Similar Search Results

Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers

Haughwout, Andrew; Ebiere Okah - London School of Economics and Political Science - 2009

The boom in nonprime mortgage lending that occurred inthe United States between 2004 and 2006 was quicklyfollowed by …

Persistent link: https://www.econbiz.de/10005869400

Credit, Equity, and Mortgage Refinancings

Peristiani, Stavros; Bennett, Paul; Monsen, Gordon; … - Federal Reserve Bank <New York, NY>; London School of … - 1997

[...]This article significantly advances the literature onmortgage prepayments by introducing quantitative measuresof individual homeowner credit histories to the loan-levelanalysis of the factors influencing the probability that a homeownerwill refinance. In addition to credit histories, we...

Persistent link: https://www.econbiz.de/10005870272

Risk Heterogeneity and Credit Supply: Evidence from the Mortgage Market

Besley, Timothy; Meads, Neil; Surico, Paolo - London School of Economics and Political Science - 2010

This paper uses a unique data set on more than 600,000 mortgagecontracts to estimate a credit supply function which allows for risk-heterogeneity. Non-linearity is modeled using quantile regressions. Wepropose an instrumental variable approach in which changes in the taxtreatment of housing...

Persistent link: https://www.econbiz.de/10009248804

Contractual relations between European VC-funds and investors : the impact of repuation and bargaining power on contractual design

Schmidt, Daniel (contributor); Wahrenburg, Mark (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002144687

Active courts and menu contracts

Anderlini, Luca (contributor); Felli, Leonardo (contributor) - 2006

Persistent link: https://www.econbiz.de/10003384936

Modelling Vulnerability in the UK

Bandyopadhyay, Sanghamitra; Cowell, Frank A. - London School of Economics and Political Science - 2007

In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the poor. We test for the dynamics of vulnerablehouseholds in the UK using Waves 1 - 12 of the British Household Panel Survey andfind that, of three different types of risks that we...

Persistent link: https://www.econbiz.de/10005871008

Social Mobility, Life Chances, and the Early Years

Waldfogel, Jane - London School of Economics and Political Science - 2004

It is widely agreed that the early years are a particularly important time forefforts to increase social mobility, because a good deal of inequality is alreadyapparent by the time children start school, and because children’s developmentmay be less amenable to change after they enter school....

Persistent link: https://www.econbiz.de/10009354040

Opinion on bank rate, 1822 - 60

Cramp, A. B. - 1962

Persistent link: https://www.econbiz.de/10001464685

Contract Duration and Investment Incentives: Evidence from Land Tenancy Agreements

Bandiera, Oriana - London School of Economics and Political Science - 2005

This paper analyses the empirical determinants of contract length, a key andyet neglected dimension of contractual … structure. I estimate contract length andcontract type jointly using original data on tenancy agreements signed between1870 and … 1880 in the district of Siracusa, Italy.The findings indicate that the choice of contract length is driven by theneed to …

Persistent link: https://www.econbiz.de/10005870994

Contractual Structure and Endogenous Matching in Partnerships

Ghatak, Maitreesh; Karajvanov, Alexander K. - London School of Economics and Political Science; Simon … - 2011

We analyze optimal contracts and optimal matching patterns in a simple model of partnershipwhere there is a double-sided moral hazard problem and potential partners differ intheir productivity in two tasks. It is possible for one individual to accomplish both tasks (soleproduction) and there are...

Persistent link: https://www.econbiz.de/10008860709