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Felipe Severino

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Adelino, Manuel & Schoar, Antoinette & Severino, Felipe, 2018. "Perception of House Price Risk and Homeownership," CEPR Discussion Papers 13195, Centre for Economic Policy Research.

    Cited by:

    1. Joseph Briggs & Christopher Tonetti, 2019. "Risky Insurance: Insurance Portfolio Choice with Incomplete Markets," 2019 Meeting Papers 1388, Society for Economic Dynamics.
    2. Sarah Kiesl-Reiter & Melanie Lührmann & Jonathan Shaw & Joachim Winter, 2025. "The formation of subjective house price expectations: the role of perceptions and local economic conditions," IFS Working Papers W25/58, Institute for Fiscal Studies.
    3. Ulrike Malmendier & Alexandra Steiny Wellsjo, 2024. "Rent or Buy? Inflation Experiences and Homeownership within and across Countries," Journal of Finance, American Finance Association, vol. 79(3), pages 1977-2023, June.
    4. Rowan Arundel & Richard Ronald, 2021. "The false promise of homeownership: Homeowner societies in an era of declining access and rising inequality," Urban Studies, Urban Studies Journal Limited, vol. 58(6), pages 1120-1140, May.
    5. Geng Li & Nitish R. Sinha, 2023. "Are Real Assets Owners Less Averse to Inflation? Evidence from Consumer Sentiments and Inflation Expectations," Finance and Economics Discussion Series 2023-058, Board of Governors of the Federal Reserve System (U.S.).
    6. Zhang, Yu & Yang, Ge & Li, Muhan & Yao, Mengjie, 2024. "Pre-marital homeownership as self-protection against divorce risks: Evidence from China's property division regime change," China Economic Review, Elsevier, vol. 87(C).
    7. Francesco D’Acunto & Ulrike Malmendier & Juan Ospina & Michael Weber, 2019. "Exposure to Daily Price Changes and Inflation Expectations," NBER Working Papers 26237, National Bureau of Economic Research, Inc.
    8. Matteo Benetton & Philippe Bracke & João F Cocco & Nicola Garbarinoifo, 2022. "Housing Consumption and Investment: Evidence from Shared Equity Mortgages," The Review of Financial Studies, Society for Financial Studies, vol. 35(8), pages 3525-3573.
    9. Le Blanc, Julia & Slacalek, Jiri & White, Matthew N., 2025. "Housing wealth across countries: the role of expectations, institutions and preferences," Working Paper Series 3021, European Central Bank.
    10. Isaiah Hull & Conny Olovsson & Karl Walentin & Andreas Westermark, 2022. "Manufacturing Decline and House Price Volatility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 45, pages 264-281, July.
    11. Han, Bing & Han, Lu & Zhou, Zhengyi, 2020. "Housing Market and Entrepreneurship: Micro Evidence from China," MPRA Paper 102597, University Library of Munich, Germany, revised 17 Aug 2020.
    12. Hie Joo Ahn & Choongryul Yang, 2022. "Effects of Monetary Policy on Household Expectations: The Role of Homeownership," Finance and Economics Discussion Series 2022-065, Board of Governors of the Federal Reserve System (U.S.).
    13. Itzhak Ben-David & Elyas Fermand & Camelia M. Kuhnen & Geng Li, 2018. "Expectations Uncertainty and Household Economic Behavior," NBER Working Papers 25336, National Bureau of Economic Research, Inc.
    14. Gupta, Arpit & Hansman, Christopher & Mabille, Pierre, 2025. "Financial constraints and the racial housing gap," Journal of Financial Economics, Elsevier, vol. 173(C).
    15. Kindermann, Fabian & Le Blanc, Julia & Piazzesi, Monika & Schneider, Martin, 2021. "Learning about Housing Cost: Survey Evidence from the German House Price Boom," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242386, Verein für Socialpolitik / German Economic Association.
    16. Zhou, Zhengyi, 2025. "House price co-movement and labor migration: Evidence from China," Emerging Markets Review, Elsevier, vol. 69(C).
    17. Liu, Haoyang & Palmer, Christopher, 2026. "Implicit extrapolation and the beliefs channel of investment demand," Journal of Financial Economics, Elsevier, vol. 175(C).
    18. Grundl, Serafin & Kim, You Suk, 2021. "The marginal effect of government mortgage guarantees on homeownership," Journal of Monetary Economics, Elsevier, vol. 119(C), pages 75-89.
    19. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
    20. Tokuoka, Kiichi, 2025. "Do lifelong experiences of land prices affect homeownership in Japan?," Japan and the World Economy, Elsevier, vol. 75(C).

  2. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2017. "Dynamics of Housing Debt in the Recent Boom and Great Recession," NBER Working Papers 23502, National Bureau of Economic Research, Inc.

    Cited by:

    1. Griffin, John M. & Kruger, Samuel & Maturana, Gonzalo, 2021. "What drove the 2003–2006 house price boom and subsequent collapse? Disentangling competing explanations," Journal of Financial Economics, Elsevier, vol. 141(3), pages 1007-1035.
    2. Ono, Arito & Uchida, Hirofumi & Udell, Gregory F. & Uesugi, Iichiro, 2021. "Lending pro-cyclicality and macroprudential policy: Evidence from Japanese LTV ratios," Journal of Financial Stability, Elsevier, vol. 53(C).
    3. Daniel Ringo, 2023. "Mortgage Lending, Default, and the Community Reinvestment Act," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(1), pages 77-102, February.
    4. Klaus Adam & Oliver Pfäuti & Timo Reinelt, 2020. "Falling Natural Rates, Rising Housing Volatility and the Optimal Inflation Target," CRC TR 224 Discussion Paper Series crctr224_2020_235, University of Bonn and University of Mannheim, Germany.
    5. Margaret Jacobson, 2019. "Beliefs, Aggregate Risk, and the U.S. Housing Boom," 2019 Meeting Papers 1549, Society for Economic Dynamics.
    6. Atif Mian & Ludwig Straub & Amir Sufi, 2021. "The Saving Glut of the Rich," Working Papers 2021-70, Princeton University. Economics Department..
    7. Cañizares Martínez, Carlos, 2025. "Dating housing booms fueled by credit: A Markov switching approach," Journal of Financial Stability, Elsevier, vol. 78(C).
    8. Kaiji Chen & Qing Wang & Tong Xu & Tao Zha, 2025. "Aggregate and distributional impacts of LTV policy in China," Quantitative Economics, Econometric Society, vol. 16(4), pages 1361-1408, November.
    9. Eunseong Ma & Sarah Zubairy, 2021. "Homeownership And Housing Transitions: Explaining The Demographic Composition," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(2), pages 599-638, May.
    10. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2018. "Perception of House Price Risk and Homeownership," NBER Working Papers 25090, National Bureau of Economic Research, Inc.
    11. S. Boragan Aruoba & Ronel Elul & Sebnem Kalemli Ozcan, 2022. "Housing Wealth and Consumption: The Role of Heterogeneous Credit Constraints," Working Papers 22-34, Federal Reserve Bank of Philadelphia.
    12. Carlos Canizares Martinez, 2023. "Leaning against housing booms fueled by credit," Working Papers 513, University of Milano-Bicocca, Department of Economics.
    13. Larson, William D. & Makridis, Christos A. & Redmer, Chad A., 2025. "Borrower expectations and mortgage performance: Evidence from the COVID-19 pandemic," Journal of Financial Intermediation, Elsevier, vol. 64(C).
    14. Albanesi, Stefania & DeGiorgi, Giacomo & Nosal, Jaromir, 2022. "Credit growth and the financial crisis: A new narrative," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 118-139.
    15. Manuel Adelino & William B. McCartney & Antoinette Schoar, 2020. "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," NBER Working Papers 27499, National Bureau of Economic Research, Inc.
    16. Despina Gavresi & Anastasia Litina & Christos A. Makridis, 2024. "Split personalities? Behavioral effects of temperature on financial decision‐making," Kyklos, Wiley Blackwell, vol. 77(3), pages 664-689, August.
    17. Manuel Adelino & W. Ben McCartney & Antoinette Schoar, 2020. "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," Working Papers 20-40, Federal Reserve Bank of Philadelphia.
    18. Sarah Kiesl-Reiter & Melanie Lührmann & Jonathan Shaw & Joachim Winter, 2024. "The Formation of Subjective House Price Expectations," Rationality and Competition Discussion Paper Series 491, CRC TRR 190 Rationality and Competition.
    19. Atif Mian & Ludwig Straub & Amir Sufi, 2020. "The Saving Glut of the Rich and the Rise in Household Debt," CESifo Working Paper Series 8201, CESifo.
    20. Hu, Debao & Guo, Fang & Shang, Jianing & Zhang, Xinyue, 2024. "Does digital finance increase household risk-taking? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 1197-1210.
    21. William D. Larson & Andrew B. Martinez, 2024. "House Prices, Debt Burdens, and the Heterogeneous Effects of Mortgage Rate Shocks," Working Papers 2024-002, The George Washington University, The Center for Economic Research.
    22. Nadav Ben Zeev, 2019. "Adjustable-Rate Mortgages, Systematic Monetary Policy, And The Root Cause Of The Financial Crisis," Working Papers 1908, Ben-Gurion University of the Negev, Department of Economics.
    23. Adam J. Levitin & Desen Lin & Susan M. Wachter, 2020. "Mortgage Risk Premiums during the Housing Bubble," The Journal of Real Estate Finance and Economics, Springer, vol. 60(4), pages 421-468, May.
    24. Morris A Davis & William D Larson & Stephen D Oliner & Benjamin R Smith, 2023. "A Quarter Century of Mortgage Risk," Review of Finance, European Finance Association, vol. 27(2), pages 581-618.
    25. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).

  3. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2015. "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class," NBER Working Papers 20848, National Bureau of Economic Research, Inc.

    Cited by:

    1. Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2016. "A simple model of subprime borrowers and credit growth," Staff Reports 766, Federal Reserve Bank of New York.
    2. Juan Ospina & Harald Uhlig, 2018. "Mortgage-Backed Securities and the Financial Crisis of 2008: a Post Mortem," NBER Working Papers 24509, National Bureau of Economic Research, Inc.
    3. Badarinza, Cristian & Campbell, John Y. & Ramadorai, Tarun, 2016. "International Comparative Household Finance," Scholarly Articles 27535132, Harvard University Department of Economics.
    4. Samuel Dodini & Donald R. Haurin & Stephanie Moulton & Maximilian D. Schmeiser, 2015. "How House Price Dynamics and Credit Constraints affect the Equity Extraction of Senior Homeowners," Finance and Economics Discussion Series 2015-70, Board of Governors of the Federal Reserve System (U.S.).
    5. Conklin, James N. & Frame, W. Scott & Gerardi, Kristopher & Liu, Haoyang, 2022. "Villains or scapegoats? The role of subprime borrowers in driving the U.S. housing boom," Journal of Financial Intermediation, Elsevier, vol. 51(C).
    6. Tomas Williams, 2017. "Capital Inflows, Sovereign Debt and Bank Lending: Micro-Evidence from an Emerging Market," Working Papers 2017-12, The George Washington University, Institute for International Economic Policy.
    7. Atif R. Mian & Amir Sufi, 2015. "Fraudulent Income Overstatement on Mortgage Applications during the Credit Expansion of 2002 to 2005," NBER Working Papers 20947, National Bureau of Economic Research, Inc.
    8. Atif Mian & Amir Sufi, 2015. "Household Debt and Defaults from 2000 to 2010: Facts from Credit Bureau Data," NBER Working Papers 21203, National Bureau of Economic Research, Inc.
    9. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2015. "Loan Originations and Defaults in the Mortgage Crisis: Further Evidence," NBER Working Papers 21320, National Bureau of Economic Research, Inc.
    10. Piazzesi, M. & Schneider, M., 2016. "Housing and Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1547-1640, Elsevier.
    11. Mr. Divya Kirti, 2018. "Lending Standards and Output Growth," IMF Working Papers 2018/023, International Monetary Fund.
    12. Stefania Albanesi, 2016. "Credit Growth and the Financial Crisis: A New Narrative," 2016 Meeting Papers 575, Society for Economic Dynamics.
    13. Arthur Acolin & Jesse Bricker & Paul Calem & Susan Wachter, 2016. "Borrowing Constraints and Homeownership," American Economic Review, American Economic Association, vol. 106(5), pages 625-629, May.

  4. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2015. "Loan Originations and Defaults in the Mortgage Crisis: Further Evidence," NBER Working Papers 21320, National Bureau of Economic Research, Inc.

    Cited by:

    1. C. Labonne & C. Welter-Nicol, 2015. "MERCURE : Cheap Credit, Unaffordable Houses?," Débats Economiques et financiers 20, Banque de France.
    2. Alejandro Justiniano & Giorgio E. Primiceri & Andrea Tambalotti, 2016. "A simple model of subprime borrowers and credit growth," Staff Reports 766, Federal Reserve Bank of New York.
    3. Samuel Dodini & Donald R. Haurin & Stephanie Moulton & Maximilian D. Schmeiser, 2015. "How House Price Dynamics and Credit Constraints affect the Equity Extraction of Senior Homeowners," Finance and Economics Discussion Series 2015-70, Board of Governors of the Federal Reserve System (U.S.).
    4. Conklin, James N. & Frame, W. Scott & Gerardi, Kristopher & Liu, Haoyang, 2022. "Villains or scapegoats? The role of subprime borrowers in driving the U.S. housing boom," Journal of Financial Intermediation, Elsevier, vol. 51(C).
    5. Kirti, Divya, 2018. "Lending standards and output growth," ESRB Working Paper Series 79, European Systemic Risk Board.
    6. Piazzesi, M. & Schneider, M., 2016. "Housing and Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1547-1640, Elsevier.
    7. Cristian Badarinza & John Y. Campbell & Tarun Ramadorai, 2016. "International Comparative Household Finance," NBER Working Papers 22066, National Bureau of Economic Research, Inc.
    8. Stefania Albanesi, 2016. "Credit Growth and the Financial Crisis: A New Narrative," 2016 Meeting Papers 575, Society for Economic Dynamics.

  5. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2013. "House Prices, Collateral and Self-Employment," NBER Working Papers 18868, National Bureau of Economic Research, Inc.

    Cited by:

    1. Osei, Michael J. & Winters, John V., 2018. "Labor Demand Shocks and Housing Prices across the US: Does One Size Fit All?," IZA Discussion Papers 11636, IZA Network @ LISER.
    2. Bracke, Philippe & Hilber, Christian A. L. & Silva, Olmo, 2018. "Mortgage debt and entrepreneurship," LSE Research Online Documents on Economics 84703, London School of Economics and Political Science, LSE Library.
    3. Martin C. Schmalz & David A. Sraer & David Thesmar, 2013. "Housing Collateral and Entrepreneurship," NBER Working Papers 19680, National Bureau of Economic Research, Inc.
    4. Xinheng Li & Tao Fu, 2025. "Urban housing demolition and entrepreneurship in China," Empirical Economics, Springer, vol. 69(2), pages 891-914, August.
    5. Philippe Aghion & Ufuk Akcigit & Matthieu Lequien & Stefanie Stantcheva, 2018. "Tax Simplicity and Heterogeneous Learning," Working papers 665, Banque de France.
    6. Hau, Harald & Ouyang, Difei, 2024. "Can real estate booms hurt firms? Evidence on investment substitution," Journal of Urban Economics, Elsevier, vol. 144(C).
    7. de Ridder, M., 2016. "Investment in Productivity and the Long-Run Effect of Financial Crises on Output," Cambridge Working Papers in Economics 1659, Faculty of Economics, University of Cambridge.
    8. Alon, Titan & Berger, David & Dent, Robert & Pugsley, Benjamin, 2018. "Older and slower: The startup deficit’s lasting effects on aggregate productivity growth," Journal of Monetary Economics, Elsevier, vol. 93(C), pages 68-85.
    9. Thais Lærkholm Jensen & Søren Leth-Petersen & Ramana Nanda, 2014. "Financing Constraints, Home Equity and Selection into Entrepreneurship," NBER Working Papers 20583, National Bureau of Economic Research, Inc.
    10. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship," Working Papers 2017-011, Human Capital and Economic Opportunity Working Group.
    11. Gambacorta, Leonardo & Huang, Yiping & Li, Zhenhua & Qiu, Han & Chen, Shu, 2020. "Data vs collateral," CEPR Discussion Papers 15262, Centre for Economic Policy Research.
    12. Ströbel, Johannes & Kuchler, Theresa & Bailey, Michael & Cao, Ruiqing, 2016. "Social Networks and Housing Markets," CEPR Discussion Papers 11272, Centre for Economic Policy Research.
    13. Arun Gupta & Horacio Sapriza, 2022. "Do Costly Internal Equity Injections Reveal Bank Expectations about Post-Crisis Real Outcomes?," Working Paper 23-03, Federal Reserve Bank of Richmond.
    14. Xing, Qiuhang & Xu, Gaoshuang & Wang, Yanping, 2024. "Open government data and the cost of debt," International Review of Financial Analysis, Elsevier, vol. 95(PA).
    15. Ellis Connolly & Gianni La Cava & Matthew Read, 2015. "Housing Prices and Entrepreneurship: Evidence for the Housing Collateral Channel in Australia," RBA Annual Conference Volume (Discontinued), in: Angus Moore & John Simon (ed.),Small Business Conditions and Finance, Reserve Bank of Australia.
    16. Michael J. Osei & John V. Winters, 2019. "Labor Demand Shocks and Housing Prices Across the United States: Does One Size Fit All?," Economic Development Quarterly, , vol. 33(3), pages 212-219, August.
    17. Cuñat, Vicente & Cvijanovic, Dragana & Yuan, Kathy, 2018. "Within-bank spillovers of real estate shocks," LSE Research Online Documents on Economics 87374, London School of Economics and Political Science, LSE Library.
    18. Nuri Ersahin & Rustom M. Irani, 2015. "Collateral Values and Corporate Employment," Working Papers 15-30, Center for Economic Studies, U.S. Census Bureau.
    19. Ester Muñoz-Céspedes & Raquel Ibar-Alonso & Miguel Cuerdo-Mir, 2024. "Individual entrepreneurial behavior and financial literacy," International Entrepreneurship and Management Journal, Springer, vol. 20(3), pages 2263-2285, September.
    20. Ströbel, Johannes & Vavra, Joseph, 2015. "House Prices, Local Demand, and Retail Prices," CEPR Discussion Papers 10612, Centre for Economic Policy Research.
    21. Martin, Alberto & Moral-Benito, Enrique & Schmitz, Tom, 2019. "The financial transmission of housing bubbles: evidence from Spain," Working Paper Series 2245, European Central Bank.
    22. Smolyansky, Michael, 2019. "Policy externalities and banking integration," Journal of Financial Economics, Elsevier, vol. 132(3), pages 118-139.
    23. Luca Guerrieri & Matteo Iacoviello, 2015. "Collateral constraints and macroeconomic asymmetries," NBP Working Papers 202, Narodowy Bank Polski.
    24. Ayberk, İdil & Önder, Zeynep, 2022. "House prices and bank loan portfolios in an emerging market: The role of bank ownership," Economic Modelling, Elsevier, vol. 106(C).
    25. Popov, Alexander & Corradin, Stefano, 2013. "House prices, home equity and entrepreneurships," Working Paper Series 1544, European Central Bank.
    26. Harding, John P. & Rosenthal, Stuart S., 2017. "Homeownership, housing capital gains and self-employment," Journal of Urban Economics, Elsevier, vol. 99(C), pages 120-135.
    27. Philippe Bracke & Christian Hilber & Olmo Silva, 2014. "Homeownership and Entrepreneurship: The Role of Mortgage Debt and Commitment," CESifo Working Paper Series 5048, CESifo.
    28. Thanh Nguyen & Arsenio Staer & Jing Yang, 2024. "Productivity Shocks of Dominant Companies and Local Housing Markets," International Real Estate Review, Global Social Science Institute, vol. 27(2), pages 203-247.
    29. Benedikt Vogt & Wolter Hassink & Matteo Millone & Remco Mocking, 2021. "Homeowners have easier and cheaper access to business credit," CPB Discussion Paper 420, CPB Netherlands Bureau for Economic Policy Analysis.
    30. Nuri Ersahin & Rustom M. Irani & Katherine Waldock, 2016. "Creditor Rights and Entrepreneurship: Evidence from Fraudulent Transfer Law," Working Papers 16-31, Center for Economic Studies, U.S. Census Bureau.
    31. Suh, Hyunduk & Yang, Jin Young, 2024. "Housing cycle and firm investment: International firm-level evidence," Journal of Asian Economics, Elsevier, vol. 92(C).
    32. Levine, Ross & Rubinstein, Yona Zvi, 2020. "Selection into entrepreneurship and self-employment," LSE Research Online Documents on Economics 108462, London School of Economics and Political Science, LSE Library.
    33. Fan, Ying & Kühn, Kai-Uwe & Lafontaine, Francine, 2013. "Financial constraints and moral hazard: The case of franchising," DICE Discussion Papers 114, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    34. Simon Mongey & Gianluca Violante & Alessandro Gavazza, 2015. "What Shifts the Beveridge Curve? Recruiting Intensity and Financial Shocks," 2015 Meeting Papers 1079, Society for Economic Dynamics.
    35. Xavier Giroud & Holger M. Mueller, 2017. "Firm Leverage, Consumer Demand, and Employment Losses during the Great Recession," Working Papers 17-01, Center for Economic Studies, U.S. Census Bureau.
    36. Sofia Vale & Francisco Camões, 2023. "Households’ Exposure to the Financial Sector as a Driver of Inequality: An Analysis of Advanced and Emerging Economies," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(2), pages 362-402, June.
    37. Chen, Xiaoxiong & Mu, Jinghao & Liu, Guanchun & Liu, Yuanyuan, 2024. "Bank liability structure and corporate employment: Evidence from a quasi-natural experiment in China," International Review of Financial Analysis, Elsevier, vol. 95(PA).
    38. Dimas Mateus Fazio & Thiago Christiano Silva, 2020. "Housing Collateral Reform and Economic Reallocation," Working Papers Series 522, Central Bank of Brazil, Research Department.
    39. Hassan F. Gholipour, 2020. "Urban house prices and investments in small and medium-sized industrial firms: Evidence from provinces of Iran," Urban Studies, Urban Studies Journal Limited, vol. 57(16), pages 3347-3362, December.
    40. Liu, Shimeng & Zhang, Sisi, 2021. "Housing wealth changes and entrepreneurship: Evidence from urban China," China Economic Review, Elsevier, vol. 69(C).
    41. Fabio Berton & Sauro Mocetti & Andrea F. Presbitero & Matteo Richiardi, 2017. "Banks, firms, and jobs," Temi di discussione (Economic working papers) 1097, Bank of Italy, Economic Research and International Relations Area.
    42. Marieke Bos & Emily Breza & Andres Liberman, 2016. "The Labor Market Effects of Credit Market Information," NBER Working Papers 22436, National Bureau of Economic Research, Inc.
    43. Kimberly Bayard & Emin Dinlersoz & Timothy Dunne & John Haltiwanger & Javier Miranda & John Stevens, 2018. "Early-Stage Business Formation: An Analysis of Applications for Employer Identification Numbers," NBER Working Papers 24364, National Bureau of Economic Research, Inc.
    44. Pierre Azoulay & Benjamin F. Jones & J. Daniel Kim & Javier Miranda, 2018. "Age and High-Growth Entrepreneurship," Working Papers 18-23, Center for Economic Studies, U.S. Census Bureau.
    45. William F. Lincoln & Andrew H. McCallum & Michael Siemer, 2017. "The Great Recession and a Missing Generation of Exporters," Finance and Economics Discussion Series 2017-108, Board of Governors of the Federal Reserve System (U.S.).
    46. Bahaj, Saleem & Foulis, Angus & Pinter, Gabor & Surico, Paolo, 2022. "Employment and the residential collateral channel of monetary policy," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 26-44.
    47. Koetter, Michael & Marek, Philipp & Mavropoulos, Antonios, 2022. "Real Estate Transaction Taxes and Credit Supply," IWH Discussion Papers 26/2022, Halle Institute for Economic Research (IWH).
    48. Li, Yue & Mastrogiacomo, Mauro & Hochguertel, Stefan & Bloemen, Hans, 2016. "The role of wealth in the start-up decision of new self-employed: Evidence from a pension policy reform," Labour Economics, Elsevier, vol. 41(C), pages 280-290.
    49. Joshua D. Gottlieb & Richard R. Townsend & Ting Xu, 2016. "Does Career Risk Deter Potential Entrepreneurs?," NBER Working Papers 22446, National Bureau of Economic Research, Inc.
    50. Ding, Haoyuan & Ni, Bei & Xue, Chang & Zhang, Xiaoyu, 2022. "Land holdings and outward foreign direct investment: Evidence from China," Journal of International Money and Finance, Elsevier, vol. 124(C).
    51. Jackson, Paul & Madison, Florian, 2022. "Entrepreneurial finance and monetary policy," European Economic Review, Elsevier, vol. 141(C).
    52. Liu, Guanchun & Liu, Yuanyuan & Ye, Yongwei & Zhang, Chengsi, 2021. "Collateral menus and corporate employment: Evidence from China's Property Law," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 686-709.
    53. Bäurle, Gregor & Lein, Sarah M. & Steiner, Elizabeth, 2021. "Employment adjustment and financial tightness – Evidence from firm-level data," Journal of International Money and Finance, Elsevier, vol. 115(C).
    54. Gareth Anderson & Saleem Bahaj & Matthieu Chavaz & Angus Foulis & Gabor Pinter, 2018. "Lending relationships and the collateral channel," Bank of England Staff Working Paper series 768, Bank of England.
    55. Yingchao Xu & Lu Li & Shujian Xiang, 2024. "Performance evaluation of inclusive green growth in China: Dynamic evolution, regional differences, and spatial correlation," PLOS ONE, Public Library of Science, vol. 19(7), pages 1-24, July.
    56. Alexander Ljungqvist & Michael Smolyansky, 2016. "To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income," Finance and Economics Discussion Series 2016-6, Board of Governors of the Federal Reserve System (U.S.).
    57. Toni Ahnert & Sebastian Doerr & Nicola Pierri & Yannick Timmer, 2026. "Information Technology in Banking and Entrepreneurship," Management Science, INFORMS, vol. 72(3), pages 1796-1813, March.
    58. Mingzhi Hu & Xiaoshuang Li, 2022. "The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints," Journal of Regional Economics, Anser Press, vol. 1(1), pages 68-82, December.
    59. Tom Schmitz & Enrique Moral-Benito & Alberto Martin, 2018. "The Financial Transmission of Housing Booms: Evidence from Spain," Working Papers 1044, Barcelona School of Economics.
    60. Drautzburg, Thorsten, 2019. "Entrepreneurial tail risk: Implications for employment dynamics," Journal of Monetary Economics, Elsevier, vol. 104(C), pages 85-100.
    61. Adriano A. Rampini & S. Viswanathan & Guillaume Vuillemey, 2019. "Risk Management in Financial Institutions," NBER Working Papers 25698, National Bureau of Economic Research, Inc.
    62. Shang, Longfei & Saffar, Walid, 2024. "Pay transparency and entrepreneurship," Journal of Banking & Finance, Elsevier, vol. 162(C).
    63. Cláudia Custódio & Miguel A Ferreira & Emilia Garcia-Appendini, 2023. "Indirect Costs of Financial Distress," Review of Finance, European Finance Association, vol. 27(6), pages 2233-2270.
    64. Banerjee, Ryan & Blickle, Kristian, 2021. "Financial frictions, real estate collateral and small firm activity in Europe," European Economic Review, Elsevier, vol. 138(C).
    65. J. Scott Davis & Kevin X. D. Huang & Ayse Sapci, 2020. "Imperfect substitution in real estate markets and the effect of housing demand on corporate investment," Vanderbilt University Department of Economics Working Papers 20-00002, Vanderbilt University Department of Economics.
    66. Libin Han & Ming Lu, 2017. "Housing prices and investment: an assessment of China's inland-favoring land supply policies," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 22(1), pages 106-121, January.
    67. Kerr, Sari Pekkala & Kerr, William R. & Nanda, Ramana, 2022. "House prices, home equity and entrepreneurship: Evidence from U.S. census micro data," Journal of Monetary Economics, Elsevier, vol. 130(C), pages 103-119.
    68. Si, Deng-Kui & Wang, Meng & Yu, Yong, 2025. "Does the housing purchase restriction policy promote entrepreneurship? Evidence from China," China Economic Review, Elsevier, vol. 90(C).
    69. Campello, Murillo & Connolly, Robert A. & Kankanhalli, Gaurav & Steiner, Eva, 2022. "Do real estate values boost corporate borrowing? Evidence from contract-level data," Journal of Financial Economics, Elsevier, vol. 144(2), pages 611-644.
    70. Johan Hombert & Antoinette Schoar & David Sraer & David Thesmar, 2014. "Can Unemployment Insurance Spur Entrepreneurial Activity?," NBER Working Papers 20717, National Bureau of Economic Research, Inc.
    71. Munseob Lee & David Argente, 2015. "Cost of Living Inequality during the Great Recession," 2015 Meeting Papers 1372, Society for Economic Dynamics.
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    Cited by:

    1. Kim, Jiseob & Wang, Yicheng, 2018. "Macroeconomic and distributional effects of mortgage guarantee programs for the poor," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 124-151.
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    3. Landier, Augustin & Sraer, David & Thesmar, David, 2017. "Banking integration and house price co-movement," Journal of Financial Economics, Elsevier, vol. 125(1), pages 1-25.
    4. Manconi, Alberto & Braggion, Fabio & Zhu, Haikun, 2018. "Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China," CEPR Discussion Papers 12668, Centre for Economic Policy Research.
    5. Andreas Fuster & James Vickery, 2013. "Securitization and the fixed-rate mortgage," Staff Reports 594, Federal Reserve Bank of New York.
    6. Jinwoong Lee, 2024. "What factors drive house prices in the USA? Sign restricted VAR approach," Empirical Economics, Springer, vol. 66(6), pages 2533-2556, June.
    7. Shi, Yining, 2022. "Financial liberalization and house prices: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 145(C).
    8. David C. Ling & Andy Naranjo & Benjamin Scheick, 2016. "Credit Availability and Asset Pricing Dynamics in Illiquid Markets: Evidence from Commercial Real Estate Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(7), pages 1321-1362, October.
    9. Filipa Sa, 2016. "The Effect of Foreign Investors on Local Housing Markets: Evidence from the UK," Discussion Papers 1639, Centre for Macroeconomics (CFM).
    10. Laufer, Steven & Tzur-Ilan, Nitzan, 2021. "The effect of LTV-based risk weights on house prices: Evidence from an Israeli macroprudential policy," Journal of Urban Economics, Elsevier, vol. 124(C).
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    12. Neil Bhutta & Daniel R. Ringo, 2017. "The Effect of Interest Rates on Home Buying : Evidence from a Discontinuity in Mortgage Insurance Premiums," Finance and Economics Discussion Series 2017-086, Board of Governors of the Federal Reserve System (U.S.).
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Articles

  1. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2018. "Dynamics of Housing Debt in the Recent Boom and Great Recession," NBER Macroeconomics Annual, University of Chicago Press, vol. 32(1), pages 265-311.
    See citations under working paper version above.
  2. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2018. "The Role of Housing and Mortgage Markets in the Financial Crisis," Annual Review of Financial Economics, Annual Reviews, vol. 10(1), pages 25-41, November.

    Cited by:

    1. Giacomo Rella, 2021. "The Fed, housing and household debt over time," Department of Economics University of Siena 850, Department of Economics, University of Siena.
    2. Tang, John P. & Basco, Sergi, 2023. "Banks, credit supply, and the life cycle of firms: Evidence from late nineteenth century Japan," Journal of Banking & Finance, Elsevier, vol. 154(C).
    3. Ono, Arito & Uchida, Hirofumi & Udell, Gregory F. & Uesugi, Iichiro, 2021. "Lending pro-cyclicality and macroprudential policy: Evidence from Japanese LTV ratios," Journal of Financial Stability, Elsevier, vol. 53(C).
    4. Andrieş, Alin Marius & Ongena, Steven & Sprincean, Nicu, 2025. "Sectoral credit allocation and systemic risk," Journal of Financial Stability, Elsevier, vol. 76(C).
    5. John Geanakoplos, 2022. "Leverage Cycle Theory of Economic Crises and Booms," Cowles Foundation Discussion Papers 2370, Cowles Foundation for Research in Economics, Yale University.
    6. Bartscher, Alina K. & Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike I., 2025. "The distribution of household debt in the United States, 1950-2022," Open Access Publications from Kiel Institute for the World Economy 318398, Kiel Institute for the World Economy.
    7. Duan, Chengyonghui & Soh, Wei Ni & Ong, Tze San & Abdul Rahim, Norhuda Bt, 2025. "Evidence from financial freedom moderating the relationship between government intervention and financial stability," Finance Research Letters, Elsevier, vol. 72(C).
    8. Shengguo Li & Jiaqi Liu & Jichang Dong & Xuerong Li, 2021. "20 Years of Research on Real Estate Bubbles, Risk and Exuberance: A Bibliometric Analysis," Sustainability, MDPI, vol. 13(17), pages 1-24, August.
    9. Muhammad Zeeshan Younas, 2020. "How Did Risk Management Methods Change After The 2007 Sub-Prime Mortgage Crisis In The United Kingdom?," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 9(1), pages 22-31, March.
    10. Harold H. Zhang & Feng Zhao & Xiaofei Zhao, 2024. "Neglected Risks in the Communication of Residential Mortgage‐Backed Securities Offerings," Journal of Finance, American Finance Association, vol. 79(1), pages 129-172, February.
    11. Manuel Adelino & William B. McCartney & Antoinette Schoar, 2020. "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," NBER Working Papers 27499, National Bureau of Economic Research, Inc.
    12. Manuel Adelino & W. Ben McCartney & Antoinette Schoar, 2020. "The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market," Working Papers 20-40, Federal Reserve Bank of Philadelphia.
    13. Bartscher, Alina K. & Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike I., 2025. "The distribution of household debt in the United States, 1950-2022," Open Access Publications from Kiel Institute for the World Economy 323602, Kiel Institute for the World Economy.
    14. Flannery, Mark J. & Lin, Leming & Wang, Luxi, 2022. "Housing booms and bank growth," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    15. Ingo Rohlfing & Tobias Schafföner, 2019. "The time-varying relationship between economic globalization and the ideological center of gravity of party systems," PLOS ONE, Public Library of Science, vol. 14(2), pages 1-26, February.
    16. Alina K Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike I Steins, 2025. "The Distribution of Household Debt in the United States, 1950-2022," Post-Print hal-05448445, HAL.
    17. Bartscher, Alina K. & Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike I., 2025. "The distribution of household debt in the United States, 1950-2022," Open Access Publications from Kiel Institute for the World Economy 324154, Kiel Institute for the World Economy.
    18. Berg, Tobias & Haselmann, Rainer, 2025. "Assessing real estate risks and vulnerabilities: Hidden cracks in the financial system?," SAFE White Paper Series 111, Leibniz Institute for Financial Research SAFE.

  3. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2016. "Editor's Choice Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class," The Review of Financial Studies, Society for Financial Studies, vol. 29(7), pages 1635-1670.

    Cited by:

    1. Mr. Nicola Pierri & Mr. Yannick Timmer, 2020. "Tech in Fin before FinTech: Blessing or Curse for Financial Stability?," IMF Working Papers 2020/014, International Monetary Fund.
    2. Lydon, Reamonn & McCann, Fergal, 2017. "The income distribution and the Irish mortgage market," Economic Letters 05/EL/17, Central Bank of Ireland.
    3. Alessia De Stefani, 2021. "House price history, biased expectations, and credit cycles: The role of housing investors," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(4), pages 1238-1266, December.
    4. Braggion, Fabio & Frehen, Rik & Jerphanion, Emiel, 2024. "Credit provision and stock trading: Evidence from the South Sea bubble," Other publications TiSEM 314d080e-d48e-40cf-9334-4, Tilburg University, School of Economics and Management.
    5. Griffin, John M. & Kruger, Samuel & Maturana, Gonzalo, 2021. "What drove the 2003–2006 house price boom and subsequent collapse? Disentangling competing explanations," Journal of Financial Economics, Elsevier, vol. 141(3), pages 1007-1035.
    6. Luca Barbaglia & Sebastiano Manzan & Elisa Tosetti, 2023. "Forecasting Loan Default in Europe with Machine Learning," Journal of Financial Econometrics, Oxford University Press, vol. 21(2), pages 569-596.
    7. Manconi, Alberto & Braggion, Fabio & Zhu, Haikun, 2018. "Can Technology Undermine Macroprudential Regulation? Evidence from Peer-to-Peer Credit in China," CEPR Discussion Papers 12668, Centre for Economic Policy Research.
    8. Jinwoong Lee, 2024. "What factors drive house prices in the USA? Sign restricted VAR approach," Empirical Economics, Springer, vol. 66(6), pages 2533-2556, June.
    9. Piskorski, Tomasz & Seru, Amit, 2021. "Debt relief and slow recovery: A decade after Lehman," Journal of Financial Economics, Elsevier, vol. 141(3), pages 1036-1059.
    10. Tang, Xinyin & Feng, Chong & Zhu, Jianping & He, Minna, 2022. "How Can We Learn from Borrowers’ Online Behaviors? The Signal Effect of Borrowers’ Platform Involvement on Their Credit Risk," SocArXiv qga8j, Center for Open Science.
    11. Yuliyan Mitkov & Ulrich Schüwer, 2021. "Unequal andunstable: income inequality and bank risk," ECONtribute Discussion Papers Series 012, University of Bonn and University of Cologne, Germany.
    12. Deeksha Gupta, 2018. "Too Much Skin-in-the-Game? The Effect of Mortgage Market Concentration on Credit and House Prices," 2018 Meeting Papers 512, Society for Economic Dynamics.
    13. Bartscher, Alina K. & Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike I., 2025. "The distribution of household debt in the United States, 1950-2022," Open Access Publications from Kiel Institute for the World Economy 318398, Kiel Institute for the World Economy.
    14. Filipe Correia & Gustavo S. Cortes & Thiago C. Silva, 2021. "Is Corporate Credit Risk Propagated to Employees?," Working Papers Series 551, Central Bank of Brazil, Research Department.
    15. Tal Gross & Raymond Kluender & Feng Liu & Matthew J. Notowidigdo & Jialan Wang, 2020. "The Economic Consequences of Bankruptcy Reform," Working Papers 2020-164, Becker Friedman Institute for Research In Economics.
    16. Matthew J. Botsch, 2022. "Public and Private Benefits of Information in Markets for Securitized Assets," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 48(3), pages 319-365, June.
    17. Hasan, Iftekhar & Krause, Thomas & Manfredonia, Stefano & Noth, Felix, 2022. "Banking market deregulation and mortality inequality," Bank of Finland Research Discussion Papers 14/2022, Bank of Finland.
    18. Berger, Allen N. & Molyneux, Phil & Wilson, John O.S., 2020. "Banks and the real economy: An assessment of the research," Journal of Corporate Finance, Elsevier, vol. 62(C).
    19. Itzhak Ben-David & Pascal Towbin & Sebastian Weber, 2019. "Inferring Expectations from Observables: Evidence from the Housing Market," NBER Working Papers 25702, National Bureau of Economic Research, Inc.
    20. Sean Hundtofte & Arna Olafsson & Michaela Pagel, 2019. "Credit Smoothing," NBER Working Papers 26354, National Bureau of Economic Research, Inc.
    21. Wadud, Mokhtarul & Ali Ahmed, Huson Joher & Tang, Xueli, 2020. "Factors affecting delinquency of household credit in the U.S.: Does consumer sentiment play a role?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    22. Mosso-Martínez, Margarita M. & López-Herrera, Francisco, 2020. "Variables económicas y deterioro de la calidad de la cartera de hipotecas bursatilizadas en México," eseconomía, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 15(52), pages 47-68, Primer se.
    23. Tim Zhang, 2022. "Uniform Mortgage Regulation and Distortion in Capital Allocation [Loan originations and defaults in the mortgage crisis: the role of the middle class]," Review of Finance, European Finance Association, vol. 26(4), pages 1011-1050.
    24. Nelson Lind, 2017. "Credit Regimes and the Seeds of Crisis," 2017 Meeting Papers 1474, Society for Economic Dynamics.
    25. Neil Bhutta & Jesse Bricker & Lisa J. Dettling & Jimmy Kelliher & Steven Laufer, 2019. "Stress Testing Household Debt," Finance and Economics Discussion Series 2019-008, Board of Governors of the Federal Reserve System (U.S.).
    26. Alina K. Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike I. Steins, 2025. "The Distribution of Household Debt in the United States, 1950-2022," CRC TR 224 Discussion Paper Series crctr224_2025_634, University of Bonn and University of Mannheim, Germany.
    27. Federico Ravenna, 2025. "Prime vs. Subprime: Asymmetric Information and Equilibrium Securitization in a Business Cycle Model," Carlo Alberto Notebooks 751 JEL Classification: E, Collegio Carlo Alberto.
    28. Jinwoong Lee & Jihee Ann & Cheolbeom Park, 2022. "What causes house prices to fluctuate? Evidence from South Korea," Asian Economic Journal, East Asian Economic Association, vol. 36(4), pages 365-384, December.
    29. Conklin, James N. & Frame, W. Scott & Gerardi, Kristopher & Liu, Haoyang, 2022. "Villains or scapegoats? The role of subprime borrowers in driving the U.S. housing boom," Journal of Financial Intermediation, Elsevier, vol. 51(C).
    30. Hongxia Zhang & Heeho Kim, 2024. "Urbanization and the excess mortgage risk – an optimal mortgage model," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    31. Florian Manz & Birgit Müller & Dirk Schiereck, 2020. "The pricing of European non-performing real estate loan portfolios: evidence on stock market evaluation of complex asset sales," Journal of Business Economics, Springer, vol. 90(7), pages 1087-1120, August.
    32. Mitra, Aruni & Wei, Mengying, 2025. "Long shadow of the U.S. mortgage expansion: Evidence from local labour markets," European Economic Review, Elsevier, vol. 172(C).
    33. Anthony Orlando, 2018. "Asset Markets, Credit Markets, and Inequality: Distributional Changes in Housing, 1970-2016," ERES eres2018_182, European Real Estate Society (ERES).
    34. Ferrero, Andrea & Harrison, Richard & Nelson, Benjamin, 2018. "House Price Dynamics, Optimal LTV Limits and the Liquidity Trap," CEPR Discussion Papers 13400, Centre for Economic Policy Research.
    35. Kirti, Divya, 2018. "Lending standards and output growth," ESRB Working Paper Series 79, European Systemic Risk Board.
    36. Shai Bernstein & Timothy Mcquade & Richard R. Townsend, 2021. "Do Household Wealth Shocks Affect Productivity? Evidence from Innovative Workers During the Great Recession," Journal of Finance, American Finance Association, vol. 76(1), pages 57-111, February.
    37. Arigoni, Filippo & McCann, Fergal & Yao, Fang, 2022. "Mortgage credit and house prices: evidence to inform macroprudential policy," Financial Stability Notes 11/FS/22, Central Bank of Ireland.
    38. Daniel I. García, 2022. "Second‐home buying and the housing boom and bust," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(1), pages 33-58, March.
    39. Adelino, Manuel & Schoar, Antoinette & Severino, Felipe, 2025. "Credit supply and house prices: Evidence from mortgage market segmentation," Journal of Financial Economics, Elsevier, vol. 163(C).
    40. Carlos Garriga & Aaron Hedlund, 2020. "Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession," American Economic Review, American Economic Association, vol. 110(6), pages 1603-1634, June.
    41. Schettino, Francesco & Scicchitano, Sergio & Suppa, Domenico, 2024. "COVID 19 and Wage Polarization: A task based approach," GLO Discussion Paper Series 1398, Global Labor Organization (GLO).
    42. Gomes, Francisco J. & Haliassos, Michael & Ramadorai, Tarun, 2020. "Household finance," IMFS Working Paper Series 138, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    43. Rojas, Alejandro, 2021. "Mortgage credit growth for lower-income borrowers during the 2000s housing boom: Evidence and implications," Journal of Empirical Finance, Elsevier, vol. 62(C), pages 220-233.
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  4. Adelino, Manuel & Schoar, Antoinette & Severino, Felipe, 2015. "House prices, collateral, and self-employment," Journal of Financial Economics, Elsevier, vol. 117(2), pages 288-306.
    See citations under working paper version above.
  5. Gonzalo Cortazar & Carlos Milla & Felipe Severino, 2008. "A multicommodity model of futures prices: Using futures prices of one commodity to estimate the stochastic process of another," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 28(6), pages 537-560, June.

    Cited by:

    1. Gonzalo Cortazar & Simon Gutierrez & Hector Ortega, 2016. "Empirical Performance of Commodity Pricing Models: When is it Worthwhile to Use a Stochastic Volatility Specification?," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 36(5), pages 457-487, May.
    2. Yuhan Cheng & Heyang Zhou & Yanchu Liu, 2025. "Large Language Models and Futures Price Factors in China," Papers 2509.23609, arXiv.org.
    3. Farkas, Walter & Gourier, Elise & Huitema, Robert & Necula, Ciprian, 2017. "A two-factor cointegrated commodity price model with an application to spread option pricing," Journal of Banking & Finance, Elsevier, vol. 77(C), pages 249-268.
    4. Michael T. Chng, 2010. "Comparing Different Economic Linkages Among Commodity Futures," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(9‐10), pages 1348-1389, November.
    5. Han Jun S. & Kordzakhia Nino & Shevchenko Pavel V. & Trück Stefan, 2022. "On correlated measurement errors in the Schwartz–Smith two-factor model," Dependence Modeling, De Gruyter, vol. 10(1), pages 108-122, January.
    6. Javier Población & Gregorio Serna, 2018. "A common long-term trend for bulk shipping prices," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(3), pages 421-432, September.
    7. Jaime Casassus & Peng Liu & Ke Tang, 2011. "Relative Scarcity of Commodities with a Long-Term Economic Relationship and the Correlation of Futures Returns," Documentos de Trabajo 404, Instituto de Economia. Pontificia Universidad Católica de Chile..
    8. Andr�s Garc�a Mirantes & Javier Población & Gregorio Serna, 2012. "Analyzing the dynamics of the refining margin: implications for valuation and hedging," Quantitative Finance, Taylor & Francis Journals, vol. 12(12), pages 1839-1855, December.
    9. Cortazar, Gonzalo & Kovacevic, Ivo & Schwartz, Eduardo S., 2015. "Expected commodity returns and pricing models," Energy Economics, Elsevier, vol. 49(C), pages 60-71.
    10. Dolores Furio & Javier Poblacion, 2018. "Electricity and Natural Gas Prices Sharing the Long-term Trend: Some Evidence from the Spanish Market," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 173-180.
    11. Jaime Casassus & Peng Liu & Ke Tang, 2014. "Maximal Gaussian Affine Models for Multiple Commodities: A Note," Documentos de Trabajo 456, Instituto de Economia. Pontificia Universidad Católica de Chile..
    12. Cortazar, Gonzalo & Ortega, Hector & Valencia, Consuelo, 2021. "How good are analyst forecasts of oil prices?," Energy Economics, Elsevier, vol. 102(C).
    13. Cortazar, Gonzalo & Beuermann, Diether & Bernales, Alejandro, 2013. "Risk Management with Thinly Traded Securities: Methodology and Implementation," IDB Publications (Working Papers) 4647, Inter-American Development Bank.
    14. Rauch, Johannes & Krayzler, Mikhail & Brunner, Bernhard & Zagst, Rudi, 2013. "Pricing of derivatives on commodity indices," International Review of Financial Analysis, Elsevier, vol. 29(C), pages 143-151.
    15. Javier Población & Gregorio Serna, 2021. "Measuring bulk shipping prices risk," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 23(2), pages 291-309, June.

Chapters

  1. Manuel Adelino & Antoinette Schoar & Felipe Severino, 2017. "Dynamics of Housing Debt in the Recent Boom and Great Recession," NBER Chapters, in: NBER Macroeconomics Annual 2017, volume 32, pages 265-311, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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