Posts filed under “Credit”

The Mystery of the Missing Home Buyers

This week, the New York Times launched The Upshot, combining aspects of the Washington Post’s Wonkblog with Nate Silver’s 538. Edited by Pulitzer Prize winner and former economics columnist David Leonhardt, we linked to the inaugural piece “America’s Middle Class Is No Longer the World’s Richest.”

This morning, I want to direct your attention to another nice Upshot column, this time, by Neil Irwin: `Why the Housing Market Is Still Stalling the Economy.” I like the column, which tries to explain why the housing market is still soft. It does a nice job of combining history, demographics, current sales data and charts.

Irwin focuses on two areas: Residential overbuilding during the boom and a lack of new household formation since the bust. You probably recall the massive new home construction during the boom; economist David Rosenberg has pointed out that we are still at levels of new home construction and sales that are associated with the bottoms of prior recessions.

 

Continues here

 

Source: Calculated Risk.
Source: Calculated Risk

 

 

Category: Credit, Real Estate

To Whom Does the U.S. Government Owe Money?

Over at Political Calculations, they have updated an excellent graphic showing the various folsk Uncle Sam owes money to: click for larger graphic Source: Political Calculations  

Category: Credit, Digital Media, Taxes and Policy

Category: Credit, Think Tank

A New Idea on Bank Capital

A New Idea on Bank Capital Hamid Mehran and Anjan Thakor Liberty Street Economics  April 07, 2014     How does any firm decide on its capital structure—how much equity (capital) to use, how much debt? And what does research tell us about why banks have so much more financial leverage than other firms? How…Read More

Category: Credit, Think Tank

The Stability of Funding Models

Category: Credit, Think Tank

Have GSEs Fully Repaid the Treasury?

Have the Government-Sponsored Enterprises Fully Repaid the Treasury? Larry D. Wall March 2014, Atlanta Fed     Have U.S. taxpayers been fully compensated for their bailout of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac? The Treasury is reported to have argued that “the value of Treasury’s commitment to the GSEs was “incalculably large,’”…Read More

Category: Credit, Federal Reserve, Think Tank

Liquidity Trap and Excessive Leverage

Category: Bailouts, Credit, Federal Reserve, Think Tank

Do “Too-Big-to-Fail” Banks Take On More Risk?

Do “Too-Big-to-Fail” Banks Take On More Risk? Gara Afonso, João Santos, and James Traina Liberty Street Economics, March 26, 2014   ~~~ This post is the fourth in a series of thirteen Liberty Street Economics posts on Large and Complex Banks. For more on this topic, see this special issue of the Economic Policy Review….Read More

Category: Bailouts, Credit

Fed “Stress Test” Results

Zion’s Bank — really? Fed “Stress Test” Results Source: WSJ

Category: Credit, Digital Media, Federal Reserve

Sovereign-Bank Nexus

Category: Credit, Think Tank