We use survey data to study American households’ propensity to default when the value of their mortgage exceeds the … value of their house even if they can afford to pay their mortgage (strategic default). We find that 26% of the existing … the house. Yet, 17% of households would default, even if they can afford to pay their mortgage, when the equity shortfall …

How do credit standards on the mortgage market affect neighbourhood choice and the resulting level of urban segregation …-2006 mortgage credit boom on the level of school segregation. Census tract racial composition is strongly correlated with the racial … composition of the 10 closest schools in the cross section. Matching a national data set of mortgage originations with annual …

We examine the role of political factors in Mexico’s anti-dumping regime, considering both the characteristics of …

evidence to assess the relative magnitudes of these three effects as they apply to further trade liberalization in Mexico. We … study the determinants of the industry pattern of US imports from Mexico and of value added by Mexico's maquiladora sector … effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico. …

This paper analyzes the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico …

Like the rest of the poor periphery, Mexico had to deal with de-industrialization forces between 1750 and 1913, those … such huge dimensions. Yet, from independence to mid-century Mexico did better on this score than did most countries around …, and to those attributable to domestic forces specific to Mexico. It uses a neo-Ricardian model (with non …

government might be tempted to devalue. In Mexico it would also appear that the costs and benefits of maintaining the regime were …

We study the effects of a conditional cash transfers program on school enrollment and performance in Mexico. We provide …

the period of trade policy reforms between 1985 and 1989 when Mexico experiences both an important inflow of foreign …

investigation. We then compare two independent sources of individual-level wage information from Mexico -- firms' wage reports to …