Details about John Robert Krainer

Access statistics for papers by John Robert Krainer.

Last updated 2024-04-05. Update your information in the RePEc Author Service.

Short-id: pkr64

Working Papers

2024

1. Monetary Transmission Through Bank Securities Portfolios
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2023) View citations (2)

2023

2. Aggregation level in stress testing models
   Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz
   Also in Working Paper Series, Federal Reserve Bank of San Francisco (2015) View citations (3)
   See also Journal Article Aggregation Level in Stress-Testing Models, International Journal of Central Banking, International Journal of Central Banking (2020) View citations (1) (2020)

2020

3. Online Appendix to "De-leveraging or de-risking? How banks cope with loss"
   Online Appendices, Review of Economic Dynamics
   See also Journal Article De-leveraging or de-risking? How banks cope with loss, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (9) (2021)
4. The Credit Line Channel
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (24)

2019

5. De-leveraging or De-risking? How Banks Cope with Loss
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (14)
   See also Journal Article De-leveraging or de-risking? How banks cope with loss, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (9) (2021)
6. Intermediary Segmentation in the Commercial Real Estate Market
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
   See also Journal Article Intermediary Segmentation in the Commercial Real Estate Market, Journal of Money, Credit and Banking, Blackwell Publishing (2022) View citations (1) (2022)

2017

7. Safe Collateral, Arm's-Length Credit: Evidence from the Commercial Real Estate Mortgage Market
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
8. Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market
   Working Paper Series, Federal Reserve Bank of San Francisco
   See also Journal Article Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market, The Review of Financial Studies, Society for Financial Studies (2020) View citations (3) (2020)

2014

9. Did Consumers Want Less Debt? Consumer Credit Demand Versus Supply in the Wake of the 2008-2009 Financial Crisis
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (11)
   Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2014) View citations (15)

2012

10. Housing supply and foreclosures
    Working Paper Series, Federal Reserve Bank of San Francisco

2011

11. Prepayment and delinquency in the mortgage crisis period
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (10)
12. Regime shifts in real estate markets: Time-varying effects of the U.S. and Japanese economies on house prices in Hawaii
    Working Paper Series, Federal Reserve Bank of San Francisco

2009

13. Mortgage default and mortgage valuation
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (7)
14. Mortgage loan securitization and relative loan performance
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (29)
    See also Journal Article Mortgage Loan Securitization and Relative Loan Performance, Journal of Financial Services Research, Springer (2014) View citations (25) (2014)
15. Subprime Mortgages
    2009 Meeting Papers, Society for Economic Dynamics

2007

16. Innovations in mortgage markets and increased spending on housing
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (24)
17. Regional economic conditions and the variability of rates of return in commercial banking
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (4)
18. Subprime mortgage delinquency rates
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (39)

2006

19. Estimating Static Models of Strategic Interaction
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (80)
    See also Journal Article Estimating Static Models of Strategic Interactions, Journal of Business & Economic Statistics, American Statistical Association (2010) View citations (153) (2010)
20. The Welfare Consequences of ATM Surcharges: Evidence from a Structural Entry Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in Working Papers, NET Institute (2004) View citations (3)
    Working Paper Series, Federal Reserve Bank of San Francisco (2004) View citations (3)

2005

21. Asset price declines and real estate market illiquidity: evidence from Japanese land values
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (5)

2004

22. An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
23. House Prices and Consumer Welfare
    Research Papers, Stanford University, Graduate School of Business View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (14)
    See also Journal Article House prices and consumer welfare, Journal of Urban Economics, Elsevier (2005) View citations (34) (2005)
24. Mortgages as Recursive Contracts
    Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (1)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2003) View citations (2)
25. Using securities market information for bank supervisory monitoring
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (2)
    See also Journal Article Using Securities Market Information for Bank Supervisory Monitoring, International Journal of Central Banking, International Journal of Central Banking (2008) View citations (14) (2008)

2003

26. Does regional economic performance affect bank health? New analysis of an old question
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
27. Forecasting supervisory ratings using securities market information
    Proceedings, Federal Reserve Bank of Chicago View citations (3)

2001

28. Incorporating equity market information into supervisory monitoring models
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (8)
    See also Journal Article Incorporating Equity Market Information into Supervisory Monitoring Models, Journal of Money, Credit and Banking, Blackwell Publishing (2004) View citations (49) (2004)

1997

29. Returns on illiquid assets: are they fair games?
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco

Journal Articles

2022

1. Intermediary Segmentation in the Commercial Real Estate Market
   Journal of Money, Credit and Banking, 2022, 54, (7), 2029-2080 View citations (1)
   See also Working Paper Intermediary Segmentation in the Commercial Real Estate Market, Finance and Economics Discussion Series (2019) View citations (1) (2019)

2021

2. De-leveraging or de-risking? How banks cope with loss
   Review of Economic Dynamics, 2021, 39, 100-127 View citations (9)
   See also Working Paper Online Appendix to "De-leveraging or de-risking? How banks cope with loss", Online Appendices (2020) (2020)
   Working Paper De-leveraging or De-risking? How Banks Cope with Loss, Working Paper Series (2019) View citations (14) (2019)
   Software Item Code and data files for "De-leveraging or de-risking? How banks cope with loss", Computer Codes (2020) (2020)

2020

3. Aggregation Level in Stress-Testing Models
   International Journal of Central Banking, 2020, 16, (4), 1-46 View citations (1)
   See also Working Paper Aggregation level in stress testing models, Santa Cruz Department of Economics, Working Paper Series (2023) (2023)
4. Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market
   The Review of Financial Studies, 2020, 33, (11), 5173-5211 View citations (3)
   See also Working Paper Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market, Working Paper Series (2017) (2017)

2019

5. Deleveraging and Consumer Credit Supply in the Wake of the 2008-09 Financial Crisis
   International Journal of Central Banking, 2019, 15, (3), 205-251 View citations (1)

2018

6. How Do Banks Cope with Loss?
   FRBSF Economic Letter, 2018 View citations (1)

2017

7. From Origination to Renegotiation: A Comparison of Portfolio and Securitized Commercial Real Estate Loans
   The Journal of Real Estate Finance and Economics, 2017, 55, (1), 1-31 View citations (21)

2016

8. Aggregation in bank stress tests
   FRBSF Economic Letter, 2016

2014

9. Housing market headwinds
   FRBSF Economic Letter, 2014
10. Mortgage Loan Securitization and Relative Loan Performance
    Journal of Financial Services Research, 2014, 45, (1), 39-66 View citations (25)
    See also Working Paper Mortgage loan securitization and relative loan performance, Working Paper Series (2009) View citations (29) (2009)
11. The slowdown in existing home sales
    FRBSF Economic Letter, 2014

2013

12. Commercial real estate and low interest rates
    FRBSF Economic Letter, 2013, (apr22)
13. Evidence and Implications of Regime Shifts: Time-Varying Effects of the United States and Japanese Economies on House Prices in Hawaii
    Real Estate Economics, 2013, 41, (3), 449-480
14. Why are housing inventories low?
    FRBSF Economic Letter, 2013, (oct21)

2012

15. Consumer debt and the economic recovery
    FRBSF Economic Letter, 2012, (aug20) View citations (2)
16. Credit access following a mortgage default
    FRBSF Economic Letter, 2012, (oct29)

2011

17. Cap rates and commercial property prices
    FRBSF Economic Letter, 2011, (sep19)
18. Entry and pricing in a differentiated products industry: evidence from the ATM market
    RAND Journal of Economics, 2011, 42, (1), 1-22 View citations (25)
19. Fluctuating fortunes and Hawaiian house prices
    FRBSF Economic Letter, 2011, (dec.19) View citations (1)
20. When will residential construction rebound?
    FRBSF Economic Letter, 2011, (july25)

2010

21. Asset Price Persistence and Real Estate Market Illiquidity: Evidence from Japanese Land Values
    Real Estate Economics, 2010, 38, (2), 171-196 View citations (5)
22. Estimating Static Models of Strategic Interactions
    Journal of Business & Economic Statistics, 2010, 28, (4), 469-482 View citations (153)
    See also Working Paper Estimating Static Models of Strategic Interaction, NBER Working Papers (2006) View citations (80) (2006)
23. Mortgage choice and the pricing of fixed-rate and adjustable-rate mortgages
    FRBSF Economic Letter, 2010, (feb1) View citations (9)
24. Mortgage prepayments and changing underwriting standards
    FRBSF Economic Letter, 2010, (jul19)
25. Risky mortgages and mortgage default premiums
    FRBSF Economic Letter, 2010, (dec20) View citations (2)
26. Underwater mortgages
    FRBSF Economic Letter, 2010, (oct18) View citations (1)

2009

27. Do supervisory rating standards change over time?
    Economic Review, 2009, 13-24 View citations (17)
28. House prices and bank loan performance
    FRBSF Economic Letter, 2009, (feb6) View citations (2)
29. Recent developments in mortgage finance
    FRBSF Economic Letter, 2009, (oct26) View citations (2)

2008

30. Falling house prices and rising time on the market
    FRBSF Economic Letter, 2008, (mar21) View citations (6)
31. Using Securities Market Information for Bank Supervisory Monitoring
    International Journal of Central Banking, 2008, 4, (1), 125-164 View citations (14)
    See also Working Paper Using securities market information for bank supervisory monitoring, Working Paper Series (2004) View citations (2) (2004)

2007

32. House prices and subprime mortgage delinquencies
    FRBSF Economic Letter, 2007, (jun8) View citations (7)
33. Regional economic conditions and community bank performance
    FRBSF Economic Letter, 2007, (jul27)
34. The subprime mortgage market: national and Twelfth District developments
    Annual Report, 2007, 6-17

2006

35. Economics, Real Estate and the Supply of Land, edited by Alan W. Evans
    Journal of Regional Science, 2006, 46, (4), 796-798
36. Mortgage innovation and consumer choice
    FRBSF Economic Letter, 2006, (dec29)
37. Residential investment over the real estate cycle
    FRBSF Economic Letter, 2006, (jun30) View citations (4)

2005

38. Bank ATMs and ATM surcharges
    FRBSF Economic Letter, 2005, (dec16) View citations (1)
39. House prices and consumer welfare
    Journal of Urban Economics, 2005, 58, (3), 474-487 View citations (34)
    See also Working Paper House Prices and Consumer Welfare, Research Papers (2004) View citations (7) (2004)
40. Housing markets and demographics
    FRBSF Economic Letter, 2005, (aug26) View citations (6)

2004

41. House prices and fundamental value
    FRBSF Economic Letter, 2004, (oct1) View citations (21)
42. Incorporating Equity Market Information into Supervisory Monitoring Models
    Journal of Money, Credit and Banking, 2004, 36, (6), 1043-67 View citations (49)
    See also Working Paper Incorporating equity market information into supervisory monitoring models, Working Paper Series (2001) View citations (8) (2001)
43. What determines the credit spread?
    FRBSF Economic Letter, 2004, (dec10) View citations (3)

2003

44. House price bubbles
    FRBSF Economic Letter, 2003, (mar7) View citations (2)
45. How might financial market information be used for supervisory purposes?
    Economic Review, 2003, 29-45 View citations (8)
46. Monitoring debt market information for bank supervisory purposes
    FRBSF Economic Letter, 2003, (nov28)
47. Mortgage refinancing
    FRBSF Economic Letter, 2003, (oct3) View citations (2)
48. The current strength of the U.S. banking sector
    FRBSF Economic Letter, 2003, (dec19)
49. Using equity market information to monitor banking institutions
    FRBSF Economic Letter, 2003, (jan24) View citations (3)

2002

50. House price dynamics and the business cycle
    FRBSF Economic Letter, 2002, (may3)
51. Off-site monitoring of bank holding companies
    FRBSF Economic Letter, 2002, (may17) View citations (2)
52. Stock market volatility
    FRBSF Economic Letter, 2002, (oct25) View citations (2)

2001

53. A Theory of Liquidity in Residential Real Estate Markets
    Journal of Urban Economics, 2001, 49, (1), 32-53 View citations (194)
54. Banking and the business cycle
    FRBSF Economic Letter, 2001, (oct26)
55. Equilibrium valuation of illiquid assets
    Economic Theory, 2002, 19, (2), 223-242 View citations (7)
56. Natural vacancy rates in commercial real estate markets
    FRBSF Economic Letter, 2001, (oct5)
57. Retail sweeps and reserves
    FRBSF Economic Letter, 2001, (jan.19) View citations (1)

2000

58. REITs and the integration between capital markets and real estate markets
    FRBSF Economic Letter, 2000, (jan28)
59. Tech stocks and house prices in California
    FRBSF Economic Letter, 2000, (sep15)
60. The separation of banking and commerce
    Economic Review, 2000, 15-24 View citations (7)
    Also in FRBSF Economic Letter, 1998, (jul3) (1998) View citations (2)

1999

61. Hot and cold real estate markets in the San Francisco Bay Area
    FRBSF Economic Letter, 1999, (aug6)
62. Real estate liquidity
    Economic Review, 1999, 14-26 View citations (4)
63. Small business lending patterns in California
    FRBSF Economic Letter, 1999, (jan22) View citations (1)

1998

64. The 1997 Nobel Prize in economics
    FRBSF Economic Letter, 1998, (feb13)

Software Items

2020

1. Code and data files for "De-leveraging or de-risking? How banks cope with loss"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article De-leveraging or de-risking? How banks cope with loss, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (9) (2021)