The Impact of Foreclosure Delay on U.S. Employment
---- Acknowledgments ----
We are grateful for comments from Manuel Amador, Michael Boskin, V.V. Chari, Satyajit Chatterjee, John Cochrane, Steve Davis, Peter Diamond, Carlos Garriga, Kris Gerardi, Patrick Kehoe, Juan Sanchez, Sam Schulhofer-Wohl, Robert Shimer, and seminar participants at the Hoover Institution, NBER Summer Institute, IMF Jacques Polak Conference, HULM, and the Federal Reserve Banks of Minneapolis and St. Louis. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.