We've got two of our three economics panel members confirmed, and wanted to share their recent research.
Adam Ashcraft, Federal Reserve Bank of New York, recently wrote a paper entitled, "The Federal Home Loan Bank System:The Lender of Next-to-Last Resort?"
Paul Willen, Federal Reserve Bank of Boston published a couple of pertinent articles in 2008. The first is "Negative Equity and Foreclosure: Theory and Evidence," and the second is "Subprime Facts: What (We Think) We Know about the Subprime Crisis and What We Don’t."
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