NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy

David W. Berger, Konstantin Milbradt, Fabrice Tourre, Joseph Vavra

NBER Working Paper No. 25157
Issued in October 2018, Revised in December 2018

---- Acknowledgments ----

We would like to thank Dajoing Zhai, Ariza Gusti and Yang Zhang for excellent research assistance. We would also like to thank our discussant Dan Greenwald as well as Erik Hurst, Andreas Fuster, Pascal Noel, Amir Sufi, Amit Seru, Sam Hanson, Gadi Barlevy, Anil Kashyap, Arlene Wong, Greg Kaplan, Adi Sunderam and seminar participants at NYU, NBER ME, Duke, Northwestern Housing and Macro Conference, the ECB, Arizona State, the Chicago Fed, Marquette, Copenhagen Business School, EIEF, University of Munich, the Bank of Canada and the Philadelphia Fed. This research was supported by the Institute for Global Markets and the Fama-Miller Center at the University of Chicago Booth School of Business, and the Guthrie Center for Real Estate Research at Kellogg. Fabrice Tourre is also affiliated with the Danish Finance Institute and kindly acknowledges its financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us