| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25246 |
| 来源ID | Working Paper 25246 |
| Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s | |
| Price Fishback; Sebastián Fleitas; Jonathan Rose; Kenneth Snowden | |
| 发表日期 | 2018-11-12 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Foreclosures led to severe disruptions in home mortgage lending during the recent Great Recession and the Great Depression of the 1930s. It is difficult to measure these impacts in the modern market where origination, funding and servicing are separated within complex lending structures, but during the 1930s local building & loans (B&Ls) combined all three functions. We measure the impact of foreclosures on new mortgage lending using a panel of all B&Ls in 4 states. The foreclosure overhang explains about 30 percent of the drop in new mortgage lending by B&Ls as the housing crisis intensified between 1930 and 1935. |
| 主题 | Macroeconomics ; Business Cycles ; Money and Interest Rates ; Financial Economics ; Financial Institutions ; History ; Macroeconomic History ; Financial History ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w25246 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582920 |
| 推荐引用方式 GB/T 7714 | Price Fishback,Sebastián Fleitas,Jonathan Rose,et al. Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25246.pdf（563KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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