Details about Vincent W. Yao

Access statistics for papers by Vincent W. Yao.

Last updated 2023-02-24. Update your information in the RePEc Author Service.

Short-id: pya131

Working Papers

2023

1. FinTech Lending with LowTech Pricing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2021

2. Surviving the Fintech Disruption
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2020

3. Fintech Borrowers: Lax-Screening or Cream-Skimming?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
   See also Journal Article Fintech Borrowers: Lax Screening or Cream-Skimming?, The Review of Financial Studies, Society for Financial Studies (2021) View citations (57) (2021)
4. Searching for Approval
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
5. The Pass-Through of Uncertainty Shocks to Households
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
6. Valuation of Long-Term Property Rights under Political Uncertainty
   Working Papers, Becker Friedman Institute for Research In Economics View citations (1)
7. Valuing Long-Term Property Rights with Anticipated Political Regime Shifts
   NBER Working Papers, National Bureau of Economic Research, Inc

2019

8. Second Chance: Life without Student Debt
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)

2016

9. Do People Leave Money on the Table? Evidence from Joint Mortgage Applications and the Minimum FICO Rule
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
10. Systematic Mistakes in the Mortgage Market and Lack of FInancial Sophistication
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (1)

2015

11. Mortgage Rates, Household Balance Sheets, and the Real Economy
    2015 Meeting Papers, Society for Economic Dynamics View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (70)
12. 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)
13. Who Bears the Pen? Relative Income and Gender Gap in Mortgage Signing Order
    Working Paper, USC Lusk Center for Real Estate View citations (1)

2013

14. Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market, Management Science, INFORMS (2015) View citations (46) (2015)
15. Why do borrowers make mortgage refinancing mistakes?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (4)

2012

16. Foreclosure externalities: Some new evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2012) View citations (20)
    Public Policy Discussion Paper, Federal Reserve Bank of Boston (2012) View citations (26)

2010

17. Sunk Costs and Mortgage Default
    Working Paper, USC Lusk Center for Real Estate View citations (1)

2004

18. A dynamic factor model of the coincident indicators for the US transportation sector
    MPRA Paper, University Library of Munich, Germany View citations (5)
    See also Journal Article A dynamic factor model of the coincident indicators for the US transportation sector, Applied Economics Letters, Taylor & Francis Journals (2004) View citations (5) (2004)

2003

19. Cycles in the Transportation Sector and the Aggregate Economy
    Discussion Papers, University at Albany, SUNY, Department of Economics View citations (3)
20. Monthly Output Index for the U.S. Transportation Sector
    Discussion Papers, University at Albany, SUNY, Department of Economics View citations (11)

Journal Articles

2021

1. Fintech Borrowers: Lax Screening or Cream-Skimming?
   The Review of Financial Studies, 2021, 34, (10), 4565-4618 View citations (57)
   See also Working Paper Fintech Borrowers: Lax-Screening or Cream-Skimming?, NBER Working Papers (2020) View citations (16) (2020)

2020

2. Lender Steering in Residential Mortgage Markets
   Real Estate Economics, 2020, 48, (2), 446-475 View citations (5)

2019

3. Comovements and asymmetric tail dependence in state housing prices in the USA: A nonparametric approach
   Journal of Applied Econometrics, 2019, 34, (5), 843-849 View citations (1)

2017

4. Interest Rate Pass-Through: Mortgage Rates, Household Consumption, and Voluntary Deleveraging
   American Economic Review, 2017, 107, (11), 3550-88 View citations (260)

2016

5. Sales of Distressed Residential Property: What Have We Learned from Recent Research?
   Review, 2016, 98, (3), 159-88 View citations (8)

2015

6. Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market
   Management Science, 2015, 61, (9), 2220-2240 View citations (46)
   See also Working Paper Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market, NBER Working Papers (2013) View citations (6) (2013)
7. Collateral pledge, sunk-cost fallacy and mortgage default
   Journal of Financial Intermediation, 2015, 24, (4), 636-652 View citations (13)
8. Foreclosure externalities: New evidence
   Journal of Urban Economics, 2015, 87, (C), 42-56 View citations (96)

2012

9. Model Stability and the Subprime Mortgage Crisis
   The Journal of Real Estate Finance and Economics, 2012, 45, (3), 545-568 View citations (10)
10. The foreclosure discount: Myth or reality?
    Journal of Urban Economics, 2012, 71, (2), 204-218 View citations (24)

2011

11. Housing Tenure and Mortgage Choice
    The Journal of Real Estate Finance and Economics, 2011, 42, (2), 162-180 View citations (3)

2010

12. Home Equity Extraction by Homeowners: 2000-2006
    Journal of Real Estate Research, 2010, 32, (1), 23-46 View citations (6)
13. Ownership Restriction and Housing Value: Evidence from American Housing survey
    Journal of Real Estate Research, 2010, 32, (2), 201-220 View citations (1)

2009

14. Spillover Effects of Foreclosures on Neighborhood Property Values
    The Journal of Real Estate Finance and Economics, 2009, 38, (4), 387-407 View citations (106)
15. The contagion effect of foreclosed properties
    Journal of Urban Economics, 2009, 66, (3), 164-178 View citations (152)

2008

16. Interstate spillovers of private capital and public spending
    The Annals of Regional Science, 2008, 42, (3), 505-518 View citations (36)
17. Introduction to the special issue: Transportation investment and economic development
    The Annals of Regional Science, 2008, 42, (3), 501-503 View citations (1)

2006

18. Economic indicators for the US transportation sector
    Transportation Research Part A: Policy and Practice, 2006, 40, (10), 872-887 View citations (6)
19. Intra-NAFTA trade and surface traffic: a very disaggregated view
    Regional Economic Development, 2006, (Oct), 87-99 View citations (1)
20. Intra-industry spillovers and innovation: An econometric analysis at the firm level
    Economics of Innovation and New Technology, 2006, 15, (2), 119-135 View citations (1)
21. Modelling the structural break in volatility
    Applied Economics Letters, 2006, 13, (7), 417-422 View citations (8)

2005

22. A spatial analysis of income inequality in Arkansas at the county level: evidence from tax and commuting data
    Regional Economic Development, 2005, (Nov), 52-65 View citations (2)
23. Measuring and predicting turning points using a dynamic bi-factor model
    International Journal of Forecasting, 2005, 21, (3), 525-537 View citations (15)

2004

24. A dynamic factor model of the coincident indicators for the US transportation sector
    Applied Economics Letters, 2004, 11, (10), 595-600 View citations (5)
    See also Working Paper A dynamic factor model of the coincident indicators for the US transportation sector, MPRA Paper (2004) View citations (5) (2004)
25. The predictive power of an experimental transportation output index
    Applied Economics Letters, 2004, 11, (3), 149-152 View citations (4)