Journal Article
Effects of California migration
Mattey, Joe P. (1994)
FRBSF Economic Letter

Working Paper
Housing price cycles and prepayment rates of U.S. mortgage pools.
Mattey, Joe P.; Wallace, Nancy (1999)
Empirical mortgage prepayment models generally have trouble explaining differences in mortgage prepayment speeds among pools with similar interest rates on the underlying mortgages. In this paper, we model some of the sources of termination heterogeneity across mortgage pools, particularly the role of regional variations in housing prices in generating atypical prepayment speeds. Using a sample of Freddie Mac mortgage pools from 1991-1998, we find evidence that differences in house price dynamics across regions are an important source of between-pool heterogeneity. This finding is then shown ...
Working Paper Series , Paper 99-12

Journal Article
Mortgage interest rates, valuation, and prepayment risk
Mattey, Joe P. (1998)
FRBSF Economic Letter

Working Paper
The effects of general inflation and idiosyncratic cost shocks on within-commodity price dispersion: evidence from microdata
Beaulieu, J. Joseph; Mattey, Joe P. (1994)
Finance and Economics Discussion Series , Paper 94-12

Working Paper
Factor utilization and margins for adjusting output: evidence from manufacturing plants
Strongin, Steven; Mattey, Joe P. (1995)
Finance and Economics Discussion Series , Paper 95-12

Working Paper
Leaving Los Angeles: migration, economic opportunity and the quality-of-life
Mattey, Joe P.; Gabriel, Stuart A. (1996)
Working Papers in Applied Economic Theory , Paper 96-10

Working Paper
Compensating differentials and evolution of the quality-of-life among U.S. states
Wascher, William L.; Mattey, Joe P.; Gabriel, Stuart A. (1996)
This paper provides the first application of the compensating differential paradigm to the evaluation of the extent and sources of evolution in quality-of-life among U.S. states. In addition to providing estimates of quality-of-life rankings for U.S. states over the 1981-1990 period, we use estimated implicit prices on place-specific amenities to calculate the contributions of various factors to evolution in the quality-of-life. Our findings indicate that the quality-of-life rankings are relatively stable across model specifications and over time for certain poorly ranked, densely-populated ...
Working Papers in Applied Economic Theory , Paper 96-07

Journal Article
The demise of California reconsidered: interstate migration over the economic cycle
Wascher, William L.; Mattey, Joe P.; Gabriel, Stuart A. (1995)
Recent years have witnessed widespread media attention and policy debate regarding the causes and consequences of population flight from California. While some analysts' reports link the reversal in California migration flows to cyclical swings in the state economy, other commentaries focus on alleged deterioration in California amenities and quality of life. This paper employs a logistic migration model to evaluate the role of economic and other location-specific effects in the determination of California domestic migration flows. The model is estimated using data for each of the 50 U.S. ...
Economic Review

Journal Article
Regional effects of the peso devaluation
Mattey, Joe P. (1995)
FRBSF Economic Letter

Journal Article
Is state and local competition for firms harmful?
Mattey, Joe P.; Spiegel, Mark M. (1995)
FRBSF Economic Letter