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Published / Preprint: Foreclosures, House Prices, and the Real Economy Posted: 07 Aug 2015 01:38 PM PDT From 2007 to 2009, states without a judicial requirement for foreclosures were twice as likely to foreclose on delinquent homeowners. Analysis of borders of states with differing foreclosure laws reveals a discrete jump in foreclosure propensity as one enters nonjudicial states. Using state judicial requirement as an instrument for foreclosures, we show that foreclosures led to a large decline in... Visit MoneyScience for the Complete Article. |
Blog Post: TheAlephBlog: Buying The Next Hot Idea Posted: 07 Aug 2015 07:06 AM PDT |
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