User profiles for Michael Fratantoni

Michael Fratantoni

MBA
Verified email at mba.org
Cited by 948

Assessing the forecasting performance of regime‐switching, ARIMA and GARCH models of house prices

GW Crawford, MC Fratantoni - Real Estate Economics, 2003 - Wiley Online Library
While price changes on any particular home are difficult to predict, aggregate home price
changes are forecastable. In this context, this paper compares the forecasting performance of …

Monetary policy, housing, and heterogeneous regional markets

M Fratantoni, S Schuh - Journal of Money, Credit and Banking, 2003 - JSTOR
We quantify the importance of heterogeneity for monetary policy using a new heterogeneous-agent
VAR (HAVAR) model that integrates national monetary/financial markets with …

Homeownership and investment in risky assets

MC Fratantoni - Journal of Urban Economics, 1998 - Elsevier
This paper uses the 1989 Survey of Consumer Finances to show that committed expenditures
related to homeownership cause agents to hold their financial assets in a safe form. This …

Homeownership, committed expenditure risk, and the stockholding puzzle

MC Fratantoni - Oxford Economic Papers, 2001 - academic.oup.com
Kimball (1991) showed that consumers who face an unavoidable risk will display 'temperance',
meaning that they will increase their holdings of safe assets. In principle, temperance …

Reverse mortgage choices: A theoretical and empirical analysis of the borrowing decisions of elderly homeowners

M Fratantoni - Journal of Housing Research, 1999 - Taylor & Francis
This research seeks to explain the determinants of reverse mortgage product choice. Reverse
mortgages can potentially be a great benefit to an aging population, but it is important that …

Mortgage Lender Profitability and Its Impacton Market Spreads

M Fratantoni - Journal of Structured Finance, 2016 - search.proquest.com
Persistent increases in mortgage origination costs affect both lender profitability and borrower
costs. This article examines these trends and quantifies the impact of increased loan …

Mortgage Market Dynamics: Competition and Evolution

M Fratantoni - Journal of Structured Finance, 2019 - search.proquest.com
The mortgage industry is currently undergoing some significant changes, with declining
origination volume, a shifting mix of originations with a much higher share of purchase loans, …

[BOOK][B] Three essays on precautionary saving and the stockholding puzzle

MC Fratantoni - 1997 - search.proquest.com
In this dissertation I focus on the microeconomic manifestation of the equity premium puzzle;
given the equity premium which has prevailed, why do households hold such a small …

Trends in Mortgage Credit Availability: The Evidence and Its Implications

M Fratantoni - Journal of Structured Finance, 2017 - search.proquest.com
Mortgage credit availability is tracked closely by policymakers and industry participants alike,
as it is a critical measure of the health of the market. Market analysts should be aware of …

Freshwater export from the Labrador Current to the North Atlantic Current at the Tail of the Grand Banks of Newfoundland

PS Fratantoni, MS McCartney - Deep Sea Research Part I: Oceanographic …, 2010 - Elsevier
Historical hydrographic data, spanning the period 1896–2006, are used to examine the annual
mean and seasonal variations in the distribution of freshwater along and across the shelf/…