Introduction: balancing access, affordability, and risk after the housing crisis / Jennifer H. Molinsky, Eric S. Belsky, and Christopher E. Herbert -- Making the case for homeownership as a policy goal : has the experience of the housing bust changed the calculus? -- Homeownership, wealth, and...

An expansion in mortgage credit to subprime borrowers is widely believed to have been a principal driver of the 2002-06 U.S. house price boom. Contrary to this belief, we show that the house price and subprime booms occurred in different places. Counties with the largest home price appreciation...

This paper develops a control-function methodology accounting for endogenous or mismeasured regressors in hazard models. I provide sufficient identifying assumptions and regularity conditions for the estimator to be consistent and asymptotically normal. Applying my estimator to the subprime...