Details about Andreas Fuster

Access statistics for papers by Andreas Fuster.

Last updated 2022-10-27. Update your information in the RePEc Author Service.

Short-id: pfu92

Working Papers

2022

1. Measuring and Stress-Testing Market-Implied Bank Capital
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in Working Papers, Swiss National Bank (2022)
2. Mortgage-Backed Securities
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Staff Reports, Federal Reserve Bank of New York (2022)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2022)
3. Survey Experiments on Economic Expectations
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2021

4. Biases in Information Selection and Processing: Survey Evidence from the Pandemic
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
   Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2021) View citations (17)
   NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (17)
5. Diverse Policy Committees Can Reach Underrepresented Groups
   LawFin Working Paper Series, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin) View citations (14)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (19)
6. Does CFPB Oversight Crimp Credit?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
   Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (2)
   Working Papers, Federal Reserve Bank of Philadelphia (2020)
7. FinTech Lending
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
8. How Resilient Is Mortgage Credit Supply? Evidence from the COVID-19 Pandemic
   Working Papers, Federal Reserve Bank of Boston View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2021) View citations (5)
   Working Papers, Federal Reserve Bank of Philadelphia (2021) View citations (2)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2021) View citations (2)
   NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (7)
9. Scale Effects on Efficiency and Profitability in the Swiss Banking Sector
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in Working Papers, Swiss National Bank (2021)
   See also Journal Article in Swiss Journal of Economics and Statistics (2022)
10. Tiers of Joy? Reserve Tiering and Bank Behavior in a Negative-Rate Environment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Papers, Swiss National Bank (2021) View citations (5)
11. Whom do consumers trust with their data? US survey evidence
    BIS Bulletins, Bank for International Settlements View citations (1)

2020

12. Paying Too Much? Price Dispersion in the U.S. Mortgage Market
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (5)

2018

13. Analyzing the Effects of CFPB Oversight
    Liberty Street Economics, Federal Reserve Bank of New York
14. Expectations with Endogenous Information Acquisition: An Experimental Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
    See also Journal Article in The Review of Economics and Statistics (2022)
15. How Is Technology Changing the Mortgage Market?
    Liberty Street Economics, Federal Reserve Bank of New York
16. How do mortgage refinances affect debt, default, and spending? Evidence from HARP
    Staff Reports, Federal Reserve Bank of New York View citations (2)
    See also Journal Article in American Economic Journal: Macroeconomics (2021)
17. Just Released: Is Housing a Good Investment? Where You Stand Depends on Where You Sit
    Liberty Street Economics, Federal Reserve Bank of New York
18. Landing a Jumbo Is Getting Easier
    Liberty Street Economics, Federal Reserve Bank of New York
19. Regulation and risk shuffling in bank securities portfolios
    Staff Reports, Federal Reserve Bank of New York View citations (4)
20. The Role of Technology in Mortgage Lending
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)
    Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (53)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (35)
    See also Journal Article in Review of Financial Studies (2019)
21. What Happens When Regulatory Capital Is Marked to Market?
    Liberty Street Economics, Federal Reserve Bank of New York
22. What Would You Do With $500? Spending Responses to Gains, Losses, News and Loans
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (30)
    See also Journal Article in Review of Economic Studies (2021)

2017

23. Houses as ATMs No Longer
    Liberty Street Economics, Federal Reserve Bank of New York
24. How Resilient Is the U.S. Housing Market Now?
    Liberty Street Economics, Federal Reserve Bank of New York
25. Predictably Unequal? The Effects of Machine Learning on Credit Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
    See also Journal Article in Journal of Finance (2022)
26. Regional Heterogeneity and Monetary Policy
    2017 Meeting Papers, Society for Economic Dynamics View citations (32)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (35)
27. Supervision and Project Performance: A Principal-Agent Approach
    Working Papers, HAL View citations (11)
    Also in Working Papers, DIAL (Développement, Institutions et Mondialisation) (2015) View citations (6)
28. The Evolution of Home Equity Ownership
    Liberty Street Economics, Federal Reserve Bank of New York
29. The Time-Varying Price of Financial Intermediation in the Mortgage Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    Also in Working Papers, Federal Reserve Bank of Boston (2017) View citations (6)
    Staff Reports, Federal Reserve Bank of New York (2017) View citations (6)

2016

30. Has MBS Market Liquidity Deteriorated?
    Liberty Street Economics, Federal Reserve Bank of New York
31. Home price expectations and behavior: evidence from a randomized information experiment
    Staff Reports, Federal Reserve Bank of New York View citations (14)
    See also Journal Article in Review of Economic Studies (2019)
32. Tracking and stress-testing U.S. household leverage
    Staff Reports, Federal Reserve Bank of New York View citations (7)
    See also Journal Article in Economic Policy Review (2018)

2015

33. Evaluating the Rescue of Fannie Mae and Freddie Mac
    Liberty Street Economics, Federal Reserve Bank of New York View citations (8)
34. Regional heterogeneity and the refinancing channel of monetary policy
    Staff Reports, Federal Reserve Bank of New York View citations (6)
    See also Journal Article in The Quarterly Journal of Economics (2019)
35. Rethinking Mortgage Design
    Liberty Street Economics, Federal Reserve Bank of New York
36. The rescue of Fannie Mae and Freddie Mac
    Staff Reports, Federal Reserve Bank of New York View citations (18)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2015) View citations (19)
    See also Journal Article in Journal of Economic Perspectives (2015)

2014

37. Introducing the SCE Housing Survey
    Liberty Street Economics, Federal Reserve Bank of New York
38. The sensitivity of housing demand to financing conditions: evidence from a survey
    Staff Reports, Federal Reserve Bank of New York View citations (12)
    See also Journal Article in American Economic Journal: Economic Policy (2021)
39. Understanding mortgage spreads
    Staff Reports, Federal Reserve Bank of New York View citations (12)
    See also Journal Article in Review of Financial Studies (2019)

2013

40. Payment Size, Negative Equity, and Mortgage Default
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (14)
    Public Policy Discussion Paper, Federal Reserve Bank of Boston (2012) View citations (4)
    See also Journal Article in American Economic Journal: Economic Policy (2017)
41. Securitization and the fixed-rate mortgage
    Staff Reports, Federal Reserve Bank of New York View citations (17)
    See also Journal Article in Review of Financial Studies (2015)
42. The Endowment Effect
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article in Annual Review of Economics (2014)
43. What Goes Up Must Come Down? Experimental Evidence on Intuitive Forecasting
    Scholarly Articles, Harvard University Department of Economics View citations (39)
    See also Journal Article in American Economic Review (2013)

2012

44. Investment Dynamics with Natural Expectations
    Scholarly Articles, Harvard University Department of Economics View citations (14)
45. Why Isn’t the Thirty-Year Fixed-Rate Mortgage at 2.6 Percent?
    Liberty Street Economics, Federal Reserve Bank of New York

2011

46. Natural Expectations, Macroeconomic Dynamics, and Asset Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
    Also in Scholarly Articles, Harvard University Department of Economics (2011) View citations (40)
    See also Chapter (2011)
    Journal Article in NBER Macroeconomics Annual (2012)

2010

47. $1.25 Trillion is still real money: some facts about the effects of the Federal Reserve’s mortgage market investments
    Public Policy Discussion Paper, Federal Reserve Bank of Boston View citations (33)
48. Insuring Consumption Using Income-Linked Assets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Working Papers, Federal Reserve Bank of Boston (2010) View citations (1)
    See also Journal Article in Review of Finance (2011)
49. Natural Expectations and Macroeconomic Fluctuations
    Scholarly Articles, Harvard University Department of Economics View citations (139)
    See also Journal Article in Journal of Economic Perspectives (2010)

2009

50. Another hidden cost of incentives: the detrimental effect on norm enforcement
    Working Papers, Federal Reserve Bank of Boston View citations (8)
    See also Journal Article in Management Science (2010)
51. Expectations as Endowments: Reference-Dependent Preferences and Exchange Behavior
    Levine's Working Paper Archive, David K. Levine View citations (1)

Journal Articles

2022

1. Expectations with Endogenous Information Acquisition: An Experimental Investigation
   The Review of Economics and Statistics, 2022, 104, (5), 1059-1078 View citations (5)
   See also Working Paper (2018)
2. Predictably Unequal? The Effects of Machine Learning on Credit Markets
   Journal of Finance, 2022, 77, (1), 5-47 View citations (4)
   See also Working Paper (2017)
3. Scale effects on efficiency and profitability in the Swiss banking sector
   Swiss Journal of Economics and Statistics, 2022, 158, (1), 1-24 View citations (1)
   See also Working Paper (2021)

2021

4. How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP
   American Economic Journal: Macroeconomics, 2021, 13, (2), 254-91 View citations (4)
   See also Working Paper (2018)
5. The Sensitivity of Housing Demand to Financing Conditions: Evidence from a Survey
   American Economic Journal: Economic Policy, 2021, 13, (1), 231-65 View citations (7)
   See also Working Paper (2014)
6. What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans
   (The Spending and Debt Response to Minimum Wage Hikes)
   Review of Economic Studies, 2021, 88, (4), 1760-1795 View citations (12)
   See also Working Paper (2018)

2019

7. Home Price Expectations and Behaviour: Evidence from a Randomized Information Experiment
   Review of Economic Studies, 2019, 86, (4), 1371-1410 View citations (86)
   See also Working Paper (2016)
8. Regional Heterogeneity and the Refinancing Channel of Monetary Policy
   The Quarterly Journal of Economics, 2019, 134, (1), 109-183 View citations (58)
   See also Working Paper (2015)
9. The Role of Technology in Mortgage Lending
   Review of Financial Studies, 2019, 32, (5), 1854-1899 View citations (103)
   See also Working Paper (2018)
10. Understanding Mortgage Spreads
    Review of Financial Studies, 2019, 32, (10), 3799-3850 View citations (18)
    See also Working Paper (2014)

2018

11. Tracking and stress-testing U.S. household leverage
    Economic Policy Review, 2018, (24-1), 35-63 View citations (2)
    See also Working Paper (2016)

2017

12. Payment Size, Negative Equity, and Mortgage Default
    American Economic Journal: Economic Policy, 2017, 9, (4), 167-91 View citations (59)
    See also Working Paper (2013)

2016

13. To Buy or Not to Buy: Consumer Constraints in the Housing Market
    American Economic Review, 2016, 106, (5), 636-40 View citations (24)

2015

14. Securitization and the Fixed-Rate Mortgage
    Review of Financial Studies, 2015, 28, (1), 176-211 View citations (24)
    See also Working Paper (2013)
15. The Rescue of Fannie Mae and Freddie Mac
    Journal of Economic Perspectives, 2015, 29, (2), 25-52 View citations (22)
    See also Working Paper (2015)

2014

16. The Endowment Effect
    Annual Review of Economics, 2014, 6, (1), 555-579 View citations (42)
    See also Working Paper (2013)

2013

17. The rising gap between primary and secondary mortgage rates
    Economic Policy Review, 2013, (Dec), 17-39 View citations (15)
18. What Goes Up Must Come Down? Experimental Evidence on Intuitive Forecasting
    American Economic Review, 2013, 103, (3), 570-74 View citations (42)
    See also Working Paper (2013)

2012

19. Natural Expectations, Macroeconomic Dynamics, and Asset Pricing
    NBER Macroeconomics Annual, 2012, 26, (1), 1 - 48 View citations (60)
    See also Working Paper (2011)
    Chapter (2011)

2011

20. Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments
    The Quarterly Journal of Economics, 2011, 126, (4), 1879-1907 View citations (172)
21. Insuring Consumption Using Income-Linked Assets
    Review of Finance, 2011, 15, (4), 835-873 View citations (4)
    See also Working Paper (2010)

2010

22. Another Hidden Cost of Incentives: The Detrimental Effect on Norm Enforcement
    Management Science, 2010, 56, (1), 57-70 View citations (53)
    See also Working Paper (2009)
23. Natural Expectations and Macroeconomic Fluctuations
    Journal of Economic Perspectives, 2010, 24, (4), 67-84 View citations (135)
    See also Working Paper (2010)

Chapters

2011

1. Natural Expectations, Macroeconomic Dynamics, and Asset Pricing
   A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 1-48 View citations (41)
   See also Journal Article in NBER Macroeconomics Annual (2012)
   Working Paper (2011)