Istanbul / Lausanne / Boston / San Diego / Florence / /
Company
Kellogg / /
Country
United States / Columbia / /
Facility
Free University of Brussels / /
IndustryTerm
bank / eviction technology / real estate market / /
Organization
Free University of Brussels / North American Econometric Society / Western Finance Association / Toulouse School of Economics / Hautes Etudes Commerciales / Society for Economic Dynamics / London Business School / Federal Reserve Bank / Stanford / /
Person
Tomasz Piskorski / Harold Cole / Joao Cocco / GUILLAUME PLANTIN / Andrei Shleifer / IGOR MAKAROV / Atif Mian / Harald Uhlig / Andrea Buffa / Oleg Rytchkov / Bernard Dumas / Cam Harvey / /
Equilibrium Subprime Lending IGOR MAKAROV and GUILLAUME PLANTIN∗ ABSTRACT This paper develops an equilibrium model of a subprime mortgage market. Our goal is to offer a benchmark with which the recent subprime boom and