L
Lara Loewenstein
Researcher at Federal Reserve System
Publications - 20
Citations - 116
Lara Loewenstein is an academic researcher from Federal Reserve System. The author has contributed to research in topics: Loss aversion & Endowment effect. The author has an hindex of 4, co-authored 14 publications receiving 62 citations. Previous affiliations of Lara Loewenstein include Federal Reserve Bank of Boston.
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Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications
TL;DR: In this article, the authors used two comprehensive micro-data sets to study how the distribution of mortgage debt evolved during the 2000s housing boom and found that the allocation of mortgage loans across the income distribution remained stable, as did the allocation for real estate assets.
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Technological Innovation in Mortgage Underwriting and the Growth in Credit: 1985-2015
TL;DR: The application of information technology to finance, or ''fintech,? is expected to revolutionize many aspects of borrowing and lending in the future, but technology has been reshaping consumer and mortgage lending for many years as mentioned in this paper.
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Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications
TL;DR: This paper showed that subprime lending did not cause a reallocation of debt toward the poor, but rather prevented the reallocating of debt towards the poor by preventing subprime borrowers from defaulting.
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Cross-Sectional Patterns of Mortgage Debt During the Housing Boom: Evidence and Implications
TL;DR: The authors showed that subprime lending did not cause a reallocation of debt toward the poor, but rather prevented the reallocating of debt towards the poor by preventing subprime borrowers from defaulting.
Posted Content
Anchoring or Loss Aversion? Empirical Evidence from Art Auctions
Kathryn Graddy,Lara Loewenstein,Jianping Mei,Michael J. Moses,Rachel A.J. Pownall,Rachel A.J. Pownall +5 more
TL;DR: This article found evidence for the behavioral biases of anchoring and loss aversion for items that are resold quickly and found that the effect of loss aversion increases with the time that a painting is held.