Details about Susan M. Wachter

Access statistics for papers by Susan M. Wachter.

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Short-id: pwa297

Working Papers

2012

1. Explaining the Housing Bubble
   MPRA Paper, University Library of Munich, Germany

2009

2. Misaligned Incentives and Mortgage Lending in Asia
   Microeconomics Working Papers, East Asian Bureau of Economic Research
   See also Chapter (2009)

2006

3. Immigration and the Neighborhood
   IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (3)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2006) View citations (6)
   See also Journal Article in American Economic Journal: Economic Policy (2011)
4. Underpriced Default Spread Exacerbates Market Crashes
   Working Papers, Singapore Management University, School of Economics View citations (1)
   Also in Finance Working Papers, East Asian Bureau of Economic Research (2006) View citations (3)

2002

5. Racial Differences in Homeownership: The Effect of Residential Location
   Working papers, University of Connecticut, Department of Economics View citations (3)
   See also Journal Article in Regional Science and Urban Economics (2003)

1999

6. Do Cities and Suburbs Cluster?
   Yale School of Management Working Papers, Yale School of Management View citations (1)
7. Real Estate Booms and Banking Busts: An International Perspective
   Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations (56)

1998

8. Clustering Methods for Real Estate Portfolios
   Yale School of Management Working Papers, Yale School of Management View citations (6)
   See also Journal Article in Real Estate Economics (1995)
9. Community Reinvestment and Credit Risk: Evidence from an Affordable Home Loan Program
   Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (5)
   See also Journal Article in Real Estate Economics (1999)
10. REIT Economies of Scale: Fact or Fiction?
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (1)
11. Real Estate Cycles and Banking Crises: An International Perspective
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (1)

1996

12. Borrowing Constraints and the Tenure Choice of Young Households
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
13. Expected Home Ownership and Real Wealth Accumulation of Youth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
14. Suburbs and Cities
    Yale School of Management Working Papers, Yale School of Management

1995

15. Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)

1991

16. Clustering Methods and Commercial Rents
    Working Papers, Columbia - Graduate School of Business

Undated

17. A Tale of Two Cities: Racial and Ethnic Geographic Disparities in Home Mortgage Lending in Boston and Philadelphia
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (10)
18. An Economic Analysis of Housing Abandonment
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
    See also Journal Article in Journal of Housing Economics (1998)
19. Anistropic Autocorrelation in House Prices
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
    See also Journal Article in The Journal of Real Estate Finance and Economics (2001)
20. Bubbles in Real Estate Markets
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (12)
21. Does Credit Quality Matter for Homeownership?
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
    See also Journal Article in Journal of Housing Economics (2003)
22. Employment Access, Residential Location and Homeownership
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
23. Managing Metropolitan Futures: The Role of Information Intermediaries
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
24. Polarization and Public Housing in the United States
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
25. Robbing the Bank: Non-recourse Lending and Asset Prices
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
    See also Journal Article in The Journal of Real Estate Finance and Economics (2004)
26. The Differential Impacts of Federally Assisted Housing Programs on Nearby Property Values: A Philadelphia Case Study
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (7)
27. The Future of Public Housing
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
28. The Impacts Of Affordable Lending Efforts On Homeownership Rates
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (7)
    Also in Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
    See also Journal Article in Journal of Housing Economics (2003)
29. The Inflationary Impact of Excess Demand in Agriculture
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research
30. The Neighborhood Distribution of Subprime Mortgage Lending
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (3)
    See also Journal Article in The Journal of Real Estate Finance and Economics (2004)
31. The Role of Speculation in Real Estate Cycles
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania View citations (15)

Journal Articles

2012

1. Mortgage Product Substitution and State Anti-predatory Lending Laws: Better Loans and Better Borrowers?
   Atlantic Economic Journal, 2012, 40, (3), 273-294

2011

2. Immigration and the Neighborhood
   American Economic Journal: Economic Policy, 2011, 3, (2), 169-88 View citations (2)
   See also Working Paper (2006)
3. Subprime Lending and Real Estate Prices
   Real Estate Economics, 2011, 39, (1), 1-17 View citations (1)

2010

4. Credit impairment and housing tenure status
   Journal of Housing Economics, 2010, 19, (3), 219-232
5. The Ongoing Financial Upheaval: Understanding the Sources and Way Out
   International Real Estate Review, 2010, 13, (2), 218-237

2009

6. Mortgage Put Options and Real Estate Markets
   The Journal of Real Estate Finance and Economics, 2009, 38, (1), 89-103 View citations (3)

2008

7. Green investment strategies: a positive force in cities
   Communities and Banking, 2008, (Spr), 24-27
8. Special issue on subprime mortgage lending
   Journal of Housing Economics, 2008, 17, (4), 253-253
9. State and local anti-predatory lending laws: The effect of legal enforcement mechanisms
   Journal of Economics and Business, 2008, 60, (1-2), 47-66 View citations (13)
10. What Is a Tree Worth? Green-City Strategies, Signaling and Housing Prices
    Real Estate Economics, 2008, 36, (2), 213-239

2007

11. The housing finance revolution
    Proceedings, 2007, 21-67 View citations (11)

2006

12. The Inevitability of Marketwide Underpricing of Mortgage Default Risk
    Real Estate Economics, 2006, 34, (4), 479-496 View citations (10)

2005

13. Bank lending and real estate in Asia: market optimism and asset bubbles
    Journal of Asian Economics, 2005, 15, (6), 1103-1118 View citations (8)
14. Comment on "Resolving large financial intermediaries: Banks versus housing enterprises" by Eisenbeis et al
    Journal of Financial Stability, 2005, 1, (3), 447-450 View citations (1)
15. Subprime lending: neighborhood patterns over time
    Proceedings, 2005, (Apr) View citations (3)
16. The American Mortgage in Historical and International Context
    Journal of Economic Perspectives, 2005, 19, (4), 93-114 View citations (45)

2004

17. Robbing the Bank: Non-recourse Lending and Asset Prices
    The Journal of Real Estate Finance and Economics, 2004, 28, (2_3), 147-160 View citations (1)
    See also Working Paper
18. The Neighborhood Distribution of Subprime Mortgage Lending
    The Journal of Real Estate Finance and Economics, 2004, 29, (4), 393-410 View citations (18)
    See also Working Paper

2003

19. Commentary
    Economic Policy Review, 2003, (Jun), 167-168
20. Does credit quality matter for homeownership?
    Journal of Housing Economics, 2003, 12, (4), 318-336 View citations (27)
    See also Working Paper
21. Racial differences in homeownership: the effect of residential location
    Regional Science and Urban Economics, 2003, 33, (5), 517-556 View citations (21)
    See also Working Paper (2002)
22. The impacts of affordable lending efforts on homeownership rates
    Journal of Housing Economics, 2003, 12, (1), 29-59 View citations (12)
    See also Working Paper

2002

23. Special issue on housing policy
    Journal of Housing Economics, 2002, 11, (3), 183-186

2001

24. Anisotropic Autocorrelation in House Prices
    The Journal of Real Estate Finance and Economics, 2001, 23, (1), 5-30 View citations (17)
    See also Working Paper

1999

25. Analyzing the Relationships among Race, Wealth, and Home Ownership in America
    Journal of Housing Economics, 1999, 8, (2), 63-89 View citations (15)
26. Community Reinvestment and Credit Risk: Evidence from an Affordable-Home-Loan Program
    Real Estate Economics, 1999, 27, (1), 105-134 View citations (6)
    See also Working Paper (1998)

1998

27. An Economic Analysis of Housing Abandonment
    Journal of Housing Economics, 1998, 7, (4), 287-303
    See also Working Paper
28. Information Externalities and Home Mortgage Underwriting
    Journal of Urban Economics, 1998, 44, (3), 317-332 View citations (7)

1997

29. Discrimination in Financial Services: What Do We Know?
    Journal of Financial Services Research, 1997, 11, (1), 205-208 View citations (2)
30. Do Borrowing Constraints Change U.S. Homeownership Rates?
    Journal of Housing Economics, 1997, 6, (4), 318-333 View citations (16)
31. Frequency of Transaction and House Price Modeling
    The Journal of Real Estate Finance and Economics, 1997, 14, (1-2), 173-87 View citations (18)

1995

32. Clustering Methods for Real Estate Portfolios
    Real Estate Economics, 1995, 23, (3), 271-310 View citations (9)
    See also Working Paper (1998)

1994

33. Beyond bricks and mortar: Reexamining the purpose and effects of housing assistance, by Sandra J. Newman and Ann B. Schnare. Washington DC: Urban Institute Press, 1992, 160 pp. Price: $46.50 cloth, $18.50 paper
    Journal of Policy Analysis and Management, 1994, 13, (2), 393-396
34. Borrower and Neighborhood Racial and Income Characteristics and Financial Institution Mortgage Application Screening
    The Journal of Real Estate Finance and Economics, 1994, 9, (3), 223-39 View citations (12)
    Also in Proceedings, 1994, 223-243 (1994) View citations (12)
35. Homogeneous Groupings of Metropolitan Housing Markets
    Journal of Housing Economics, 1994, 3, (3), 186-206 View citations (4)

1992

36. Did Office Market Size Matter in the 1980s? A Time-Series Cross-Sectional Analysis of Metropolitan Area Office Markets
    Real Estate Economics, 1992, 20, (2), 302-324 View citations (4)

1991

37. On Choosing Among House Price Index Methodologies
    Real Estate Economics, 1991, 19, (3), 286-307 View citations (40)

1990

38. Housing issues of the 1990s, by Sara Rosenberry and Chester Hartman. New York: Praeger, 1989, 240 pp. Price: $55.00 cloth
    Journal of Policy Analysis and Management, 1990, 9, (3), 422-425
39. The Effects of Land-Use Constraints on Housing Prices
    Land Economics, 1990, 66, (3), 315-324 View citations (31)

1989

40. The Impacts of Borrowing Constraints on Homeownership
    Real Estate Economics, 1989, 17, (4), 389-402 View citations (74)

Chapters

2009

1. Misaligned Incentives and Mortgage Lending in Asia
   A chapter in Financial Sector Development in the Pacific Rim, East Asia Seminar on Economics, Volume 18, 2009, pp 95-111 View citations (1)
   See also Working Paper (2009)

2005

2. Residential real estate price indices as financial soundness indicators: methodological issues
   A chapter in Real estate indicators and financial stability, 2005, vol. 21, pp 197-211 View citations (1)

1979

3. Structuralism vs. Monetarism: Inflation in Chile
   A chapter in Short-Term Macroeconomic Policy in Latin America, 1979, pp 227-256 View citations (1)

1975

4. Comment on "Housing Policy, Mortgage Policy, and the Federal Housing Administration"
   A chapter in Measuring and Managing Federal Financial Risk, 1975, pp 125-130