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Andra Ghent

As the U.S. economy continues to emerge from the Great Recession, there is no shortage of theories and opinions about what caused it. Some observers and commentators have argued that affordable... Read More

Erwan Quintin
The Rise of Securitizationby: Erwan QuintinWednesday, October 31, 2012

The recent boom-bust episode in home values was accompanied by an equally striking boom-bust pattern in the volume of mortgage-backed security issuances. My recent research focuses on understanding... Read More

Morris Davis

For decades U.S. housing policy has focused on promoting homeownership. But has the policy worked? Is it a worthwhile policy goal? And what does it cost U.S. taxpayers?  My analysis, published by... Read More

Abdullah Yavas

The U.S. economy recently experienced one of the worst financial and economic crises since the Great Depression. The crisis was triggered by a collapse of the bubble in residential real estate markets... Read More