Subprime Lending: Did it Lead to the Real Estate Boom and Bust?

Is there a link between the availability of aggressive home loan lending and the price of homes? In a paper presented at the Far East and South Asian Meeting of the Econometric Society 2008, hosted by the Singapore Management University, Wharton professors Susan Wachter and Andrey Pavlov show that i...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
Online Access:https://ink.library.smu.edu.sg/ksmu/350
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1349&context=ksmu
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Institution: Singapore Management University
Language: English