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Author: Unknown
Publisher: World Bank Publications
Keywords: distributional, data, using, indicators, social, decomposing
Number of Pages: 32
Published:
eBookDB-ID: GGKEY:8EWA
24718

Author: Shlomo Yitzhaki, Branko Milanović
Publisher: World Bank Publications
Keywords: world, class, middle, income, decomposing, distribution
Number of Pages: 46
Published:
eBookDB-ID: GGKEY:CY0T
24791

Author: Kristopher Gerardi
Publisher: DIANE Publishing
Keywords: depreciation, versus, underwriting, price, house, foreclosure, crisis, decomposing
Number of Pages: 47
Published: 2010-06
ISBN-10: 1437929842
ISBN-13: 9781437929843

Estimates a model of foreclosure using a data set that includes every residential mortgage, purchase-and-sale, and foreclosure transaction in Mass. from 1989 to 2008. Addresses the identification issues related to the estimation of the effects of house prices on residential foreclosures. Studies the dramatic increase in foreclosures that occurred in Mass. between 2005 and 2008 and concludes that the foreclosure crisis was primarily driven by the severe decline in housing prices that began in the latter part of 2005, not by a relaxation of underwriting standards. Relaxed underwriting standards
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