Andra C. Ghent

University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics

Associate Professor

School of Business

975 University Avenue

Madison, WI 53706

United States

  • University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 8,410

SSRN RANKINGS

Top 8,410

in Total Papers Downloads

5,280

CITATIONS
Rank 8,529

SSRN RANKINGS

Top 8,529

in Total Papers Citations

53

Scholarly Papers (22)

Actions:
Email selected abstracts
1.

Recourse and Residential Mortgage Default: Evidence from U.S. States

Review of Financial Studies, Federal Reserve Bank of Richmond Working Paper No. 09-10R
Number of pages: 63 Posted: 11 Jul 2009 Last Revised: 24 Nov 2011
Andra C. Ghent and Marianna Kudlyak
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Federal Reserve Bank of San Francisco
Downloads 2,155 (6,139)
Citation 35

Abstract:

Loading...

Deficiency Judgment, Foreclosure, Negative Equity, Residential Mortgage Default, Recourse

2.

Complexity in Structured Finance

Number of pages: 68 Posted: 15 Sep 2013 Last Revised: 05 Nov 2017
Andra C. Ghent, Walter N. Torous and Rossen I. Valkanov
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, Massachusetts Institute of Technology and University of California, San Diego (UCSD) - Rady School of Management
Downloads 537 (49,327)
Citation 1

Abstract:

Loading...

Complexity, Security Design, MBS Performance

3.

How Do Case Law and Statute Differ? Lessons from the Evolution of Mortgage Law

Number of pages: 47 Posted: 25 Oct 2012 Last Revised: 09 Sep 2014
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 446 (62,291)

Abstract:

Loading...

Foreclosure Law; Financial History; Common Law; Statute; Civil Law; Creditor Rights

4.

Comparing Securitized and Balance Sheet Loans: Size Matters

Number of pages: 57 Posted: 27 Sep 2012 Last Revised: 22 Jul 2014
Andra C. Ghent and Rossen I. Valkanov
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and University of California, San Diego (UCSD) - Rady School of Management
Downloads 327 (89,621)

Abstract:

Loading...

Securitization, Commercial Mortgage-Backed Securities (CMBS), Structured finance

5.

The Historical Origins of America's Mortgage Laws

Research Institute for Housing America Research Paper No. 12-02
Number of pages: 50 Posted: 05 Nov 2012
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 245 (121,878)

Abstract:

Loading...

Mortgage Laws, Evolution of Mortgage Legal Frameworks

6.

Are Young Borrowers Bad Borrowers? Evidence from the Credit CARD Act of 2009

FRB Richmond Working Paper No. 13-09R
Number of pages: 71 Posted: 07 Aug 2013 Last Revised: 22 Sep 2014
Peter Debbaut, Andra C. Ghent and Marianna Kudlyak
Federal Reserve Bank of Richmond, University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Federal Reserve Bank of San Francisco
Downloads 194 (152,699)
Citation 1

Abstract:

Loading...

Consumer Protection, Household Finance, Life Cycle Borrowing, Credit Card Default

7.

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

Downloads 177 (165,810)
Citation 3

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

AFA 2013 San Diego Meetings Paper
Number of pages: 42 Posted: 15 Mar 2012 Last Revised: 20 Dec 2013
Andra C. Ghent, Ruben Hernandez-Murillo and Michael Owyang
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Federal Reserve Bank of St. Louis - Research Division
Downloads 127 (219,194)
Citation 3

Abstract:

Loading...

mortgages, financial crisis, community reinvestment act, GSEs

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

Federal Reserve Bank of St. Louis Working Paper No. 2012-005B
Number of pages: 53 Posted: 12 Apr 2012 Last Revised: 20 Dec 2013
Ruben Hernandez-Murillo, Andra C. Ghent and Michael Owyang
Federal Reserve Banks - Federal Reserve Bank of Cleveland, University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 48 (393,098)
Citation 3

Abstract:

Loading...

Mortgages, Loan Performance, Community Reinvestment Act, GSEs

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

Real Estate Economics, Vol. 43, Issue 4, pp. 820-854, 2015
Number of pages: 35 Posted: 26 Oct 2015
Andra C. Ghent, Ruben Hernandez-Murillo and Michael Owyang
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Federal Reserve Bank of St. Louis - Research Division
Downloads 2 (651,297)
Citation 3
  • Add to Cart

Abstract:

Loading...

8.

Competition and Credit Ratings After the Fall

Number of pages: 68 Posted: 11 Nov 2014 Last Revised: 20 Jul 2016
Sean Flynn and Andra C. Ghent
Colorado State University - Department of Finance and Real Estate and University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 153 (188,042)

Abstract:

Loading...

9.

Why Do Markets React Badly to Good News? Evidence from Fed Funds Futures

Number of pages: 24 Posted: 01 Jul 2008 Last Revised: 15 Aug 2010
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 134 (209,399)

Abstract:

Loading...

Monetary Policy Expectations, Macroeconomic Surprises, Taylor Rule.

10.

Differences in Subprime Loan Pricing Across Races and Neighborhoods

Federal Reserve Bank of St. Louis Working Paper No. 2011-033C
Number of pages: 55 Posted: 12 Apr 2012 Last Revised: 08 Aug 2014
Andra C. Ghent, Ruben Hernandez-Murillo and Michael Owyang
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Federal Reserve Bank of St. Louis - Research Division
Downloads 122 (225,075)
Citation 2

Abstract:

Loading...

Fair Housing Act; Subprime Mortgages; Loan Performance; Discrimination

11.

Asset Insulators

Downloads 92 (273,798)

Asset Insulators

2nd Annual Financial Institutions, Regulation and Corporate Governance Conference
Number of pages: 57 Posted: 19 Jul 2016 Last Revised: 02 Oct 2016
Gabriel Chodorow-Reich, Andra C. Ghent and Valentin Haddad
Harvard University Department of Economics, University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 88 (283,895)

Abstract:

Loading...

Asset Insulators

NBER Working Paper No. w24973
Number of pages: 70 Posted: 17 Sep 2018
Gabriel Chodorow-Reich, Andra C. Ghent and Valentin Haddad
Harvard University Department of Economics, University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 4 (632,203)
  • Add to Cart

Abstract:

Loading...

12.

Comparing DSGE-VAR Forecasting Models: How Big are the Differences?

Journal of Economic Dynamics and Control, Vol. 33, No. 4, 2009
Number of pages: 43 Posted: 10 Apr 2008 Last Revised: 24 Nov 2011
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 91 (275,724)

Abstract:

Loading...

Economic Fluctuations, Priors from DSGE Models, Hours Debate, Business Cycles, Model Evaluation

13.

Home Ownership, Household Leverage, and Hyperbolic Discounting

Number of pages: 48 Posted: 04 Mar 2011 Last Revised: 20 Jan 2013
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 89 (279,602)

Abstract:

Loading...

Hyperbolic Discounting, Subprime, Mortgage Choice, Household Finance

14.

Infrequent Housing Adjustment, Limited Participation, and Monetary Policy

Journal of Money, Credit, and Banking, Forthcoming
Number of pages: 32 Posted: 02 Oct 2008 Last Revised: 07 May 2015
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 85 (287,737)

Abstract:

Loading...

Sticky Housing, Residential Investment, Limited Participation

15.

Is Housing the Business Cycle? Evidence from U.S. Cities

Journal of Urban Economics, Vol. 67, No. 3, 2010, Federal Reserve Bank of St. Louis Working Paper No.2009-007B
Number of pages: 38 Posted: 10 Mar 2009 Last Revised: 24 Nov 2011
Andra C. Ghent and Michael Owyang
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 80 (298,408)
Citation 6

Abstract:

Loading...

local housing markets, residential investment, economic fluctuations, housing prices

16.

What's Wrong with Pittsburgh? Delegated Investors and Liquidity Concentration

9th Miami Behavioral Finance Conference 2018
Number of pages: 45 Posted: 15 Mar 2019 Last Revised: 09 Apr 2019
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 76 (307,584)

Abstract:

Loading...

Delegated Asset Managers; Liquidity; Alternative Asset Classes

17.

How Do Households Make Mortgage Choices?

Real Estate Economics, Virtual Issue, 2016
Number of pages: 9 Posted: 11 Nov 2016 Last Revised: 07 Dec 2016
Andra C. Ghent and Vincent W. Yao
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Georgia State University - J. Mack Robinson College of Business
Downloads 68 (327,173)

Abstract:

Loading...

Mortgage Choice; Broker; Contracts; Reverse Mortgages

18.

Second Mortgages: Valuation and Implications for the Performance of Structured Financial Products

Number of pages: 41 Posted: 28 Aug 2016
Andra C. Ghent, Kristian R. Miltersen and Walter N. Torous
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics, Copenhagen Business School and Massachusetts Institute of Technology
Downloads 68 (327,173)

Abstract:

Loading...

Mortgage-Backed Securities (MBS), Mortgage Valuation, Credit Ratings.

19.

Securitization and Mortgage Renegotiation: Evidence from the Great Depression

Review of Financial Studies
Number of pages: 37 Posted: 04 Feb 2011 Last Revised: 24 Nov 2011
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 65 (335,032)
Citation 5

Abstract:

Loading...

20.

Intergenerational Linkages in Household Credit

FRB Richmond Working Paper No. 15-14
Number of pages: 44 Posted: 30 Nov 2015
Andra C. Ghent and Marianna Kudlyak
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and Federal Reserve Bank of San Francisco
Downloads 62 (343,176)

Abstract:

Loading...

Household Finance, Intergenerational Mobility, Credit Constraints, Income Inequality

21.

Informational Efficiency in Securitization After Dodd-Frank

Sixth Annual Conference on Financial Market Regulation (2018)
Number of pages: 57 Posted: 05 Nov 2018 Last Revised: 23 May 2019
Sean Flynn, Andra C. Ghent and Alexei Tchistyi
Colorado State University - Department of Finance and Real Estate, University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 14 (544,064)

Abstract:

Loading...

Dodd-Frank Act, Asymmetric Information, Signaling Equilibrium, ABS.

22.

Home Ownership, Household Leverage and Hyperbolic Discounting

Downloads 0 (650,903)

Home Ownership, Household Leverage and Hyperbolic Discounting

Real Estate Economics, Vol. 43, Issue 3, pp. 750-781, 2015
Number of pages: 32 Posted: 04 Aug 2015
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics
Downloads 0
  • Add to Cart

Abstract:

Loading...

Home Ownership, Household Leverage, and Hyperbolic Discounting

Real Estate Economics, Forthcoming
Posted: 28 Mar 2014
Andra C. Ghent
University of Wisconsin - School of Business - Department of Real Estate and Urban Land Economics

Abstract:

Loading...

Hyperbolic Discounting, Subprime, Mortgage Choice, Household Finance