Professor Ross has NBER Featured Paper on Foreclosure Spillovers

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:

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: