounts, the 2020q2 release of the Distributional Financial Accounts (DFAs) includes three substantial updates. The most consequential is the incorporation of the newly released 2019 Survey
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::20bf529e88e35d37772edee33f44e2bf
https://doi.org/10.17016/2380-7172.2810
https://doi.org/10.17016/2380-7172.2810
Autor:
Kamila Sommer, Paul Sullivan
Publikováno v:
American Economic Review. 108:241-274
This paper studies the impact of the mortgage interest tax deduction on equilibrium house prices, rents, homeownership, and welfare. We build a dynamic model of the housing market that features a realistic progressive tax system in which owner-occupi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::83c06e783021cffce15a9cc85bfa83b6
https://doi.org/10.1257/aer.20141751
https://doi.org/10.1257/aer.20141751
Autor:
Jesse Bricker, Kamila Sommer, Michael Batty, Joseph Briggs, Elizabeth Holmquist, Susan McIntosh, Kevin Moore, Eric Nielsen, Sarah Reber, Molly Shatto, Tom Sweeney, Alice Henriques Volz
Publikováno v:
Finance and Economics Discussion Series. 2019
This paper describes the construction of the Distributional Financial Accounts (DFAs), a new dataset containing quarterly estimates of the distribution of U.S. household wealth since 1989, and provides the first look at the resulting data. The DFAs b
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::88ffcc06a47470bfa5b6f85a98c30f8d
https://doi.org/10.17016/feds.2019.017
https://doi.org/10.17016/feds.2019.017
Autor:
Joseph Briggs, Kevin B. Moore, Alice Henriques Volz, Molly Shatto, Sarah Reber, Susan Hume McIntosh, Michael Batty, Eric Nielsen, Kamila Sommer, Jesse Bricker, Tom Sweeney, Elizabeth Ball Holmquist
Publikováno v:
Finance and Economics Discussion Series. 2019
This paper uses detailed high-frequency regulatory data to evaluate whether trading increases or decreases systemic risk in the U.S. banking sector. We estimate the sensitivity of weekly bank trading net profits to a variety of aggregate risk factors
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c21452680624d22f598635f2f973b9d5
https://doi.org/10.17016/feds.2019.005
https://doi.org/10.17016/feds.2019.005
Autor:
Paul Sullivan, Kamila Sommer
Publikováno v:
SSRN Electronic Journal.
The Tax Cuts and Jobs Act of 2017 (TCJA) reduced the incentive for households to claim itemized deductions that subsidize homeownership and simultaneously lowered income tax rates. We use an equilibrium model to quantify the effects of the TCJA on ho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a9c8eec34a5ab88e387fde3a8ce15955
https://doi.org/10.2139/ssrn.3474116
https://doi.org/10.2139/ssrn.3474116
Publikováno v:
Journal of Housing Economics. 51:101734
We construct a new measure of aggregate housing wealth for the U.S. based on (1) home-value estimates derived from machine learning algorithms applied to detailed information on property characteristics and recent transaction prices, and (2) Census h
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4b986e527d737bad51d235d03dd08a3d
https://doi.org/10.1016/j.jhe.2020.101734
https://doi.org/10.1016/j.jhe.2020.101734