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

Working Paper
Housing prices and the (in)stability of mortgage prepayment models: evidence from California
Mattey, Joe P.; Wallace, Nancy (1998)
Most empirical models of mortgage terminations emphasize refinancing incentives related to interest rate movements. We consider three sources of risk that lead to observed mortgage payment terminations: interest-rate related refinancing, default, and moving. We estimate models that identify the relative importance or regional risk factors leading to termination, using data on mortgage and housing market activity in fifteen California counties from 1992 through 1996. As expected, we find that the time-series dynamics of interest rates and house prices are important determinants of the ...
Working Papers in Applied Economic Theory , Paper 98-05

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

Journal Article
B2B e-commerce in residential mortgages
Mattey, Joe P. (2000)
FRBSF Economic Letter

Journal Article
California IPO wealth effects: what's left?
Furlong, Frederick T.; Mattey, Joe P. (2000)
FRBSF Economic Letter

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

Journal Article
California's IPO gold rush
Mattey, Joe P. (2000)
FRBSF Economic Letter

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