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' residential mortgage lending activities. Our theoretical model shows that using mortgage-related membership criteria or requiring … mortgage-related collateral does not ensure that FHLB advances will be put to use for stabilizing members' financing of housing …
Persistent link: https://www.econbiz.de/10010292320
Persistent link: https://www.econbiz.de/10010281343
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. …
Persistent link: https://www.econbiz.de/10010292258
done to stop it. We use an economic model to focus on two key decisions: the borrower's choice to default on a mortgage and … illustrate that unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely …
Persistent link: https://www.econbiz.de/10010292331
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. …
Persistent link: https://www.econbiz.de/10010377447
firm's ability to improve its productivity growth and profitability. The case study reported here concerns the … in which the dependent variable is alternatively (labor) productivity growth and profitability. Our findings show that … growth and profitability. This suggests that firms pursue different strategies when patenting with the USPTO and the EPO, and …
Persistent link: https://www.econbiz.de/10010263794
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810
This study investigates experimentally whether people in retrospective are self-aware that they engage in status-seeking behavior. Subjects participated in a real-effort task where effort translated into a donation to a charity. Within-subjects we varied the visibility of their performance...
Persistent link: https://www.econbiz.de/10010291831
Italy has an immobile social structure. At the heart of this immobility is the educational system, with its high direct, but especially indirect cost, due to the extremely long time necessary to get a degree and to complete the subsequent school-to-work transition. Such cost prevents the...
Persistent link: https://www.econbiz.de/10010282603
Commodities do not only serve the purpose of satisfying direct needs in the production and con-sumption process. Some of them can also be used to display social status and to affect the position of an individual in society. This paper addresses the question under which circum-stances...
Persistent link: https://www.econbiz.de/10010319306