The failure of models that predict failure: distance, incentives and defaults
Journal
Journal of Financial Economics
Subject
Finance
Publishing details
Authors / Editors
Rajan U; Seru A; Vig V
Biographies
Publication Year
2015
Keywords
Securitization, screening, incentives, subprime, defaults, mortgages, disintermediation, models, lucas critique, soft information, hard information, failure, predictability