Reconciling theory and empirics on the role of unemployment in mortgage default
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DOI: 10.1016/j.jue.2013.10.005
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Citations
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Cited by:
- Niu, Yi & Ding, Chengri, 2015. "Unemployment matters: Improved measures of labor market distress in mortgage default analysis," Regional Science and Urban Economics, Elsevier, vol. 52(C), pages 27-38.
- Fernando Ferreira & Joseph Gyourko, 2015. "A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012," NBER Working Papers 21261, National Bureau of Economic Research, Inc.
- Christopher L. Foote & Paul S. Willen, 2018.
"Mortgage-Default Research and the Recent Foreclosure Crisis,"
Annual Review of Financial Economics, Annual Reviews, vol. 10(1), pages 59-100, November.
- Christopher L. Foote & Paul S. Willen, 2017. "Mortgage-default research and the recent foreclosure crisis," Working Papers 17-13, Federal Reserve Bank of Boston.
- Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2018.
"Can’t Pay or Won’t Pay? Unemployment, Negative Equity, and Strategic Default,"
Review of Financial Studies, Society for Financial Studies, vol. 31(3), pages 1098-1131.
- Kristopher S. Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2013. "Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default," FRB Atlanta Working Paper 2013-04, Federal Reserve Bank of Atlanta.
- Kristopher S. Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2015. "Can't pay or won't pay?: unemployment, negative equity, and strategic default," Working Papers 15-13, Federal Reserve Bank of Boston.
- Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2015. "Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default," NBER Working Papers 21630, National Bureau of Economic Research, Inc.
- Egle Jakucionyte & Swapnil Singh, 2019. "Mortgage Foreclosure Risk After the Great Recession," Bank of Lithuania Working Paper Series 69, Bank of Lithuania.
- Lazarov, Vladimir & Hinterschweiger, Marc, 2018. "Determinants of distress in the UK owner-occupier and buy-to-let mortgage markets," Bank of England working papers 760, Bank of England.
- Kelly, Robert & McCann, Fergal, 2016.
"Some defaults are deeper than others: Understanding long-term mortgage arrears,"
Journal of Banking & Finance, Elsevier, vol. 72(C), pages 15-27.
- Kelly, Robert & McCann, Fergal, 2015. "Some defaults are deeper than others: Understanding long-term mortgage arrears," Research Technical Papers 05/RT/15, Central Bank of Ireland.
- Kevin Bazer & Sílvio Rendon, 2021. "Individual and Local Effects of Unemployment on Mortgage Defaults," Working Papers 21-39, Federal Reserve Bank of Philadelphia.
- Dietsch, Michel & Petey, Joël, 2015. "The credit-risk implications of home ownership promotion: The effects of public subsidies and adjustable-rate loans," Journal of Housing Economics, Elsevier, vol. 28(C), pages 103-120.
- Andrew Caplin & Anna Cororaton & Joseph Tracy, 2015.
"Is the FHA Creating Sustainable Homeownership?,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(4), pages 957-992, November.
- Andrew Caplin & Anna Cororaton & Joseph Tracy, 2012. "Is the FHA Creating Sustainable Homeownership?," NBER Working Papers 18190, National Bureau of Economic Research, Inc.
- Thomas Schelkle, 2018.
"Mortgage Default during the U.S. Mortgage Crisis,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(6), pages 1101-1137, September.
- Thomas Schelkle, 2012. "Mortgage Default during the U.S. Mortgage Crisis," 2012 Meeting Papers 751, Society for Economic Dynamics.
- Thomas Schelkle, 2014. "Mortgage Default during the U.S. Mortgage Crisis," Working Paper Series in Economics 72, University of Cologne, Department of Economics.
- Mueller, Holger M. & Yannelis, Constantine, 2019. "The rise in student loan defaults," Journal of Financial Economics, Elsevier, vol. 131(1), pages 1-19.
- Chauvet, Marcelle & Gabriel, Stuart & Lutz, Chandler, 2016. "Mortgage default risk: New evidence from internet search queries," Journal of Urban Economics, Elsevier, vol. 96(C), pages 91-111.
- Kelly, Jane & Mazza, Elena, 2019. "Mortgage servicing burdens and LTI caps," Financial Stability Notes 13/FS/19, Central Bank of Ireland.
- O’Toole, Conor & Slaymaker, Rachel, 2021.
"Repayment capacity, debt service ratios and mortgage default: An exploration in crisis and non-crisis periods,"
Journal of Banking & Finance, Elsevier, vol. 133(C).
- O'Toole, Conor & Slaymaker, Rachel, 2020. "Repayment capacity, debt service ratios and mortgage default: An exploration in crisis and non-crisis periods," Papers WP652, Economic and Social Research Institute (ESRI).
- Dendramis, Y. & Tzavalis, E. & Adraktas, G., 2018. "Credit risk modelling under recessionary and financially distressed conditions," Journal of Banking & Finance, Elsevier, vol. 91(C), pages 160-175.
- Francesca Castelli & Damien Moore & Gabriel Ehrlich & Jeffrey Perry, 2014. "Modeling the Budgetary Costs of FHA's Single Family Mortgage Insurance: Working Paper 2014-05," Working Papers 45711, Congressional Budget Office.
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"Beyond Okun’s law: output growth and labor market flows,"
Empirical Economics, Springer, vol. 60(3), pages 1387-1409, March.
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- Li, Phillip & Mayock, Tom, 2019. "Mortgage characteristics and the racial incidence of default," Journal of Housing Economics, Elsevier, vol. 46(C).
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Keywords
Mortgage default; Unemployment; FHA;All these keywords.
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