Supply and Demand (in that order)
Wednesday, March 31, 2010
Article on the Credit Score Impact of Mortgage Modification
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http://money.cnn.com/2009/12/28/news/economy/loan_modifications_credit_history/index.htm
3 comments:
It Was a Housing Boom, not a Construction Boom
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Below are BEA's indices of real investment in structures, for three types: owner-occupied housing, tenant-occupied housing, and non-resi...
6 comments:
Strategic Default: Lessons from the Great Depression
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Copyright, The New York Times Company Government policy continues to rigidly classify mortgages by their “affordability,” and pays too littl...
Tuesday, March 30, 2010
Where's the Continued Decline?
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At the end of 2008, with housing data through Oct 2008 in hand, I predicted that housing prices would continue to fall, but begin to recove...
Economic Data Release Calendars
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I use this one , but I ran across this one today.
Sunday, March 28, 2010
The Best
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In case you were wondering how legendary economist Gary Becker is doing, or where our economy is headed, take a look at yesterday's Wall...
Friday, March 26, 2010
The Depressing Scenario Comes True
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Almost a year and a half ago, I wrote " A Depressing Scenario: Mortgage Debt Becomes Unemployment Insurance " about how unemployme...
1 comment:
Thursday, March 25, 2010
Does It Matter Whether Unemployment is Socially Productive?
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Evidence that unemployment insurance causes more unemployment is easy to find. So a few stimulus law advocates (recall that actual and pros...
5 comments:
Wednesday, March 24, 2010
Cross-sectional Tests of Recession Theories
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We are starting to get some micro data from the recession, and it will be interesting to see how various types of workers and employers beha...
Modification Critique, Without Economics
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SIGTARP is critical of the Treasury's program, but apparently does not think much about economics.
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