- Acharya, Viral V., and Matthew Richardson, eds. 2009. Restoring Financial Stability: How to Repair a Failed System. New York: John Wiley & Sons.
Paper not yet in RePEc: Add citation now
Adelino, Manuel, Kristopher Gerardi, and Paul S. Willen. 2009. âWhy Donât Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization.â Working Paper No. 15159. Cambridge, MA: National Bureau of Economic Research.
- Adelson, Mark. 2003. âA Journey to the Alt-A Zone: A Brief Primer on Alt-A Mortgage Loans.â Nomura Fixed Income Research, June 3, 2003.
Paper not yet in RePEc: Add citation now
Akerlof, George A. 1970. âThe Market for âLemonsâ: Quality Uncertainty and the Market Mechanism.â Quarterly Journal of Economics 84(3): 488â500.
- Arnold, Chris. 2009. âForcing Banks To Put More âSkin In The Gameâ.â National Public Radio, June 18, 2009. Available at http://www.npr.org/templates/story/story.php? storyId=105558991.
Paper not yet in RePEc: Add citation now
- Ashcraft, Adam B., and Til Schuermann. 2008. âUnderstanding the Securitization of Subprime Mortgage Credit.â Federal Reserve Bank of New York Staï Report No. 318. Available at http://www.newyorkfed.org/research/staff_reports/sr318.pdf.
Paper not yet in RePEc: Add citation now
- Bair, Sheila C. 2007. âStatement on Possible Responses to Rising Mortgage Foreclosures.â Testimony before the House Financial Services Committee, April 17, 2007. Available at http://www.fdic.gov/news/news/speeches/archives/2007/chairman/spapr1707. html.
Paper not yet in RePEc: Add citation now
- Barberis, Nicholas. 2011. âPsychology and the Financial Crisis of 2007â2008.â Yale University Working Paper. Available at http://faculty.som.yale.edu/nicholasbarberis/cp10. pdf.
Paper not yet in RePEc: Add citation now
- Bebchuk, Lucian A., Alma Cohen, and Holger Spamann. 2010. âThe Wages of Failure: Executive Compensation at Bear Stearns and Lehman 2000â2008.â Yale Journal on Regulation 27(2): 257â282.
Paper not yet in RePEc: Add citation now
- Bhutta, Neil. 2010. âGSE Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Eïect of the Aïordable Housing Goals.â Journal of Real Estate Finance and Economics (Online First).
Paper not yet in RePEc: Add citation now
- Brunnermeier, Markus K. 2008. âBubbles.â In The New Palgrave Dictionary of Economics, eds. Steven N. Durlauf and Lawrence E. Blume, second edition. Basingstoke: Palgrave Macmillan. Available at http://www.dictionaryofeconomics.com/article? id=pde2008_S000278.
Paper not yet in RePEc: Add citation now
- Brunnermeier, Markus K., Alp Simsek, and Wei Xiong. 2012. âA Welfare Criterion for Models with Distorted Beliefs.â Working Paper. Available at http://www.economics.harvard. edu/faculty/simsek/files/welfare8_a.pdf.
Paper not yet in RePEc: Add citation now
- Burnside, Craig, Martin Eichenbaum, and Sergio Rebelo. 2011. âUnderstanding Booms and Busts in Housing Markets.â Working Paper No. 16734. Cambridge, MA: National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
- Carter, Susan B., Scott S. Gartner, Michael R. Haines, Alan L. Olmstead, Richard Sutch, and Gavin Wright. 2006. Historical Statistics of the United States: Millennial Edition. Cambridge: Cambridge University Press.
Paper not yet in RePEc: Add citation now
Cheng, Ing-Haw, Sahil Raina, and Wei Xiong. 2012. âWall Street and the Housing Bubble: Bad Incentives, Bad Models, or Bad Luck?â Princeton University Working Paper.
- Cochrane, John H. 2005. Asset Pricing, revised edition. Princeton, NJ: Princeton University Press.
Paper not yet in RePEc: Add citation now
- Cordell, Larry, Yilin Huang, and Meredith Williams. 2011. âCollateral Damage: Sizing and Assessing the Subprime CDO Crisis.â Federal Reserve Bank of Philadelphia Working Paper. Available at http://www.philadelphiafed.org/research-and-data/ publications/working-papers/2011/wp11-30.pdf.
Paper not yet in RePEc: Add citation now
- Dang, Tri V., Gary Gorton, and Bengt Holmstrom. 2010. âFinancial Crises and the Optimality of Debt for Liquidity Provision.â Yale School of Management Working Paper.
Paper not yet in RePEc: Add citation now
Dokko, Jane, Brian Doyle, Michael T. Kiley, Jinill Kim, Shane Sherlund, Jae Sim, and Skander Van den Heuvel. 2009. âMonetary Policy and the Housing Bubble.â Board of Governors of the Federal Reserve System, Finance and Economics Discussion Series Papers, No. 2009-49. Washington, DC.
- Eakes, Martin. 2007. âEvolution of an Economic Crisis? The Subprime Lending Disaster and the Threat to the Broader Economy.â Testimony before Joint Economic Committee, September 19, 2007. Available at http://www.responsiblelending.org/ mortgage-lending/policy-legislation/congress/senate-sept-07-final.pdf.
Paper not yet in RePEc: Add citation now
- Elul, Ronel. 1997. âFinancial Innovation, Precautionary Saving and the Risk-Free Rate.â Journal of Mathematical Economics 27(1): 113â131.
Paper not yet in RePEc: Add citation now
Erel, Isil, Taylor D. Nadauld, and Rene M. Stulz. 2011. âWhy Did U.S. Banks Invest in Highly-Rated Securitization Tranches?â Working Paper No. 17269. Cambridge, MA: National Bureau of Economic Research.
- Financial Crisis Inquiry Commission. 2010. âCredit Ratings And the Financial Crisis.â Preliminary Staï Report, June 2, 2010. Available at http://fcic-static.law.stanford.
Paper not yet in RePEc: Add citation now
- Financial Crisis Inquiry Commission. 2011. The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States. New York: Public Aïairs.
Paper not yet in RePEc: Add citation now
- Fishbein, Allen J. 2006. âCalculated Risk: Assessing Non-Traditional Mortgage Products.â Testimony before the Subcommittee on Housing & Transportation and the Subcommittee on Economic Policy; Senate Committee on Banking, Housing, and Urban Aïairs; September 20, 2006. Available at http:// banking.senate.gov/public/index.cfm?Fuseaction=Hearings.Hearing&Hearing_ ID=f70279b0-1372-4075-a740-9a1aeb7bdc3e.
Paper not yet in RePEc: Add citation now
- Flanagan, Christopher, Ting Ko, Seva Levitski, Chris Muth, and Amy Sze. 2006a. âFebruary 2006 House Price Appreciation Update.â J.P. Morgan Global Credit Research, April 11, 2006.
Paper not yet in RePEc: Add citation now
- Flanagan, Christopher, Ting Ko, Seva Levitski, Chris Muth, and Amy Sze. 2006b. âHouse Price Appreciation Update.â JP Morgan Global Credit Research, various dates.
Paper not yet in RePEc: Add citation now
Foote, Christopher L., Kristopher Gerardi, and Paul S. Willen. 2008. âNegative Equity and Foreclosure: Theory and Evidence.â The Journal of Urban Economics 64(2): 234â245.
Foote, Christopher L., Kristopher Gerardi, Lorenz Goette, and Paul S. Willen. 2008. âJust the Facts: An Initial Analysis of Subprimeâs Role in the Housing Crisis.â Journal of Housing Economics 17(4): 291â305.
Fuster, Andreas, David Laibson, and Brock Mendel. 2010. âNatural Expectations and Macroeconomic Fluctuations.â Journal of Economic Perspectives 24(4): 67â84.
- Garber, Peter M. 2000. Famous First Bubbles: The Fundamentals of Early Manias. Cambridge, MA: MIT Press.
Paper not yet in RePEc: Add citation now
- Geanakoplos, John. 2009. âThe Leverage Cycle.â In NBER Macroeconomics Annual 2009, eds. Daron Acemoglu, Kenneth Rogoï, and Michael Woodford, 1â65. Chicago, IL: University of Chicago Press.
Paper not yet in RePEc: Add citation now
Gennaioli, Nicola, and Andrei Shleifer. 2010. âWhat Comes to Mind.â Quarterly Journal of Economics 125(4): 1399â1433.
Gennaioli, Nicola, Andrei Shleifer, and Robert Vishny. 2011 [online proof]. âNeglected Risks, Financial Innovation, and Financial Fragility.â Journal of Financial Economics.
Gerardi, Kristopher S., Christopher L. Foote, and Paul S. Willen. 2011. âReasonable People Did Disagree: Optimism and Pessimism about the U.S. Housing Market Before the Crash.â In Reinventing the American Mortgage System: Rethink, Recover, Rebuild., eds. Marvin Smith and Susan M. Wachter, 36â78. Philadelphia: University of Pennsylvania Press.
Gerardi, Kristopher S., Harvey S. Rosen, and Paul S. Willen. 2010. âThe Impact of Deregulation and Financial Innovation on Consumers: The Case of the Mortgage Market.â Journal of Finance 65(1): 333â360.
Gerardi, Kristopher, Andreas Lehnert, Shane M. Sherlund, and Paul S. Willen. 2008. âMaking Sense of the Subprime Crisis.â Brookings Papers on Economic Activity 2: 69â145.
- Gerth, Jeï. 1981. âSavings Regulators End Mortgage Curb.â The New York Times, April 24.
Paper not yet in RePEc: Add citation now
Ghent, Andrea, Ruben Hernandez-Murillo, and Michael T. Owyang. 2012. âDid Aïordable Housing Legislation Contribute to the Subprime Securities Boom?â Federal Reserve Bank of St. Louis Working Paper 2012-005A. Available at http://research.stlouisfed.org/ wp/2012/2012-005.pdf.
Glaeser, Edward L., Joshua D. Gottlieb, and Joseph Gyourko. 2010. âCan Cheap Credit Explain the Housing Boom?â Working Paper No. 16230. Cambridge, MA: National Bureau of Economic Research.
Gorton, Gary. 2010. Slapped by the Invisible Hand: The Panic of 2007. New York: Oxford University Press.
- Grossman, Sanford J., and Oliver D. Hart. 1980. âDisclosure Laws and Takeover Bids.â Journal of Finance 35(2): 323â334.
Paper not yet in RePEc: Add citation now
- Guttentag, Jack. 1984. âRecent Changes in the Primary Home Mortgage Market.â Housing Finance Review 3: 221â254.
Paper not yet in RePEc: Add citation now
- Harrigan, Susan. 1981. âWachovia Has Other Bankers Taking Notice.â Wall Street Journal, April 27.
Paper not yet in RePEc: Add citation now
- Herzog, John P., and James S. Earley. 1970. âHome Mortgage Delinquency and Foreclosure.â Cambridge, MA: National Bureau of Economic Research. Available at http://www.nber. org/chapters/c3293.pdf.
Paper not yet in RePEc: Add citation now
- Hough, Susan, and Lucile Jones. 2002. âEarthquakes Donât Kill People, Buildings Do.â San Francisco Chronicle Op-Ed Commentary, December 4, 2002. Available at http://pasadena.wr.usgs.gov/oïce/hough/oped-sf.html.
Paper not yet in RePEc: Add citation now
- Inside Mortgage Finance Publications. 2008. 2008 Mortgage Market Statistical Annual. Bethesda, MD.
Paper not yet in RePEc: Add citation now
- Inside Mortgage Finance Publications. 2011. 2011 Mortgage Market Statistical Annual. Bethesda, MD.
Paper not yet in RePEc: Add citation now
- Jiang, Wei, Ashlyn Nelson, and Edward Vytlacil. 2011. âLiarâs Loan? Eïects of Origination Channel and Information Falsiïcation on Mortgage Delinquency.â Columbia University Graduate School of Business Working Paper. Available at http://www.columbia.edu/ ~wj2006/liars_loan.pdf.
Paper not yet in RePEc: Add citation now
- Kashyap, Anil K. 2010. âLessons from the Financial Crisis for Risk Management.â Paper Prepared for the Financial Crisis Inquiry Commission, Feburary 27, 2010. Available at http://faculty.chicagobooth.edu/anil.kashyap/research/papers/lesson_for_ fcic.pdf.
Paper not yet in RePEc: Add citation now
- Khandani, Amir E., Andrew W. Lo, and Robert C. Merton. 2009. âSystemic Risk and the Reïnancing Ratchet Eïect.â Working Paper No. 15362. Cambridge, MA: National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
- Klaman, Saul B. 1959. âThe Postwar Rise of Mortgage Companies.â Bureau of Economic Research Occasional Paper No. 60. New York: National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
- Lewis, Michael. 2010. The Big Short: Inside the Doomsday Machine. New York: W.W. Norton & Company.
Paper not yet in RePEc: Add citation now
- Liu, David. 2005. âCredit Performance of Option ARMs.â U.S. Securitized Products Strategy Group Slide Deck, August 15, 2005.
Paper not yet in RePEc: Add citation now
- MacKay, Charles. 2003 [1841]. Extraordinary Popular Delusions and the Madness of Crowds. Hampshire, England: Harriman House.
Paper not yet in RePEc: Add citation now
- Mago, Akhil, and Sihan Shu. 2005. âHEL Bond Proïle Across HPA Scenarios.â U.S. ABS Weekly Outlook, Lehman Brothers Fixed-Income Research, August 15, 2005.
Paper not yet in RePEc: Add citation now
- McCullough, David. 1977. The Path Between the Seas: The Creation of the Panama Canal, 1870-1914. New York: Simon & Schuster.
Paper not yet in RePEc: Add citation now
- Merton, Robert C. 1969. âLifetime Portfolio Selection Under Uncertainty: The ContinuousTime Case.â Review of Economics and Statistics 51(3): 247â257.
Paper not yet in RePEc: Add citation now
Mian, Atif, and Amir Suï. 2009. âThe Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis.â Quarterly Journal of Economics 124(4): 1449â1496.
Miao, Jianjun, and Pengfei Wang. 2011. âBubbles and Credit Constraints.â Boston University Working Paper. Available at http://people.bu.edu/miaoj/Bubble.pdf.
- Morgenson, Gretchen, and Joshua Rosner. 2011. Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. New York: Times Books.
Paper not yet in RePEc: Add citation now
- Muolo, Paul, and Mathew Padilla. 2010. Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis. New York: John Wiley & Sons.
Paper not yet in RePEc: Add citation now
- National Mortgage News. 2005. âSubprime Growth Fueled $750 Billion in 3rd-Quarter Originations.
Paper not yet in RePEc: Add citation now
- Nocera, Joe. 2011. âInquiry is Missing Bottom Line.â New York Times, page B1. January 29, 2011. Available at http://www.nytimes.com/2011/01/29/business/29nocera.html.
Paper not yet in RePEc: Add citation now
Porter, David, and Vernon L. Smith. 2008. âPrice Bubbles.â In Handbook of Experimental Economics Results, eds. Charles R. Plott and Vernon L. Smith, vol. 1, 247â255. Amsterdam: Elsevier.
Rajan, Raghuram G. 2010. Fault Lines: How Hidden Fractures Still Threaten the World Economy. Princeton, NJ: Princeton University Press.
- Salmon, Felix. 2009. âRecipe for Disaster: The Formula that Killed Wall Street.â Wired Magazine Available at http://www.wired.com/techbiz/it/magazine/17-03/wp_ quant?currentPage=all.
Paper not yet in RePEc: Add citation now
- Savastano, Albert. 2005. âBasic Report: Golden West Financial.â Janney Montgomery Scott, January 13, 2005.
Paper not yet in RePEc: Add citation now
- Shiller, Robert J. 2005. Irrational Exuberance, second edition. Princeton, NJ: Princeton University Press.
Paper not yet in RePEc: Add citation now
- Sichelman, Lew. 1990. âFannie Mae Sets 30 Percent Down on Low-Doc Loan.â Chicago Tribune, July 14, 1990. Available at http://articles.chicagotribune.com/1990-07-14/ news/9002270602_1_low-doc-loan-no-doc-loans-maximum-fha-loan.
Paper not yet in RePEc: Add citation now
- Simon, Ruth, and James R. Hagerty. 2005. âHow American Lenders Shelter Themselves.â Wall Street Journal, page C1. September 22, 2005.
Paper not yet in RePEc: Add citation now
- Simon, Ruth. 2005. âMortgage Lenders Loosen StandardsâDespite Growing Concerns, Banks Keep Relaxing Credit-Score, Income and Debt-Loan Rules.â Wall Street Journal, page D1. July 26, 2005.
Paper not yet in RePEc: Add citation now
- Simsek, Alp. 2012. âBelief Disagreements and Collateral Constraints.â Harvard University Working Paper. Available at http://www.economics.harvard.edu/faculty/simsek/ files/simsekBeliefDisagreementsCollateralConstraints7_EMArevision.pdf.
Paper not yet in RePEc: Add citation now
- Smith, Vernon L., Gerry L. Suchanek, and Arlington W. Williams. 1988. âBubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets.â Econometrica 56(5): 1119â1151.
Paper not yet in RePEc: Add citation now
- Sorkin, Andrew Ross. 2010. Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial Systemâand Themselves. New York: Penguin.
Paper not yet in RePEc: Add citation now
- Tett, Gillian. 2009. Foolâs Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe. New York: Little, Brown.
Paper not yet in RePEc: Add citation now
- Thomas, Jason, and Robert Van Order. 2011. âA Closer Look at Fannie Mae and Freddie Mac: What We Know, What We Think We Know and What We Donât Know.â George Washington University Department of Finance Draft Paper (March).
Paper not yet in RePEc: Add citation now
- Warren, Elizabeth, and Amelia W. Tyagi. 2004. The Two Income Trap: Why Middle-Class Parents Are Going Broke. New York: Basic Books.
Paper not yet in RePEc: Add citation now
- Warren, Elizabeth. 2010. âPriorities for the New Consumer Financial Protection Bureau.â Speech before the Consumer Federation of America Financial Services Conference, December 2, 2010. Available at http://www.treasury.gov/press-center/press-releases/ Pages/tg987.aspx.
Paper not yet in RePEc: Add citation now
- Zimmerman, Thomas. 2005. âSubprime Home Equities: Its (Almost) All About Home Prices.â UBS U.S. Securitized Products Strategy Group, Conference Call Slide Presentation, September 26, 2005.
Paper not yet in RePEc: Add citation now
- Zuckerman, Gregory. 2010. The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Deïed Wall Street and Made Financial History. New York: Crown Business. Conventional Wisdom Borrowers Mortgage Brokers Investment Bankers Lenders/ Investors Insiders Bubble Theory Borrowers Mortgage Brokers Investment Bankers Lenders/ Investors Bubble Fever
Paper not yet in RePEc: Add citation now