The shadow banking system is a web of specialised financial institutions that channel
funding from savers to investors through a range of securitisation and secured funding …

Shadow bank market share in residential mortgage origination nearly doubled from 2007 to
2015, with particularly dramatic growth among online “fintech” lenders. We study how two …

We assess the complicated reality of monetary policy transmission through mortgage
markets by synthesizing the existing literature on the role of refinancing in policy …

Anti-Crisis Skip to content Should you have institutional access? Here's how to get it ... De
Gruyter € EUR - Euro £ GBP - Pound $ USD - Dollar EN English Deutsch 0 Subjects Skip section …

The reputation of the financial industry could hardly be worse than it is today in the painful
aftermath of the 2008 financial crisis. New York Times best-selling economist Robert Shiller …

I investigate how the structure of the mortgage market influences macroeconomic dynamics,
using a general equilibrium framework with prepayable debt and a limit on the ratio of …

In this article, we describe how residential segregation and individual racial disparities
generate racialized patterns of subprime lending and lead to financial loss among black …

The recent financial crisis has generated many distinct perspectives from various quarters. In
this article, I review a diverse set of twenty-one books on the crisis, eleven written by …

Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great
Recession brought into sharp relief the power that the global financial sector holds over …

In the decade following the housing crisis, Americans remain enthusiastic about the
prospect of owning a home. Homeownership is a symbol of status attainment in the United …