Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:housing crisis OR Housing crisis 

Working Paper
Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program

The main rationale for policy intervention in debt renegotiation is to enhance such activity when foreclosures are perceived to be inefficiently high. We examine the ability of the government to influence debt renegotiation by empirically evaluating the effects of the 2009 Home Affordable Modification Program (HAMP) that provided intermediaries (servicers) with sizeable financial incentives to renegotiate mortgages. A difference-in-difference strategy that exploits variation in program eligibility criteria reveals that the program generated an overall increase in the intensity of ...
Working Paper Series , Paper WP-2013-27

Journal Article
Millennials, baby boomers, and rebounding multifamily home construction

Jordan Rappaport analyzes the forces driving the recent rebound in multifamily construction.
Economic Review , Issue Q II , Pages 37-55

Briefing
Will COVID-19 Leave Lasting Economic Scars?

Researchers and policymakers are wondering whether the economic losses associated with the COVID-19 pandemic will prove temporary or persistent. Examining the housing crisis of 2006–09 may provide some clues. Despite the fact that the housing crisis represented a temporary demand-side shock, it had lasting negative effects on employment and GDP in regions most exposed to the boom and bust in house prices.
Richmond Fed Economic Brief , Issue 20-07 , Pages 5

FILTER BY year

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

E60 1 items

E65 1 items

G18 1 items

G21 1 items

H3 1 items

FILTER BY Keywords

Housing crisis 3 items

COVID-19 1 items

Debt renegotiation 1 items

Foreclosures 1 items

Government intervention 1 items

HAMP 1 items

show more (7)

PREVIOUS / NEXT