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Mortgage Default and Bankruptcy:   Theory and Empirical Evi Mortgage Default and Bankruptcy:   Theory and Empirical Evi

Mortgage Default and Bankruptcy: Theory and Empirical Evi - PowerPoint Presentation

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Uploaded On 2017-07-10

Mortgage Default and Bankruptcy: Theory and Empirical Evi - PPT Presentation

Wenli Li FRB Philadelphia Michelle J White UCSD and NBER What we do Examine the interaction of homeowners decisions to default on their mortgages and file for bankruptcy We test W ID: 568849

default bankruptcy effect predicted bankruptcy default predicted effect homeowners mortgage debt liquidity income high mortgages actual cross decisions sequence

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