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International climate negotiations have been troubled by mutual mistrust. At the same time, a hope seems to prevail that once enough countries moved forward, others would follow suit. If the abatement game faced by climate negotiators is a Prisoners' Dilemma, and countries are narrowly...
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question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …
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effect of the reforms on overall credit supply, while at the same time documenting a substantial decline in borrower- and …
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mortgage insurance (MI) is subject to significant stress in the worst tail events. This report examines the interaction of … mortgage insurers with mortgage originators and underwriters, and makes a set of recommendations directed at policymakers and …
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