Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 7 of 7 for “"strategic default"”.
-
Mortgage Default in Southern California: Examining Distressed Borrower's Decision Making and Market Contagion
<p>This dissertation focuses on mortgage defaults in Southern California during the housing bubble of the 2000s. The rapid decline in the housing market that precipitated the current recession has been accompanied by an unprecedented number of loan defaults and foreclosures. Recent studies have …
-
Microcredit and Savings
… savings scheme as an incentive device to prevent strategic default. Our theoretical analysis shows that a proper savings plan increases the borrower's future consumption, raises her utility and thus provides her with an incentive to repay even the second-period debt under a two-period financial …
-
The determinants of mortgage delinquency
… better understand the determinants of mortgage default. Concerns about potential sizable differences in default rates by race and ethnicity as well as reports in the popular press regarding the propensity for rising numbers of homeowners to strategically default motivate a careful study of …
-
An examination of China's non-performing loan issue
… encouraged through soft lending by the SOBs and strategic default by the SOEs. There are also several obstacles ahead to the AMCs including China's immature capital market, the AMCs' internal structural problems as well as China's weak legal enforcement mechanism. Fortunately, the Chinese …
-
The role of banks in corporate finance
… syndicates to reduce inefficient behavior and strategic default by borrowers. The second chapter focuses on the use of bank lines of credit by corporations. Commercial bank lines of credit are used by more U.S. corporations than any other type of debt financing. Using novel data from annual …
-
Housing and credit markets
… mortgages are full recourse, which rules out strategic default behavior, the findings provide new support for the "housing lock hypothesis". Chapter 2, co-authored with François Koulischer, studies the role of collateral in liquidity provision by central banks. Should central banks lend …
-
Three essays on consumer finance
… of conduct on lenders increases borrower defaults in the short term, and is correlated with a drop in foreclosures and fewer mortgage originations. Mandated disclosures decrease mortgage defaults in the short term, and the effect is correlated with smaller transactions, lower interest …