Zobrazeno 1 - 10
of 22
pro vyhledávání: '"Stephen H. Shore"'
Publikováno v:
Journal of Money, Credit and Banking. 54:1369-1405
We study consumers’ responses to removing a saving constraint. Mortgage run-offs predictably relax a saving constraint for borrowers whose mortgage committed them to save by paying down principal. Using the entire Danish population, we identify mor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4ec438b02148f484bd6f33d8c9e454d3
https://doi.org/10.1111/jmcb.12879
https://doi.org/10.1111/jmcb.12879
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::50c802a498428274eff7de276c3c68e1
https://doi.org/10.2139/ssrn.3929901
https://doi.org/10.2139/ssrn.3929901
Autor:
Stephen H. Shore, Philippe d’Astous
Publikováno v:
Journal of Financial and Quantitative Analysis. 52:1705-1730
We use credit card data to estimate the impact of increasing minimum payments on delinquency, payments, spending, and write-offs. Our identification strategy exploits an unusual institutional feature: Borrowers can use their account to make purchases
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::70e4980bd8fbcc3b124a491c9657e9ca
https://doi.org/10.1017/s0022109017000412
https://doi.org/10.1017/s0022109017000412
Publikováno v:
Quantitative Economics. 8:553-587
How important to well‐being is choosing a career with the right fit? We estimate a model of career choice in a setting where we observe the income risk of chosen careers and the risk aversion of the people who choose them. The key parameter of inte
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::64d68091cfe631d3270315b5f58443ca
https://doi.org/10.3982/qe424
https://doi.org/10.3982/qe424
Publikováno v:
Review of Financial Studies. 29:2850-2883
The Home Affordable Modification Program’s (HAMP’s) Principal Reduction Alternative (PRA) is a government-sponsored program to reduce the principal balances and monthly mortgage payments of troubled borrowers. We examine the effect of p
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a190ef0f50e19ad76936e7ebc5bdcdfc
https://doi.org/10.1093/rfs/hhw034
https://doi.org/10.1093/rfs/hhw034
Autor:
Stephen H. Shore, Shane T. Jensen
Publikováno v:
Journal of Human Resources. 50:811-836
Recent research has documented a rise in the volatility of individual labor earnings in the United States since 1970. Existing measures of this trend abstract from within-group latent heterogeneity, effectively estimating an increase in average volat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::de41cdb48cd64ad654c716599cab8dd2
https://doi.org/10.3368/jhr.50.3.811
https://doi.org/10.3368/jhr.50.3.811
Publikováno v:
SSRN Electronic Journal.
We study how individuals respond to the removal of a saving constraint. Mortgage run-offs predictably relax a saving constraint for borrowers who chose mortgage contracts that committed them to effectively save by paying down mortgage principal. Usin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3cffe2b89df591ca14602787b5ebe5d1
https://doi.org/10.2139/ssrn.3037449
https://doi.org/10.2139/ssrn.3037449
Autor:
Stephen H. Shore, Colleen Carey
Publikováno v:
Review of Economics and Statistics. 95:549-562
Countercyclical variation in individuals' idiosyncratic labor income risk could generate substantial welfare costs. Following past research, we infer income volatility—the variance of permanent income shocks, a standard proxy for income risk—from
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::86ca2b510d89e3f05876cdbc40536d16
http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00299
http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00299
Autor:
Stephen H. Shore, Shane T. Jensen
Publikováno v:
Journal of the American Statistical Association. 106:1280-1290
Research on income risk typically treats its proxy—income volatility, the expected magnitude of income changes—as if it were unchanged for an individual over time, the same for everyone at a point in time, or both. In reality, income risk evolves
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d05d6cc7fadb0fd5a8304ca19e168f20
https://doi.org/10.1198/jasa.2011.ap09283
https://doi.org/10.1198/jasa.2011.ap09283
Autor:
Stephen H. Shore
Publikováno v:
Journal of Business & Economic Statistics. 29:372-381
This article examines the intergenerational transmission of income risk. Do risky parents have risky kids? Income volatility—a proxy for income risk—is not observed directly; instead, it must be estimated with substantial error from the time seri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8949692cb1fcf35269b4cda1ac77a963
https://doi.org/10.1198/jbes.2011.08091
https://doi.org/10.1198/jbes.2011.08091