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

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Date: 2012-11-30 14:32:47 Mortgage Macroeconomics Interest rates Economic bubbles Economy of the United States Subprime lending Mortgage loan Late-2000s financial crisis Foreclosure United States housing bubble Economics Economic history		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 Add to Reading List Source URL: www.gplantin.net Download Document from Source Website File Size: 853,84 KB Share Document on Facebook

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