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development and the price volatility it has. In this paper, the author uses a speculative bubble tracker, based on Wiener … bubble" over the period concerned by comparing the results derived using a Brownian motion equation form used in physics and …
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This paper studies the role of the Community Reinvestment Act (CRA) in the US housing boom-bust cycle. I find that the enhancement in CRA enforcement in 1998 increased the growth rate of mortgage lending by CRA-regulated banks to CRA-eligible census tracts. I show that during the boom period...
Persistent link: https://www.econbiz.de/10012268084
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