Credit Supply and House Prices: Evidence from Mortgage Market Segmentation
NBER Working Paper No. 17832
---- Acknowledgements ----
We thank Viral Acharya, Chris Foote, Gustavo Manso, Atif Mian, Sendhil Mullainathan, Chris Mayer, David Scharfstein, Todd Sinai, Mathew Slaughter, Jeremy Stein, Bill Wheaton, and seminar participants at the 2012 AEA Conference, CFS-EIEF Conference on Household Finance, Columbia Business School, Dartmouth College, Duke University, Federal Reserve Bank of Boston, Federal Reserve Bank of Philadelphia, Federal Reserve Board, McGill University, MIT Finance Lunch, NBER Asset Pricing and Household Finance meetings, Princeton University, University of California at Berkeley, Weimer School May 2012 Meetings, Western Finance Association 2012 Meetings, and Yale School of Management for thoughtful comments. We also thank Andrew Cramond from Dataquick for help with the data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.