studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign …. Overall, these findings suggest that bank health, and not ownership per se, is the critical element in the growth, volatility …, and cyclicality of bank credit. Diversity in ownership appears to contribute to greater stability of credit in times of …

We use an experiment with commercial bank loan officers to test how performance based compensation affects risk …

housing boom accelerated, fueled by rapid growth in mortgage lending. There is deep disagreement about how, or even if …-prone, which made the mortgage market fragile. Consistent with our theory, the re-emergence of privately-securitized mortgages has …

In this paper, we explore dynamic changes in the capitalization of sea level rise (SLR) risk in housing and mortgage … reconcile these patterns, as we show that both all-cash and mortgage-financed purchases have similarly contracted, with little …

-to-value levels and permissive mortgage approvals. We revisit the standard user cost model of housing prices and conclude that the …

In this paper we examine the relationship between homeowners' bankruptcy decisions and their mortgage default decisions …

substantiates both supply and demand effects of past price trends in housing markets, particularly with respect to subprime mortgage …