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Research Article
Open Access

Home Truths: Promises and Challenges in Linking Mortgages and Political Influence

Deniz Igan
RSF: The Russell Sage Foundation Journal of the Social Sciences November 2016, 2 (7) 69-86; DOI: https://doi.org/10.7758/RSF.2016.2.7.05
Deniz Igan
aDeputy division chief at the International Monetary Fund
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REFERENCES

  1. ↵
    Acemoglu, Daron. 2009. “The Crisis of 2008: Structural Lessons for and from Economics.” January 6. Available at: http://economics.mit.edu/files/3703 (accessed August 9, 2016).
  2. ↵
    Agarwal, Sumit, Efraim Benmelech, Nittai Bergman, and Amit Seru. 2012. “Did the Community Reinvestment Act (CRA) Lead to Risky Lending?” Working Paper 18609. Cambridge, Mass.: National Bureau of Economic Research (December).
  3. ↵
    1. Blanes-Vidal, Jordi,
    2. Mirco Draca, , and
    3. Christian Fons-Rosen
    . 2012. “Revolving Door Lobbyists.” American Economic Review 102(6): 3731–48.
    OpenUrlCrossRef
  4. ↵
    Bonica, Adam. 2016. “A Data-Driven Voter Guide for U.S. Elections: Adapting Quantitative Measures of the Preferences and Priorities of Political Elites to Help Voters Learn About Candidates.” February 24. Available at SSRN: http://ssrn.com/abstract=2742094 or http://dx.doi.org/10.2139/ssrn.2742094 (accessed August 9, 2016).
  5. ↵
    Braun, Mattias, and Claudio Raddatz. 2009. “Banking on Politics.” World Bank Policy Research Working Paper Series 4902.
  6. ↵
    1. Calomiris, Charles
    . 2009. “The Subprime Turmoil: What’s Old, What’s New, and What’s Next.” Journal of Structured Finance 15(1): 6–52.
    OpenUrlCrossRef
  7. ↵
    1. Faccio, Mara
    . 2006. “Politically Connected Firms.” American Economic Review 96(1): 369–86.
    OpenUrlCrossRefWeb of Science
  8. Igan, Deniz, and Prachi Mishra. 2011. “Three’s Company: Wall Street, Capitol Hill, and K Street.” Unpublished paper. International Monetary Fund, Washington.
    1. Igan, Deniz,
    2. Prachi Mishra, , and
    3. Thierry Tressel
    . 2011. “A Fistful of Dollars: Lobbying and the Financial Crisis.” NBER Macroeconomics Annual 26.
  9. ↵
    1. Johnson, Simon
    . 2009. “The Quiet Coup.” The Atlantic(May).
  10. ↵
    1. Mian, Atif,
    2. Amir Sufi, , and
    3. Francesco Trebbi
    . 2010. “The Political Economy of the U.S. Mortgage Default Crisis.” American Economic Review 100(5): 1967–98.
    OpenUrlCrossRef
  11. ↵
    1. Piskorski, Tomasz,
    2. Amit Seru, , and
    3. James Witkin
    . 2013. “Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market.” Journal of Finance 70(6): 2635–78.
    OpenUrl
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RSF: The Russell Sage Foundation Journal of the Social Sciences: 2 (7)
RSF: The Russell Sage Foundation Journal of the Social Sciences
Vol. 2, Issue 7
1 Nov 2016
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Home Truths: Promises and Challenges in Linking Mortgages and Political Influence
Deniz Igan
RSF: The Russell Sage Foundation Journal of the Social Sciences Nov 2016, 2 (7) 69-86; DOI: 10.7758/RSF.2016.2.7.05

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Home Truths: Promises and Challenges in Linking Mortgages and Political Influence
Deniz Igan
RSF: The Russell Sage Foundation Journal of the Social Sciences Nov 2016, 2 (7) 69-86; DOI: 10.7758/RSF.2016.2.7.05
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  • Article
    • Abstract
    • CONSTRUCTING A DATA SET OF POLITICAL INFLUENCE, FINANCIAL REGULATION, AND MORTGAGE LENDING
    • FINDINGS
    • CONCLUDING DISCUSSION
    • Acknowledgments
    • FOOTNOTES
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Keywords

  • lobbying
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  • mortgage lending
  • financial regulation

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