Professor Ross has NBER Featured Paper on Foreclosure Spillovers

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Professor Steve Ross’s work (with Weiran Huang and Ashlyn Nelson) on foreclosure spillovers was the Featured Working Paper for October 4, 2021 on the National Bureau of Economic Research homepage: https://www.nber.org/

The paper “Broad Effects of Foreclosure Spillover” shows that spillovers can explain over 60% of the increase in the dispersion of foreclosure rates across neighborhoods during the foreclosure crisis.

The paper may be found at: https://www.nber.org/papers/w28851