메뉴 건너뛰기




Volumn 24, Issue 5, 2011, Pages 1447-1480

Informed and uninformed investment in housing: The downside of diversification

Author keywords

[No Author keywords available]

Indexed keywords


EID: 79954467404     PISSN: 08939454     EISSN: 14657368     Source Type: Journal    
DOI: 10.1093/rfs/hhq142     Document Type: Article
Times cited : (129)

References (33)
  • 2
    • 79954481029 scopus 로고    scopus 로고
    • Understanding the securitization of sub-prime mortgage credit
    • Ashcraft, A. B., and T. Schuermann. 2008. Understanding the Securitization of Sub-prime Mortgage Credit. Mimeo, http://papers.ssrn.com/sol3/ papers.cfm?abstract id=1071189&rec=1&srcabs=1093137.
    • (2008) Mimeo
    • Ashcraft, A.B.1    Schuermann, T.2
  • 3
    • 0033074730 scopus 로고    scopus 로고
    • The consolidation of the financial services industry: Cause, consequences, and implications for the future
    • Berger, A. N., R. S. Demsetz, and P. E. Strahan. 1999. The Consolidation of the Financial Services Industry: Cause, Consequences, and Implications for the Future. Journal of Banking and Finance 23:135-94.
    • (1999) Journal of Banking and Finance , vol.23 , pp. 135-194
    • Berger, A.N.1    Demsetz, R.S.2    Strahan, P.E.3
  • 4
    • 16844377675 scopus 로고    scopus 로고
    • Does function follow form? Evidence from the lending practices of large and small banks
    • Berger, A. N., N. Miller, M. Petersen, R. G. Rajan, and J. Stein. 2005. Does Function Follow Form? Evidence from the Lending Practices of Large and Small Banks. Journal of Financial Economics 76:237-69.
    • (2005) Journal of Financial Economics , vol.76 , pp. 237-269
    • Berger, A.N.1    Miller, N.2    Petersen, M.3    Rajan, R.G.4    Stein, J.5
  • 5
    • 0042090711 scopus 로고    scopus 로고
    • Entrepreneurship and bank credit availability
    • Black, S. E., and P. E. Strahan. 2002. Entrepreneurship and Bank Credit Availability. Journal of Finance 57:2807-33. (Pubitemid 36937861)
    • (2002) Journal of Finance , vol.57 , Issue.6 , pp. 2807-2833
    • Black, S.E.1    Strahan, P.E.2
  • 7
    • 85011655177 scopus 로고    scopus 로고
    • Deciphering the 2007-08 liquidity and credit crisis
    • Brunnermeier, M. K. 2008. Deciphering the 2007-08 Liquidity and Credit Crisis. Journal of Economic Perspectives 23:77-100.
    • (2008) Journal of Economic Perspectives , vol.23 , pp. 77-100
    • Brunnermeier, M.K.1
  • 8
    • 33645084801 scopus 로고    scopus 로고
    • Finance as a barrier to entry: Bank competition and industry structure in local U.S. markets
    • DOI 10.1111/j.1540-6261.2006.00841.x
    • Cetorelli, N., and P. E. Strahan. 2006. Finance as a Barrier to Entry: Bank Competition and Industry Structure in U. S. Local Markets. Journal of Finance 61:437-61. (Pubitemid 43425524)
    • (2006) Journal of Finance , vol.61 , Issue.1 , pp. 437-461
    • Cetorelli, N.1    Strahan, P.E.2
  • 12
    • 79953208232 scopus 로고    scopus 로고
    • Understanding the subprime mortgage crisis
    • Advance Access published May 4, 2009, 10.1093/rfs/hhp033
    • Demyanyk, Y., and O. Van Hemert. 2009. Understanding the Subprime Mortgage Crisis. Review of Financial Studies Advance Access published May 4, 2009, 10.1093/rfs/hhp033.
    • (2009) Review of Financial Studies
    • Demyanyk, Y.1    Van Hemert, O.2
  • 15
    • 22144467681 scopus 로고    scopus 로고
    • Fussing and fuming about fannie and freddie: How much smoke, how much fire?
    • Frame, W. S., and L. J. White. 2005. Fussing and Fuming about Fannie and Freddie: How Much Smoke, How Much Fire? Journal of Economic Perspectives 19:158-84.
    • (2005) Journal of Economic Perspectives , vol.19 , pp. 158-184
    • Frame, W.S.1    White, L.J.2
  • 17
    • 0001188867 scopus 로고
    • On the impossibility of informationally effcient markets
    • Grossman, S. J., and J. E. Stiglitz. 1981. On the Impossibility of Informationally Effcient Markets. American Economic Review 70:393-408.
    • (1981) American Economic Review , vol.70 , pp. 393-408
    • Grossman, S.J.1    Stiglitz, J.E.2
  • 18
    • 0039863891 scopus 로고    scopus 로고
    • The finance-growth nexus: Evidence from bank branch deregulation
    • Jayaratne, J., and P. E. Strahan. 1996. The Finance-growth Nexus: Evidence from Bank Branch Deregulation. Quarterly Journal of Economics 101:639-70.
    • (1996) Quarterly Journal of Economics , vol.101 , pp. 639-670
    • Jayaratne, J.1    Strahan, P.E.2
  • 19
    • 76049120993 scopus 로고    scopus 로고
    • Did securitization lead to lax screening? Evidence from subprime loans
    • Keys, B. J., T. K. Mukerjee, A. Seru, and V. Vig. 2010. Did Securitization Lead to Lax Screening? Evidence from Subprime Loans. Quarterly Journal of Economics 125:307-62.
    • (2010) Quarterly Journal of Economics , vol.125 , pp. 307-362
    • Keys, B.J.1    Mukerjee, T.K.2    Seru, A.3    Vig, V.4
  • 20
    • 0039844367 scopus 로고    scopus 로고
    • What drives deregulation? Economics and politics of the relaxation of bank branching restrictions
    • Kroszner, R. S., and P. E. Strahan. 1999. What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions. Quarterly Journal of Economics 114:1437-67.
    • (1999) Quarterly Journal of Economics , vol.114 , pp. 1437-1467
    • Kroszner, R.S.1    Strahan, P.E.2
  • 22
    • 0000140435 scopus 로고
    • Information asymmetries, financial structure, and financial intermediation
    • Leland, H., and D. Pyle. 1977. Information Asymmetries, Financial Structure, and Financial Intermediation. Journal of Finance 32:371-87.
    • (1977) Journal of Finance , vol.32 , pp. 371-387
    • Leland, H.1    Pyle, D.2
  • 23
    • 70349459777 scopus 로고    scopus 로고
    • Estimating the effects of hierarchies on information use
    • Liberti, J., and A. Mian. 2009. Estimating the Effects of Hierarchies on Information Use. Review of Financial Studies 22:4057-90.
    • (2009) Review of Financial Studies , vol.22 , pp. 4057-4090
    • Liberti, J.1    Mian, A.2
  • 24
    • 79954514954 scopus 로고    scopus 로고
    • Forthcoming. The role of securitization in bank liquidity and funding management
    • Loutskina, E. Forthcoming. The Role of Securitization in Bank Liquidity and Funding Management. Journal of Financial Economics.
    • Journal of Financial Economics
    • Loutskina, E.1
  • 25
    • 62449256584 scopus 로고    scopus 로고
    • Securitization and the declining impact of bank financial condition on loan supply: Evidence from mortgage originations
    • Loutskina, E., and P. E. Strahan. 2009. Securitization and the Declining Impact of Bank Financial Condition on Loan Supply: Evidence from Mortgage Originations. Journal of Finance 64:861-922.
    • (2009) Journal of Finance , vol.64 , pp. 861-922
    • Loutskina, E.1    Strahan, P.E.2
  • 26
    • 72449151676 scopus 로고    scopus 로고
    • The consequences of mortgage credit expansion: Evidence from the 2007 mortgage crisis
    • Mian, A., and A. Suf. 2009. The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Crisis. Quarterly Journal of Economics 124:1449-96.
    • (2009) Quarterly Journal of Economics , vol.124 , pp. 1449-1496
    • Mian, A.1    Suf, A.2
  • 27
    • 79954510464 scopus 로고    scopus 로고
    • Seismic effects of the bankruptcy reform
    • Available at SSRN
    • Morgan, D. P., B. C. Iverson, and M. Botsch. 2009. Seismic Effects of the Bankruptcy Reform. FRB of New York Staff Report 358. Available at SSRN: http://ssrn.com/abstract=1310304.
    • (2009) FRB of New York Staff Report , vol.358
    • Morgan, D.P.1    Iverson, B.C.2    Botsch, M.3
  • 28
    • 23944498148 scopus 로고    scopus 로고
    • The effect of housing government-sponsored enterprises on mortgage rates
    • DOI 10.1111/j.1540-6229.2005.00125.x
    • Passmore, W., S. M. Sherlund, and G. Burgess. 2005. The Effect of Housing Government-sponsored Enterprises on Mortgage Rates. Real Estate Economics 33:427-63. (Pubitemid 41187149)
    • (2005) Real Estate Economics , vol.33 , Issue.3 , pp. 427-463
    • Passmore, W.1    Sherlund, S.M.2    Burgess, G.3
  • 29
    • 77953808357 scopus 로고    scopus 로고
    • Forthcoming. Securitization and distressed loan negotiation: Evidence from the subprime mortgage crisis
    • Piszkorski, T., A. Seru, and V. Vig. Forthcoming. Securitization and Distressed Loan Negotiation: Evidence from the Subprime Mortgage Crisis. Journal of Financial Economics.
    • Journal of Financial Economics
    • Piszkorski, T.1    Seru, A.2    Vig, V.3
  • 30
    • 84862994884 scopus 로고    scopus 로고
    • Forthcoming. Originate-to-distribute model and the sub-prime mortgage crisis
    • Purnanandam, A. Forthcoming. Originate-to-distribute Model and the Sub-prime Mortgage Crisis. Review of Financial Studies.
    • Review of Financial Studies
    • Purnanandam, A.1
  • 32
    • 77953682226 scopus 로고    scopus 로고
    • Does credit competition affect small-frm finance?
    • Rice, T., and P. E. Strahan. 2010. Does Credit Competition Affect Small-frm Finance? Journal of Finance 65:861-89.
    • (2010) Journal of Finance , vol.65 , pp. 861-889
    • Rice, T.1    Strahan, P.E.2
  • 33
    • 0008443175 scopus 로고    scopus 로고
    • Information production and capital allocation: Decentralized versus hierarchical firms
    • Stein, J. 2002. Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms. Journal of Finance 57:1891-921. (Pubitemid 36932102)
    • (2002) Journal of Finance , vol.57 , Issue.5 , pp. 1891-1921
    • Stein, J.C.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.