Manuel Adelino

Duke University

Duke Innovation & Entrepreneurship Initiative

215 Morris St., Suite 300

Durham, NC 27701

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Centre for Economic Policy Research (CEPR)

London

United Kingdom

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 6,513

SSRN RANKINGS

Top 6,513

in Total Papers Downloads

6,562

CITATIONS
Rank 10,155

SSRN RANKINGS

Top 10,155

in Total Papers Citations

42

Scholarly Papers (21)

1.

Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class

Tuck School of Business Working Paper No. 2546427, Duke I&E Research Paper No. 15-8
Number of pages: 53 Posted: 09 Jan 2015 Last Revised: 22 Mar 2016
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 2,027 (6,818)
Citation 1

Abstract:

Loading...

Mortgage credit, mortgage origination, financial crisis, income

2.
Downloads 704 ( 34,505)
Citation 1

Firm Age, Investment Opportunities, and Job Creation

Journal of Finance, Forthcoming, Duke I&E Research Paper No. 16-5
Number of pages: 73 Posted: 07 Jan 2014 Last Revised: 28 Jul 2016
Manuel Adelino, Song Ma and David T. Robinson
Duke University, Yale School of Management and Fuqua School of Business, Duke University
Downloads 685 (35,331)
Citation 1

Abstract:

Loading...

Firm Age, Investment Opportunities, and Job Creation

NBER Working Paper No. w19845
Number of pages: 50 Posted: 25 Jan 2014 Last Revised: 12 Aug 2015
Manuel Adelino, Song Ma and David T. Robinson
Duke University, Yale School of Management and Fuqua School of Business, Duke University
Downloads 19 (533,504)
Citation 1

Abstract:

Loading...

Credit Supply and House Prices: Evidence from Mortgage Market Segmentation

Number of pages: 42 Posted: 17 Mar 2011 Last Revised: 24 Apr 2015
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 573 (44,825)
Citation 4

Abstract:

Loading...

credit supply, house prices, jumbo, conforming

Credit Supply and House Prices: Evidence from Mortgage Market Segmentation

NBER Working Paper No. w17832
Number of pages: 41 Posted: 10 Feb 2012 Last Revised: 06 Mar 2012
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 37 (436,305)
Citation 4

Abstract:

Loading...

The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration

Number of pages: 84 Posted: 12 Dec 2014 Last Revised: 13 Mar 2017
Manuel Adelino, Igor Cunha and Miguel A. Ferreira
Duke University, University of Kentucky and Nova School of Business and Economics
Downloads 600 (42,201)

Abstract:

Loading...

Municipal bonds, Credit ratings, Local demand, Government employment, Private employment, Income

The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration

CEPR Discussion Paper No. DP11811
Number of pages: 87 Posted: 30 Jan 2017
Manuel Adelino, Igor Cunha and Miguel A. Ferreira
Duke University, University of Kentucky and Nova School of Business and Economics
Downloads 1 (665,095)
  • Add to Cart

Abstract:

Loading...

Credit ratings, Government Employment, Income, Local Economy, Municipal Bonds, Private Employment, Public Finance

5.

Bank Ratings and Lending Supply: Evidence from Sovereign Downgrades

Review of Financial Studies, Forthcoming
Number of pages: 76 Posted: 10 Jan 2014 Last Revised: 15 Jan 2016
Manuel Adelino and Miguel A. Ferreira
Duke University and Nova School of Business and Economics
Downloads 498 (54,265)

Abstract:

Loading...

Bank credit supply, Credit channel, Credit ratings, Sovereign debt

Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

FRB Atlanta Working Paper No. 2016-8
Number of pages: 67 Posted: 19 Jul 2016 Last Revised: 30 Aug 2017
Duke University, Federal Reserve Bank of Atlanta and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 376 (75,616)

Abstract:

Loading...

securitization, mortgage default, adverse selection, signaling, asymmetric information

Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

NBER Working Paper No. w24180
Number of pages: 76 Posted: 09 Jan 2018 Last Revised: 16 Apr 2019
Duke University, Federal Reserve Bank of Atlanta and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 8 (604,737)
  • Add to Cart

Abstract:

Loading...

Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

CEPR Discussion Paper No. DP12591
Number of pages: 78 Posted: 16 Jan 2018 Last Revised: 12 Mar 2018
Duke University, Federal Reserve Bank of Atlanta and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 0
  • Add to Cart

Abstract:

Loading...

7.

Investment Decisions of Nonprofit Firms: Evidence from Hospitals

Journal of Finance, Forthcoming
Number of pages: 67 Posted: 15 Oct 2013
Duke University, Dartmouth College - Tuck School of Business and Tuck School of Business at Dartmouth
Downloads 333 (87,789)

Abstract:

Loading...

Investment, Cash Flows, Nonprofits, Hospitals

8.

Corporate Distress and Lobbying: Evidence from the Stimulus Act

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 51 Posted: 27 Nov 2013 Last Revised: 30 May 2015
Manuel Adelino and Serdar Dinc
Duke University and Rutgers University
Downloads 332 (88,101)

Abstract:

Loading...

Distress, Lobbying, Stimulus, Financial Crisis, Political Economy

9.

Loan Originations and Defaults in the Mortgage Crisis: Further Evidence

Tuck School of Business Working Paper No. 2621867
Number of pages: 30 Posted: 23 Jun 2015 Last Revised: 12 Aug 2015
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 229 (130,438)

Abstract:

Loading...

Mortgage credit, mortgage origination, financial crisis, income

Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures, and Securitization

FRB of Boston Public Policy Discussion Paper No. 09-4, Federal Reserve Bank of Atlanta Working Paper 2009-17
Number of pages: 41 Posted: 17 Jul 2009 Last Revised: 30 May 2015
Manuel Adelino, Kristopher Gerardi and Paul Willen
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston - Research Department
Downloads 196 (151,069)
Citation 30

Abstract:

Loading...

Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization

NBER Working Paper No. w15159
Number of pages: 42 Posted: 21 Jul 2009 Last Revised: 30 May 2015
Manuel Adelino, Kristopher Gerardi and Paul Willen
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston - Research Department
Downloads 31 (463,611)
Citation 32

Abstract:

Loading...

Perception of House Price Risk and Homeownership

Number of pages: 49 Posted: 25 Jun 2018 Last Revised: 02 Aug 2018
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 163 (178,433)

Abstract:

Loading...

Perception of House Price Risk and Homeownership

NBER Working Paper No. w25090
Number of pages: 54 Posted: 24 Sep 2018
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 6 (618,096)
  • Add to Cart

Abstract:

Loading...

Perception of House Price Risk and Homeownership

CEPR Discussion Paper No. DP13195
Number of pages: 56 Posted: 24 Sep 2018
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 0
  • Add to Cart

Abstract:

Loading...

The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities

Number of pages: 56 Posted: 27 Jul 2014 Last Revised: 27 Sep 2016
Manuel Adelino, W. Scott Frame and Kristopher Gerardi
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 124 (223,292)

Abstract:

Loading...

mortgage default, GSEs, securitization, private information

The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities

FRB Atlanta Working Paper No. 2014-4
Number of pages: 58 Posted: 04 Apr 2015
Manuel Adelino, W. Scott Frame and Kristopher Gerardi
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Atlanta
Downloads 44 (407,811)

Abstract:

Loading...

mortgage default, GSEs, securitization, private information

Identifying the Effect of Securitization on Foreclosure and Modification Rates Using Early-Payment Defaults

Federal Reserve Bank of Atlanta Working Paper Series No. 2010-8
Number of pages: 28 Posted: 06 May 2010 Last Revised: 30 May 2015
Manuel Adelino, Kristopher Gerardi and Paul Willen
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston - Research Department
Downloads 66 (336,512)
Citation 3

Abstract:

Loading...

foreclosure, mortgage, house prices

What Explains Differences in Foreclosure Rates? A Response to Piskorski, Seru, and Vig

FRB of Boston Working Paper No. 10-2
Number of pages: 16 Posted: 06 May 2010
Manuel Adelino, Kristopher Gerardi and Paul Willen
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston - Research Department
Downloads 59 (356,644)
Citation 3

Abstract:

Loading...

14.

Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class

NBER Working Paper No. w20848
Number of pages: 51 Posted: 20 Jan 2015 Last Revised: 03 Feb 2015
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 59 (351,702)
Citation 1

Abstract:

Loading...

15.

House Prices, Collateral and Self-Employment

NBER Working Paper No. w18868
Number of pages: 44 Posted: 09 Mar 2013 Last Revised: 08 Oct 2014
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 45 (396,652)

Abstract:

Loading...

16.

Hospital Financial Health and Clinical Choices: Evidence From the Financial Crisis

Number of pages: 61 Posted: 14 Oct 2018
Manuel Adelino, Katharina Lewellen and W. Ben McCartney
Duke University, Dartmouth College - Tuck School of Business and Purdue University - Krannert School of Management
Downloads 20 (509,761)

Abstract:

Loading...

Hospitals, Financing Constraints, Nonprofits, Medical Choices

17.

Dynamics of Housing Debt in the Recent Boom and Great Recession

NBER Working Paper No. w23502
Number of pages: 67 Posted: 13 Jun 2017
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 19 (515,520)

Abstract:

Loading...

18.

Loan Originations and Defaults in the Mortgage Crisis: Further Evidence

NBER Working Paper No. w21320
Number of pages: 31 Posted: 13 Jul 2015 Last Revised: 12 Aug 2015
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business
Downloads 12 (555,891)

Abstract:

Loading...

19.

The Role of Housing and Mortgage Markets in the Financial Crisis

Annual Review of Financial Economics, Vol. 10, pp. 25-41, 2018
Posted: 08 Nov 2018
Manuel Adelino, Antoinette Schoar and Felipe Severino
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Dartmouth College - Tuck School of Business

Abstract:

Loading...

20.

Identifying the Effect of Securitization on Foreclosure and Modification Rates Using Early Payment Defaults

Journal of Real Estate Finance and Economics, Vol. 49, No. 3, 2014
Posted: 03 Oct 2014
Manuel Adelino, Kristopher Gerardi and Paul Willen
Duke University, Federal Reserve Bank of Atlanta and Federal Reserve Bank of Boston - Research Department

Abstract:

Loading...

Early payment default; Foreclosure; Mortgage; Securitization

21.

How Much Do Investors Rely on Ratings? The Case of Mortgage Backed Securities

Posted: 25 Jun 2009 Last Revised: 30 May 2015
Manuel Adelino
Duke University

Abstract:

Loading...

Ratings, Spreads, Crisis

Other Papers (1)

Total Downloads: 39    Citations: 0
1.

Investment Decisions of Not-for-Profits: Evidence from Hospitals

Number of pages: 41 Posted: 14 Mar 2012
Duke University, Dartmouth College - Tuck School of Business and Tuck School of Business at Dartmouth
Downloads 39 (258,683)

Abstract:

Loading...

investment, cash flow, hospital, non-profit, not-for-profit, capital expenditure, agency, financing constraints