Kyle F. Herkenhoff

University of Minnesota

110 Wulling Hall, 86 Pleasant St, S.E.

308 Harvard Street SE

Minneapolis, MN 55455

United States

SCHOLARLY PAPERS

13

DOWNLOADS

597

CITATIONS
Rank 33,200

SSRN RANKINGS

Top 33,200

in Total Papers Citations

6

Scholarly Papers (13)

1.

Unemployment, Negative Equity, and Strategic Default

Number of pages: 50 Posted: 13 Jul 2013
Kristopher Gerardi, Kyle F. Herkenhoff, Lee E. Ohanian and Paul Willen
Federal Reserve Bank of Atlanta, University of Minnesota, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department
Downloads 95 (121,522)
Citation 1

Abstract:

unemployment, employment, job loss, assets, mortgage, modifications, default, strategic, strategic default, negative equity, trigger, single trigger, double trigger, liquidity constraint, mortgage default, delinquency, PSID, mortgage distress, financial liquidity, negative equity and unemployment

2.

What Actually Causes Mortgage Defaults, Redefaults, and Modifications

Number of pages: 16 Posted: 05 Feb 2012
Kyle F. Herkenhoff
University of Minnesota
Downloads 77 (229,299)

Abstract:

mortgage, default, modifications, redefault, PSID, wealth, housing, supplement, unemployment, trigger, double, negative equity, equity, debt, credit card debt, unsecured

3.

The Role of Default (Not Bankruptcy) as Unemployment Insurance: New Facts and Theory

Number of pages: 80 Posted: 25 Jan 2013
Kyle F. Herkenhoff
University of Minnesota
Downloads 50 (248,062)

Abstract:

Default, Delinquency, Foreclosure, PSID 2009 Mortgage Distress, Unemployment Benefits, Block Recursive, Bankruptcy, Search, Matching, Mortensen Pissarides, Unemployment, Unemployment Insurance, Insurance, Labor, Recovery, Business Cycle

4.

Jobless Recoveries and the Revolving Credit Revolution (Preliminary)

Number of pages: 53 Posted: 15 Mar 2013
Kyle F. Herkenhoff
University of Minnesota
Downloads 36 (344,880)

Abstract:

credit, unsecured, unsecured credit, business cycle, business cycles, bankruptcy, default, unemployment, unemployed, mortensen pissarides, jobless, jobless recovery, jobless recoveries, rise of unsecured credit, employment, savings, search, directed search, risk aversion, assets, block recursive

5.

Foreclosure Delay and U.S. Unemployment

FRB of St. Louis Working Paper No. 2012-017A
Number of pages: 52 Posted: 25 Jun 2012
Lee E. Ohanian and Kyle F. Herkenhoff
University of California, Los Angeles (UCLA) - Department of Economics and University of Minnesota
Downloads 33 (368,292)
Citation 1

Abstract:

Mortgage, Foreclosure, Foreclosure Delay, Default, Informal Default, Unemployment, Recovery, Consumption Smoothing

Can't Pay or Won't Pay?: Unemployment, Negative Equity, and Strategic Default

FRB of Boston Working Paper No. 15-13
Number of pages: 81 Posted: 25 Nov 2015
Kristopher Gerardi, Kyle F. Herkenhoff, Lee E. Ohanian and Paul Willen
Federal Reserve Bank of Atlanta, University of Minnesota, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department
Downloads 15 (487,851)

Abstract:

Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default

NBER Working Paper No. w21630
Number of pages: 74 Posted: 12 Oct 2015
Kristopher Gerardi, Kyle F. Herkenhoff, Lee E. Ohanian and Paul Willen
Federal Reserve Bank of Atlanta, University of Minnesota, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department
Downloads 14 (493,807)

Abstract:

7.

The Supply Side of Jobless Recoveries

Number of pages: 72 Posted: 21 Aug 2013
Kyle F. Herkenhoff
University of Minnesota
Downloads 24 (399,688)

Abstract:

unsecured credit, revolving credit, Eaton, Gersovitz, unemployment, employment, unemployed, borrowing, jobless, recovery, default, defaultable debt, search, matching, Mortensen, Pissarides, Menzio, Shi, directed search

How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output

US Census Bureau Center for Economic Studies Paper No. CES-WP-16-25
Number of pages: 80 Posted: 21 May 2016
Kyle F. Herkenhoff, Gordon M. Phillips and Ethan Cohen-Cole
University of Minnesota, Tuck School of Business at Dartmouth and Econ One Research
Downloads 13 (499,492)

Abstract:

How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output

NBER Working Paper No. w22274
Number of pages: 47 Posted: 24 May 2016
Kyle F. Herkenhoff, Gordon M. Phillips and Ethan Cohen-Cole
University of Minnesota, Tuck School of Business at Dartmouth and Econ One Research
Downloads 6 (537,788)

Abstract:

9.

Labor Market Dysfunction During the Great Recession

NBER Working Paper No. w17313
Number of pages: 44 Posted: 29 Aug 2011
Kyle F. Herkenhoff and Lee E. Ohanian
University of Minnesota and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 15 (459,367)
Citation 2

Abstract:

10.

Informal Unemployment Insurance and Labor Market Dynamics

FRB of St. Louis Working Paper No. 2012-057A
Number of pages: 81 Posted: 29 Nov 2012
Kyle F. Herkenhoff
University of Minnesota
Downloads 13 (454,203)

Abstract:

Unemployment, Default, Delinquency, Bankruptcy, Consumption Smoothing, Welfare, Unemployment Insurance, Self Insurance, Block Recursive Equilibrium, Negative Equity, Strategic Default, Job Loss, Trigger.

11.

Labor Market Dysfunction During the Great Recession

Cato Papers on Public Policy Vol. 1, 2011
Number of pages: 59 Posted: 20 Mar 2013
Kyle F. Herkenhoff and Lee E. Ohanian
University of Minnesota and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 5 (509,756)
Citation 2

Abstract:

mortgage modifications, economic recovery from great recession, Home Affordable Modification Program, 2009 financial crisis, Loan Modification Program, US government policy, United States labor and unemployment, labor market

12.

The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship

NBER Working Paper No. w22846
Number of pages: 51 Posted: 21 Nov 2016
Kyle F. Herkenhoff, Gordon M. Phillips and Ethan Cohen-Cole
University of Minnesota, Tuck School of Business at Dartmouth and Econ One Research
Downloads 0 (504,977)

Abstract:

13.

The Impact of Foreclosure Delay on U.S. Employment

NBER Working Paper No. w21532
Number of pages: 67 Posted: 08 Sep 2015
Kyle F. Herkenhoff and Lee E. Ohanian
University of Minnesota and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 0 (527,657)

Abstract: