What Fuels the Boom Drives the Bust : Regulation and the Mortgage Crisis /

We show that the lightly regulated non-bank mortgage originators contributed disproportionately to the recent boom-bust housing cycle. Using comprehensive data on mortgage originations, which we aggregate at the county level, we first establish that the market share of these independent non-bank len...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Dagher, Jihad
מחברים אחרים: Fu, Ning
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2011.
סדרה:IMF Working Papers; Working Paper ; No. 2011/215
גישה מקוונת:Full text available on IMF