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Publications

Publications

Filter Results: (9) Arrow Down
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Show Results For

  • All HBS Web  (9)
    • News  (1)
    • Research  (7)
  • Faculty Publications  (2)

Show Results For

  • All HBS Web  (9)
    • News  (1)
    • Research  (7)
  • Faculty Publications  (2)
Page 1 of 9 Results
  • 01 Oct 2009
  • Working Paper Summaries

Systemic Risk and the Refinancing Ratchet Effect

Keywords: by Amir E. Khandani, Andrew W. Lo & Robert C. Merton; Construction; Real Estate
  • 29 Sep 2009
  • First Look

First Look: September 29

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1471435 Systemic Risk and the Refinancing Ratchet Effect Authors:Amir E. Khandani, Andrew W.... View Details
Keywords: Martha Lagace
  • 15 Feb 2011
  • First Look

First Look: Feb. 15

Alive: Exploring Generative Moments in Doing Qualitative Research. Vol. 27, edited by Arne Carlsen and Jane E. Dutton. Advances in Organization Studies. Copenhagen Business School Press, forthcoming An... View Details
Keywords: Sean Silverthorne
  • Web

Placement - Doctoral

studies, are uniquely individualized. Factors like departmental fit, location preferences, dual career choices, and family needs shape these decisions. We celebrate when students secure a position that brings them joy! Students are supported throughout their job search... View Details
  • 2009
  • Working Paper

Systemic Risk and the Refinancing Ratchet Effect

By: Amir E. Khandani, Andrew W. Lo and Robert C. Merton
The confluence of three trends in the U.S. residential housing market—rising home prices, declining interest rates, and near-frictionless refinancing opportunities—led to vastly increased systemic risk in the financial system. Individually, each of these trends is... View Details
Keywords: Housing; Mortgages; Risk and Uncertainty; Value; Mathematical Methods; Real Estate Industry; United States
Citation
Related
Khandani, Amir E., Andrew W. Lo, and Robert C. Merton. "Systemic Risk and the Refinancing Ratchet Effect." NBER Working Paper Series, No. 15362, September 2009.
  • 2009
  • Working Paper

Systemic Risk and the Refinancing Ratchet Effect

By: Amir E. Khandani, Andrew W. Lo and Robert C. Merton
The confluence of three trends in the U.S. residential housing market-rising home prices, declining interest rates, and near-frictionless refinancing opportunities-led to vastly increased systemic risk in the financial system. Individually, each of these trends is... View Details
Keywords: Equity; Mortgages; Interest Rates; Price; Housing; Risk and Uncertainty; United States
Citation
Read Now
Related
Khandani, Amir E., Andrew W. Lo, and Robert C. Merton. "Systemic Risk and the Refinancing Ratchet Effect." Harvard Business School Working Paper, No. 10-023, September 2009. (Revised July 2010.)
  • 13 Jul 2010
  • First Look

First Look: July 13

Refinancing Ratchet Effect (revised) Authors:Amir E. Khandani, Andrew W. Lo, and Robert C. Merton Abstract The confluence of three trends in the... View Details
Keywords: Martha Lagace
  • 01 Mar 2015
  • News

Alumni and Faculty Books for March 2015

one-story former garage on Grand Street in Soho that would be the main home of Deitch Projects for fifteen years. A Photographic Odyssey: Around the World with Alexander W. Dreyfoos by Alexander View Details
Keywords: Publishing Industries (except Internet); Information
  • 01 May 2007
  • First Look

First Look: May 1, 2007

Periodical:Research on Emotions in Organizations. Vol. 3, edited by N. M. Ashkanasy, W. J. Zerbe and C. E. J. Härtel. Amsterdam: Elsevier, provisionally accepted Abstract... View Details
Keywords: Sean Silverthorne
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