Joseph Nichols

Board of Governors of the Federal Reserve System

Economist

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

13

DOWNLOADS

1,147

SSRN CITATIONS
Rank 28,230

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Top 28,230

in Total Papers Citations

26

CROSSREF CITATIONS

6

Scholarly Papers (13)

1.

Commercial Real Estate Loan Performance at Failed U.S. Banks

Midwest Finance Association 2012 Annual Meetings Paper
Number of pages: 36 Posted: 14 Sep 2011
Joseph Nichols and Andrew Felton
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 257 (152,813)

Abstract:

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commercial real estate, banks, mortgages

What is Subordination About? Credit Risk and Subordination Levels in Commercial Mortgage-Backed Securities (CMBS)

Journal of Real Estate Finance and Economics, Forthcoming
Number of pages: 40 Posted: 19 Nov 2010 Last Revised: 21 Jul 2015
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business
Downloads 227 (172,042)
Citation 5

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What is Subordination About? Credit Risk and Subordination Levels in Commercial Mortgage-Backed Securities (CMBS)

Journal of Real Estate Finance and Economics, Vol. 51, No. 2, 2015
Posted: 04 Sep 2015
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business

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Commercial mortgage-backed securities (CMBS); Subordination; Credit risk; Credit rating agency (CRA)

3.

Commercial and Residential Land Prices Across the United States

Number of pages: 52 Posted: 11 Mar 2011
American Enterprise Institute, Board of Governors of the Federal Reserve System and J.P. Morgan Chase & Co.
Downloads 224 (174,646)
Citation 2

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Price index, Land, Residential, Commercial

4.

Differences Across Originators in CMBS Loan Underwriting

Number of pages: 35 Posted: 19 Mar 2011
DePaul University - Driehaus College of Business, Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 112 (309,801)
Citation 5

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Commercial Mortgage Backed Securities, Organizational Type, Moral Hazard

Safe Collateral, Arm's-Length Credit: Evidence from the Commercial Real Estate Market

Number of pages: 43 Posted: 09 Nov 2017
Lamont Black, John Krainer and Joseph Nichols
DePaul University - Driehaus College of Business, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 44 (522,548)
Citation 1

Abstract:

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banks, collateral, securitization, commercial real estate

Safe Collateral, Arm's-Length Credit: Evidence from the Commercial Real Estate Mortgage Market

Number of pages: 42 Posted: 30 May 2017
Lamont Black, John Krainer and Joseph Nichols
DePaul University - Driehaus College of Business, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 46 (513,064)
Citation 2

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Collateral, Commercial banking, Commercial real estate, Securitization

Intermediary Segmentation in the Commercial Real Estate Market

Number of pages: 54 Posted: 27 Nov 2019
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 46 (513,064)
Citation 1

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Intermediary Segmentation in the Commercial Real Estate Market

Number of pages: 53 Posted: 27 Nov 2019
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 20 (672,405)

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commercial real estate, life insurers, segmentation

7.

Swings in Commercial and Residential Land Prices in the United States

AEI Economic Policy Working Paper 2012-03
Number of pages: 63 Posted: 21 Feb 2013
Board of Governors of the Federal Reserve System, American Enterprise Institute and J.P. Morgan Chase & Co.
Downloads 63 (437,215)
Citation 8

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8.

Consumption Responses to Permanent and Transitory Shocks to House Appreciation

Number of pages: 40 Posted: 19 Mar 2011
Joseph Nichols and Juan Contreras
Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 56 (462,652)
Citation 6

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Life cycle, marginal propensity to consume, house prices

9.

Nominal Mortgage Contracts and the Effects of Inflation on Portfolio Allocation

Number of pages: 50 Posted: 17 Jul 2008
Joseph Nichols
Board of Governors of the Federal Reserve System
Downloads 33 (567,655)

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Mortgages, inflation, portfolio allocation, life-cycle

10.

Determinants of Losses on Construction Loans: Bad Loans, Bad Banks, or Bad Markets?

FDIC Center for Financial Research Paper No. 2021-07
Number of pages: 60 Posted: 27 Aug 2021 Last Revised: 29 Sep 2021
Emily Johnston Ross, Joseph Nichols and Lynn Shibut
Federal Deposit Insurance Corporation (FDIC), Board of Governors of the Federal Reserve System and U.S. Federal Deposit Insurance Corporation (FDIC)
Downloads 13 (703,104)

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ADC, Construction Loan, LGD, CRE

11.

Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans

Number of pages: 33 Posted: 28 Sep 2021
Federal Reserve Bank of BostonFederal Reserve Bank of Cleveland , Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 6 (758,418)

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commercial real estate, recourse, LTV

12.

From Origination to Renegotiation: A Comparison of Portfolio and Securitized Commercial Real Estate Loans

Journal of Real Estate Finance and Economics, Vol. 55, No. 1, 2017
Posted: 07 Jul 2017
Lamont Black, John Krainer and Joseph Nichols
DePaul University - Driehaus College of Business, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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Securitization; CMBS; Commercial banks; Asymmetric information

13.

Local Traits and Securitized Commercial Mortgage Default

Journal of Real Estate Finance and Economics, Vol. 47, No. 4, 2013
Posted: 15 Nov 2013
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Wisconsin School of Business, University of Wisconsin-Madison, Board of Governors of the Federal Reserve System and George Mason University - School of Business

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Default risk; CMBS loan; Local trait; Hazard model