González-Val, Rafael - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-22
permanent shocks in foreclosure quarterly rates (defined as the number of judicial foreclosures per 1000 inhabitants) for 50 … whether the foreclosure rate is a stationary series, exhibits a unit root or is stationary around a process subject to … structural breaks. A clear finding from this analysis is that not all shocks have transitory effects on the foreclosure rate. The …