Details about Gene Amromin

Access statistics for papers by Gene Amromin.

Last updated 2025-04-28. Update your information in the RePEc Author Service.

Short-id: pam179

Working Papers

2025

1. Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks
   Working Papers, Federal Reserve Bank of Dallas
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2025)
   Supervisory Research and Analysis Working Papers, Federal Reserve Bank of Boston (2025)

2020

2. Refinancing, Monetary Policy, and the Credit Cycle
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)

2017

3. Household Inequality and the Consumption Response to Aggregate Real Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (2)
   See also Journal Article Household Inequality and the Consumption Response to Aggregate Real Shocks, Economic Perspectives, Federal Reserve Bank of Chicago (2018) View citations (7) (2018)
4. The Housing Crisis and the Rise in Student Loans
   2017 Meeting Papers, Society for Economic Dynamics View citations (4)
5. The Politics of Foreclosures
   Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics
   See also Journal Article The Politics of Foreclosures, Journal of Finance, American Finance Association (2018) View citations (14) (2018)

2016

6. Loan Product Steering in Mortgage Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
   Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2016) View citations (11)
7. Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program
   Research Papers, Stanford University, Graduate School of Business View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (39)
   Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2012) View citations (36)
   Working Paper Series, Federal Reserve Bank of Chicago (2013) View citations (30)
   See also Journal Article Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program, Journal of Political Economy, University of Chicago Press (2017) View citations (114) (2017)

2015

8. Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)

2014

9. Access to Refinancing and Mortgage Interest Rates: HARPing on the Importance of Competition
   Working Paper Series, Federal Reserve Bank of Chicago View citations (6)
10. Holdup by Junior Claimholders: Evidence from the Mortgage Market
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Holdup by Junior Claimholders: Evidence from the Mortgage Market, Journal of Financial and Quantitative Analysis, Cambridge University Press (2019) View citations (5) (2019)
11. Second Liens and the Holdup Problem in Mortgage Renegotiation
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (8)
12. The Effectiveness of Mandatory Mortgage Counseling: Can One Dissuade Borrowers from Choosing Risky Mortgages?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)

2013

13. Predatory Lending and the Subprime Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2012) View citations (1)
    See also Journal Article Predatory lending and the subprime crisis, Journal of Financial Economics, Elsevier (2014) View citations (38) (2014)

2012

14. From the horse’s mouth: how do investor expectations of risk and return vary with economic conditions?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (3)

2011

15. Complex Mortgages
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2010) View citations (3)
16. Does Mandatory Loan Review Affect Mortgage Contract Choice and Performance?
    NFI Working Papers, Indiana State University, Scott College of Business, Networks Financial Institute
17. Market-based loss mitigation practices for troubled mortgages following the financial crisis
    Working Paper Series, Federal Reserve Bank of Chicago View citations (24)
    Also in Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics (2010) View citations (8)
18. The Role of Securitization in Mortgage Renegotiation
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (100)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2011) View citations (81)
    See also Journal Article The role of securitization in mortgage renegotiation, Journal of Financial Economics, Elsevier (2011) View citations (91) (2011)

2009

19. Do financial counseling mandates improve mortgage choice and performance? Evidence from a legislative experiment
    Working Paper Series, Federal Reserve Bank of Chicago View citations (14)
20. Learning to Cope: Voluntary Financial Education Programs and Loan Performance during a Housing Crisis
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics

2008

21. Expectations of risk and return among household investors: Are their Sharpe ratios countercyclical?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (9)
22. The Effects of Mandated Financial Counseling on Household Mortgage Decisions: Evidence from a Natural Experiment
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics

2007

23. Debit card and cash usage: a cross-country analysis
    Working Paper Series, Federal Reserve Bank of Chicago View citations (23)

2006

24. How did the 2003 dividend tax cut affect stock prices?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (5)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2005) View citations (3)
    See also Journal Article How Did the 2003 Dividend Tax Cut Affect Stock Prices?, Financial Management, Financial Management Association International (2008) View citations (22) (2008)
25. The Tradeoff Between Mortgage Prepayments and Tax-Deferred Retirement Savings
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2006) View citations (4)
    See also Journal Article The tradeoff between mortgage prepayments and tax-deferred retirement savings, Journal of Public Economics, Elsevier (2007) View citations (33) (2007)
    Chapter The Tradeoff between Mortgage Prepayments and Tax-deferred Retirement Savings, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (32) (2007)
26. Transforming payment choices by doubling fees on the Illinois tollway
    Working Paper Series, Federal Reserve Bank of Chicago
    See also Journal Article Transforming payment choices by doubling fees on the Illinois Tollway, Economic Perspectives, Federal Reserve Bank of Chicago (2007) View citations (9) (2007)

2005

27. From the horse's mouth: gauging conditional expected stock returns from investor surveys
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article From the horse’s mouth: gauging conditional expected stock returns from investor surveys, Proceedings, Board of Governors of the Federal Reserve System (U.S.) (2005) View citations (1) (2005)
28. How did the 2003 dividend tax cut affect stock prices and corporate payout policy?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
29. Precautionary savings motives and tax efficiency of household portfolios: an empirical analysis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Chapter Precautionary Savings Motives and Tax Efficiency of Household Portfolios: An Empirical Analysis, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (1) (2008)

Journal Articles

2023

1. Why Housing Has Been So Strong, but Might Not Be for Long
   Chicago Fed Letter, 2023, no 485, 7

2020

2. Financial Education versus Costly Counseling: How to Dissuade Borrowers from Choosing Risky Mortgages?
   American Economic Journal: Economic Policy, 2020, 12, (1), 1-32 View citations (2)
3. Helping Homeowners During the Covid-19 Pandemic: Lessons from the Great Recession
   Chicago Fed Letter, 2020, (443) View citations (2)
   Also in Chicago Fed Letter, 2020, (443), 9 (2020) View citations (2)

2019

4. Holdup by Junior Claimholders: Evidence from the Mortgage Market
   Journal of Financial and Quantitative Analysis, 2019, 54, (1), 247-274 View citations (5)
   See also Working Paper Holdup by Junior Claimholders: Evidence from the Mortgage Market, NBER Working Papers (2014) (2014)

2018

5. Household Inequality and the Consumption Response to Aggregate Real Shocks
   Economic Perspectives, 2018, (1), 1-20 View citations (7)
   See also Working Paper Household Inequality and the Consumption Response to Aggregate Real Shocks, NBER Working Papers (2017) View citations (5) (2017)
6. Inequality and Recessions
   Chicago Fed Letter, 2018
7. The Politics of Foreclosures
   Journal of Finance, 2018, 73, (6), 2677-2717 View citations (14)
   See also Working Paper The Politics of Foreclosures, Working Paper Series (2017) (2017)

2017

8. Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program
   Journal of Political Economy, 2017, 125, (3), 654 - 712 View citations (114)
   See also Working Paper Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program, Research Papers (2016) View citations (8) (2016)

2016

9. Education Financing and Student Lending
   Annual Review of Financial Economics, 2016, 8, (1), 289-315 View citations (6)
10. Mortgage Refinancing during the Great Recession: The Role of Credit Scores
    Chicago Fed Letter, 2016 View citations (1)
11. The When, What and Where of Consumer Debt: The View from Cook County
    Profitwise, 2016, (3), 6-11

2015

12. Consumer Credit Trends by Income and Geography in 2001–12
    Chicago Fed Letter, 2015
13. Financial literacy and financial planning: Evidence from India
    Journal of Housing Economics, 2015, 27, (C), 4-21 View citations (23)
14. The Great Recession and Credit Trends across Income Groups
    American Economic Review, 2015, 105, (5), 147-53 View citations (11)

2014

15. From the Horse's Mouth: Economic Conditions and Investor Expectations of Risk and Return
    Management Science, 2014, 60, (4), 845-866 View citations (46)
16. Homebuilders, Affiliated Financing Arms and the Mortgage Crisis
    Economic Perspectives, 2014, (Q II), 38-51
17. Predatory lending and the subprime crisis
    Journal of Financial Economics, 2014, 113, (1), 29-52 View citations (38)
    See also Working Paper Predatory Lending and the Subprime Crisis, NBER Working Papers (2013) View citations (3) (2013)

2013

18. Detroit’s bankruptcy: the uncharted waters of Chapter 9
    Chicago Fed Letter, 2013, (Nov)

2011

19. Tempestuous municipal debt markets: Oxymoron or new reality?
    Chicago Fed Letter, 2011, (Oct)
20. The role of securitization in mortgage renegotiation
    Journal of Financial Economics, 2011, 102, (3), 559-578 View citations (91)
    See also Working Paper The Role of Securitization in Mortgage Renegotiation, Working Paper Series (2011) View citations (100) (2011)

2010

21. Default rates on prime and subprime mortgages: differences & similarities
    Profitwise, 2010, (Sep), 1-10 View citations (7)
22. Learning to Cope: Voluntary Financial Education and Loan Performance during a Housing Crisis
    American Economic Review, 2010, 100, (2), 495-500 View citations (44)

2009

23. Comparing patterns of default among prime and subprime mortgages
    Economic Perspectives, 2009, 33, (Q II), 18-37 View citations (18)
24. Economic Perspectives special issue on payments fraud: an introduction
    Economic Perspectives, 2009, 33, (Q I), 2-6
25. Whither Loose Change? The Diminishing Demand for Small-Denomination Currency
    Journal of Money, Credit and Banking, 2009, 41, (2-3), 315-335 View citations (92)
    Also in Journal of Money, Credit and Banking, 2009, 41, (2‐3), 315-335 (2009) View citations (18)

2008

26. How Did the 2003 Dividend Tax Cut Affect Stock Prices?
    Financial Management, 2008, 37, (4), 625-646 View citations (22)
    See also Working Paper How did the 2003 dividend tax cut affect stock prices?, Working Paper Series (2006) View citations (5) (2006)

2007

27. The tradeoff between mortgage prepayments and tax-deferred retirement savings
    Journal of Public Economics, 2007, 91, (10), 2014-2040 View citations (33)
    See also Chapter The Tradeoff between Mortgage Prepayments and Tax-deferred Retirement Savings, NBER Chapters, 2007, 2014-2040 (2007) View citations (32) (2007)
    Working Paper The Tradeoff Between Mortgage Prepayments and Tax-Deferred Retirement Savings, NBER Working Papers (2006) View citations (4) (2006)
28. Transforming payment choices by doubling fees on the Illinois Tollway
    Economic Perspectives, 2007, 31, (Q II), 22-47 View citations (9)
    Also in Conference Series ; [Proceedings], 2005 (2005) View citations (5)
    See also Working Paper Transforming payment choices by doubling fees on the Illinois tollway, Working Paper Series (2006) (2006)
29. Using payment innovations to improve transportation networks: a conference summary
    Chicago Fed Letter, 2007, (Sep)

2006

30. Inducing more efficient payment on the Illinois Tollway
    Chicago Fed Letter, 2006, (Apr) View citations (1)

2005

31. From the horse’s mouth: gauging conditional expected stock returns from investor surveys
    Proceedings, 2005 View citations (1)
    See also Working Paper From the horse's mouth: gauging conditional expected stock returns from investor surveys, Finance and Economics Discussion Series (2005) (2005)

2003

32. Hedging Employee Stock Options, Corporate Taxes, and Debt
    National Tax Journal, 2003, 56, (3), 513-33 View citations (1)
33. Household Portfolio Choices in Taxable and Tax-Deferred Accounts: Another Puzzle?
    Review of Finance, 2003, 7, (3), 547-582 View citations (23)
    Also in Review of Finance, 2003, 7, (3), 547-582 (2003) View citations (25)
34. What Explains Early Withdrawals From Retirement Accounts? Evidence From a Panel of Taxpayers
    National Tax Journal, 2003, 56, (3), 595-612 View citations (24)

Chapters

2008

1. Precautionary Savings Motives and Tax Efficiency of Household Portfolios: An Empirical Analysis
   A chapter in Tax Policy and the Economy, Volume 22, 2008, pp 5-41 View citations (1)
   See also Working Paper Precautionary savings motives and tax efficiency of household portfolios: an empirical analysis, Board of Governors of the Federal Reserve System (U.S.) (2005) (2005)

2007

2. The Tradeoff between Mortgage Prepayments and Tax-deferred Retirement Savings
   A chapter in Public Policy and Retirement, Trans-Atlantic Public Economics Seminar (TAPES), 2007, pp 2014-2040 View citations (32)
   See also Working Paper The Tradeoff Between Mortgage Prepayments and Tax-Deferred Retirement Savings, National Bureau of Economic Research, Inc (2006) View citations (4) (2006)
   Journal Article The tradeoff between mortgage prepayments and tax-deferred retirement savings, Elsevier (2007) View citations (33) (2007)