Kristopher Gerardi

Names

Identifer

Contact

Affiliations

• Federal Reserve Bank of Atlanta / Economic Research Department
  • EDIRC entry
  • location:

Research profile

author of:

• Consumer Heterogeneity and Markups over the Business Cycle: Evidence from the Airline Industry
  BEA Working Papers, Bureau of Economic Analysis (2010)
  by Marco Cornia & Kristopher S. Gerardi & Adam Hale Shapiro
  (ReDIF-paper, bea:wpaper:0056)
• Making Sense of the Subprime Crisis
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2008)
  by Kristopher Gerardi & Andreas Lehnert & Shane M. Sherlund & Paul Willen
  (ReDIF-article, bin:bpeajo:v:39:y:2008:i:2008-02:p:69-159)
• The Effect of Social Entitlement Programmes on Private Transfers: New Evidence of Crowding Out
  Economica, London School of Economics and Political Science (2014)
  by Kristopher Gerardi & Yuping Tsai
  (ReDIF-article, bla:econom:v:81:y:2014:i:324:p:721-746)
• The Impact of Deregulation and Financial Innovation on Consumers: The Case of the Mortgage Market
  Journal of Finance, American Finance Association (2010)
  by Kristopher S. Gerardi & Harvey S. Rosen & Paul S. Willen
  (ReDIF-article, bla:jfinan:v:65:y:2010:i:1:p:333-360)
• Price Dispersion Over the Business Cycle: Evidence from the Airline Industry
  Journal of Industrial Economics, Wiley Blackwell (2012)
  by Marco Cornia & Kristopher S. Gerardi & Adam Hale Shapiro
  (ReDIF-article, bla:jindec:v:60:y:2012:i:3:p:347-373)
• Subprime Mortgages, Foreclosures, and Urban Neighborhoods
  The B.E. Journal of Economic Analysis & Policy, De Gruyter (2009)
  by Gerardi Kristopher & Willen Paul
  (ReDIF-article, bpj:bejeap:v:9:y:2009:i:3:n:12)
• Just the facts: An initial analysis of subprime's role in the housing crisis
  Journal of Housing Economics, Elsevier (2008)
  by Foote, Christopher L. & Gerardi, Kristopher & Goette, Lorenz & Willen, Paul S.
  (ReDIF-article, eee:jhouse:v:17:y:2008:i:4:p:291-305)
• Negative equity and foreclosure: Theory and evidence
  Journal of Urban Economics, Elsevier (2008)
  by Foote, Christopher L. & Gerardi, Kristopher & Willen, Paul S.
  (ReDIF-article, eee:juecon:v:64:y:2008:i:2:p:234-245)
• Do borrower rights improve borrower outcomes? Evidence from the foreclosure process
  Journal of Urban Economics, Elsevier (2013)
  by Gerardi, Kristopher & Lambie-Hanson, Lauren & Willen, Paul S.
  (ReDIF-article, eee:juecon:v:73:y:2013:i:1:p:1-17)
• Foreclosure externalities: New evidence
  Journal of Urban Economics, Elsevier (2015)
  by Gerardi, Kristopher & Rosenblatt, Eric & Willen, Paul S. & Yao, Vincent
  (ReDIF-article, eee:juecon:v:87:y:2015:i:c:p:42-56)
• Why don't Lenders renegotiate more home mortgages? Redefaults, self-cures and securitization
  Journal of Monetary Economics, Elsevier (2013)
  by Adelino, Manuel & Gerardi, Kristopher & Willen, Paul S.
  (ReDIF-article, eee:moneco:v:60:y:2013:i:7:p:835-853)
• The effect of large investors on asset quality: Evidence from subprime mortgage securities
  Journal of Monetary Economics, Elsevier (2017)
  by Adelino, Manuel & Scott Frame, W. & Gerardi, Kristopher
  (ReDIF-article, eee:moneco:v:87:y:2017:i:c:p:34-51)
• Evaluating the Benefits of a Streamlined Refinance Program
  Policy Hub*, Federal Reserve Bank of Atlanta (2020)
  by Kristopher Gerardi & Lara Loewenstein & Paul S. Willen
  (ReDIF-paper, fip:a00001:88481)
• Evaluating the Benefits of a Streamlined Refinance Program
  Policy Hub*, Federal Reserve Bank of Atlanta (2020)
  by Kristopher Gerardi & Lara Loewenstein & Paul S. Willen
  (ReDIF-paper, fip:a00001:89431)
• Racial Differences in Mortgage Refinancing, Distress, and Housing Wealth Accumulation during COVID-19
  Policy Hub*, Federal Reserve Bank of Atlanta (2021)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:a00001:92867)
• Lessons Learned from Mortgage Borrower Policies and Outcomes during the COVID-19 Pandemic
  Policy Hub, Federal Reserve Bank of Atlanta (2022)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-article, fip:a00068:96686)
• Mortgage foreclosure prevention efforts
  Economic Review, Federal Reserve Bank of Atlanta (2010)
  by Kristopher Gerardi & Wenli Li
  (ReDIF-article, fip:fedaer:y:2010:n:v.95no.2)
• Subprime mortgages, foreclosures, and urban neighborhoods
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2009-01)
• Making sense of the subprime crisis
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Kristopher Gerardi & Andreas Lehnert & Shane M. Sherlund & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2009-02)
• Reducing foreclosures: no easy answers
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Christopher L. Foote & Kristopher Gerardi & Lorenz Goette & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2009-15)
• Why don't lenders renegotiate more home mortgages? redefaults, self-cures, and securitization
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Manuel Adelino & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2009-17)
• Decomposing the foreclosure crisis: House price depreciation versus bad underwriting
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2009)
  by Kristopher Gerardi & Adam Hale Shapiro & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2009-25)
• What explains differences in foreclosure rates? a response to Piskorski, Seru, and Vig
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
  by Manuel Adelino & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2010-08)
• Financial literacy and subprime mortgage delinquency: evidence from a survey matched to administrative data
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
  by Kristopher Gerardi & Lorenz Goette & Stephan Meier
  (ReDIF-paper, fip:fedawp:2010-10)
• The effect of social entitlement programs on private transfers: new evidence of crowding out
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2010)
  by Kristopher Gerardi & Yuping Tsai
  (ReDIF-paper, fip:fedawp:2010-15)
• Price discrimination and business-cycle risk
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2011)
  by Marco Cornia & Kristopher Gerardi & Adam Hale Shapiro
  (ReDIF-paper, fip:fedawp:2011-03)
• Do borrower rights improve borrower outcomes? Evidence from the foreclosure process
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2011)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2011-16)
• Why did so many people make so many ex post bad decisions? the causes of the foreclosure crisis
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2012)
  by Christopher L. Foote & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2012-07)
• Foreclosure externalities: Some new evidence
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2012)
  by Kristopher Gerardi & Eric Rosenblatt & Paul S. Willen & Vincent W. Yao
  (ReDIF-paper, fip:fedawp:2012-11)
• Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2013)
  by Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2013-04)
• The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2014)
  by Manuel Adelino & W. Scott Frame & Kristopher Gerardi
  (ReDIF-paper, fip:fedawp:2014-04)
• The failure of supervisory stress testing: Fannie Mae, Freddie Mac, and OFHEO
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2015)
  by W. Scott Frame & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedawp:2015-03)
• Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2016)
  by Manuel Adelino & Kristopher Gerardi & Barney Hartman-Glaser
  (ReDIF-paper, fip:fedawp:2016-08)
• Fracking and Mortgage Default
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2017)
  by Chris Cunningham & Kristopher Gerardi & Yannan Shen
  (ReDIF-paper, fip:fedawp:2017-04)
• Villains or Scapegoats? The Role of Subprime Borrowers in Driving the U.S. Housing Boom
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2018)
  by James Conklin & W. Scott Frame & Kristopher Gerardi & Haoyang Liu
  (ReDIF-paper, fip:fedawp:2018-10)
• Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2019)
  by Patrick Dennis & Kristopher Gerardi & Carola Schenone
  (ReDIF-paper, fip:fedawp:2019-15)
• Foreclosure Externalities and Vacant Property Registration Ordinances
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2019)
  by Arnab Biswas & Chris Cunningham & Kristopher Gerardi & Daniel Sexton
  (ReDIF-paper, fip:fedawp:2019-20)
• Mortgage Prepayment, Race, and Monetary Policy
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by Kristopher Gerardi & Paul S. Willen & David Hao Zhang
  (ReDIF-paper, fip:fedawp:89454)
• The Good, the Bad, and the Ordinary: Estimating Agent Value-Added Using Real Estate Transactions
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2022)
  by Chris Cunningham & Kristopher Gerardi & Lily Shen
  (ReDIF-paper, fip:fedawp:95072)
• Can Everyone Tap Into the Housing Piggy Bank? Racial Disparities in Access to Home Equity
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2022)
  by James Conklin & Kristopher Gerardi & Lauren Lambie-Hanson
  (ReDIF-paper, fip:fedawp:95223)
• A Critical Review of the Common Ownership Literature
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2023)
  by Kristopher Gerardi & Michelle Lowry & Carola Schenone
  (ReDIF-paper, fip:fedawp:97271)
• Evaluating the Benefits of a Streamlined Refinance Program
  Current Policy Perspectives, Federal Reserve Bank of Boston (2020)
  by Kristopher Gerardi & Lara Loewenstein & Paul S. Willen
  (ReDIF-paper, fip:fedbcq:89267)
• Racial Differences in Mortgage Refinancing, Distress, and Housing Wealth Accumulation during COVID-19
  Current Policy Perspectives, Federal Reserve Bank of Boston (2021)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:fedbcq:92793)
• Lessons Learned from Mortgage Borrower Policies and Outcomes during the COVID-19 Pandemic
  Current Policy Perspectives, Federal Reserve Bank of Boston (2022)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:fedbcq:94444)
• Foreclosures, house-price changes, and subprime mortgages in Massachusetts cities and towns
  Interactive Maps and Charts, Federal Reserve Bank of Boston (2008)
  by Kristopher Gerardi & Adam Hale Shapiro & Paul S. Willen
  (ReDIF-paper, fip:fedbmc:y:2008)
• Do households benefit from financial deregulation and innovation?: the case of the mortgage market
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2006)
  by Kristopher Gerardi & Harvey S. Rosen & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:06-6)
• Subprime facts: what (we think) we know about the subprime crisis and what we don’t
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2008)
  by Christopher L. Foote & Kristopher Gerardi & Lorenz Goette & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:08-2)
• Negative equity and foreclosure: theory and evidence
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2008)
  by Christopher L. Foote & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:08-3)
• Subprime mortgages, foreclosures, and urban neighborhoods
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2008)
  by Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:08-6)
• Making sense of the subprime crisis
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2009)
  by Kristopher Gerardi & Andreas Lehnert & Shane M. Sherlund & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:09-1)
• Reducing foreclosures
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2009)
  by Christopher L. Foote & Kristopher Gerardi & Lorenz Goette & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:09-2)
• Why don't lenders renegotiate more home mortgages?: redefaults, self-cures, and securitization
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2009)
  by Manuel Adelino & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:09-4)
• Reasonable people did disagree : optimism and pessimism about the U.S. housing market before the crash
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2010)
  by Christopher L. Foote & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:10-5)
• Do borrower rights improve borrower outcomes?: evidence from the foreclosure process
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2011)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:11-9)
• Why did so many people make so many ex post bad decisions?: the causes of the foreclosure crisis
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2012)
  by Christopher L. Foote & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbpp:12-2)
• Foreclosure externalities: some new evidence
  Public Policy Discussion Paper, Federal Reserve Bank of Boston (2012)
  by Kristopher Gerardi & Eric Rosenblatt & Paul S. Willen & Vincent W. Yao
  (ReDIF-paper, fip:fedbpp:12-5)
• Subprime outcomes: risky mortgages, homeownership experiences, and foreclosures
  Working Papers, Federal Reserve Bank of Boston (2007)
  by Kristopher Gerardi & Adam Hale Shapiro & Paul S. Willen
  (ReDIF-paper, fip:fedbwp:07-15)
• The effects of competition on price dispersion in the airline industry: a panel analysis
  Working Papers, Federal Reserve Bank of Boston (2007)
  by Kristopher Gerardi & Adam Hale Shapiro
  (ReDIF-paper, fip:fedbwp:07-7)
• What explains differences in foreclosure rates?: a response to Piskorski, Seru, and Vig
  Working Papers, Federal Reserve Bank of Boston (2010)
  by Manuel Adelino & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbwp:10-2)
• Can't pay or won't pay?: unemployment, negative equity, and strategic default
  Working Papers, Federal Reserve Bank of Boston (2015)
  by Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen
  (ReDIF-paper, fip:fedbwp:15-13)
• The Failure of supervisory stress testing: Fannie Mae, Freddie Mac, and OFHEO
  Working Papers, Federal Reserve Bank of Boston (2015)
  by W. Scott Frame & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, fip:fedbwp:15-4)
• Mortgage Prepayment, Race, and Monetary Policy
  Working Papers, Federal Reserve Bank of Boston (2020)
  by Kristopher Gerardi & Paul S. Willen & David Hao Zhang
  (ReDIF-paper, fip:fedbwp:88882)
• Evaluating the Benefits of a Streamlined Refinance Program
  Working Papers, Federal Reserve Bank of Cleveland (2020)
  by Kristopher Gerardi & Lara Loewenstein & Paul S. Willen
  (ReDIF-paper, fip:fedcwq:88337)
• Villains or Scapegoats? The Role of Subprime Borrowers in Driving the U.S. Housing Boom
  Working Papers, Federal Reserve Bank of Dallas (2020)
  by James Conklin & W. Scott Frame & Kristopher Gerardi & Haoyang Liu
  (ReDIF-paper, fip:feddwp:88039)
• A summary of: \"Do households benefit from financial deregulation and innovation? the case of mortgage market\"
  Proceedings, Federal Reserve Bank of Chicago (2007)
  by Kristopher Gerardi & Harvey S. Rosen & Paul S. Willen
  (ReDIF-paper, fip:fedhpr:1054)
• Summary of \"subprime outcomes: risky mortgages, homeownership experiences, and foreclosures\"
  Proceedings, Federal Reserve Bank of Chicago (2008)
  by Kristopher Gerardi & Adam Hale Shapiro & Paul S. Willen
  (ReDIF-paper, fip:fedhpr:1091)
• Did Subprime Borrowers Drive the Housing Boom?
  Liberty Street Economics, Federal Reserve Bank of New York (2020)
  by James Conklin & W. Scott Frame & Kristopher Gerardi & Haoyang Liu
  (ReDIF-paper, fip:fednls:87518)
• Racial Differences in Mortgage Refinancing, Distress, and Housing Wealth Accumulation during COVID-19
  Consumer Finance Institute discussion papers, Federal Reserve Bank of Philadelphia (2021)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, fip:fedpdp:92824)
• Can Everyone Tap into the Housing Piggy Bank? Racial Disparities in Access to Home Equity
  Working Papers, Federal Reserve Bank of Philadelphia (2023)
  by James Conklin & Kristopher Gerardi & Lauren Lambie-Hanson
  (ReDIF-paper, fip:fedpwp:97266)
• Identifying the Effect of Securitization on Foreclosure and Modification Rates Using Early Payment Defaults
  The Journal of Real Estate Finance and Economics, Springer (2014)
  by Manuel Adelino & Kristopher Gerardi & Paul Willen
  (ReDIF-article, kap:jrefec:v:49:y:2014:i:3:p:352-378)
• Reducing Foreclosures: No Easy Answers
  NBER Chapters, National Bureau of Economic Research, Inc (2010)
  by Christopher Foote & Kristopher Gerardi & Lorenz Goette & Paul Willen
  (ReDIF-chapter, nbr:nberch:11790)
• Do Households Benefit from Financial Deregulation and Innovation? The Case of the Mortgage Market
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Kristopher Gerardi & Harvey S. Rosen & Paul Willen
  (ReDIF-paper, nbr:nberwo:12967)
• Reducing Foreclosures: No Easy Answers
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Christopher Foote & Kristopher Gerardi & Lorenz Goette & Paul Willen
  (ReDIF-paper, nbr:nberwo:15063)
• Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Manuel Adelino & Kristopher Gerardi & Paul S. Willen
  (ReDIF-paper, nbr:nberwo:15159)
• Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Kristopher Gerardi & Lauren Lambie-Hanson & Paul S. Willen
  (ReDIF-paper, nbr:nberwo:17666)
• Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Christopher L. Foote & Kristopher S. Gerardi & Paul S. Willen
  (ReDIF-paper, nbr:nberwo:18082)
• Foreclosure externalities: Some new evidence
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Kristopher Gerardi & Eric Rosenblatt & Paul S. Willen & Vincent Yao
  (ReDIF-paper, nbr:nberwo:18353)
• Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default
  NBER Working Papers, National Bureau of Economic Research, Inc (2015)
  by Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen
  (ReDIF-paper, nbr:nberwo:21630)
• Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Manuel Adelino & Kristopher Gerardi & Barney Hartman-Glaser
  (ReDIF-paper, nbr:nberwo:24180)
• foreclosure, economics of
  The New Palgrave Dictionary of Economics, Palgrave Macmillan (2010)
  by K. Gerardi
  (ReDIF-chapter, pal:dofeco:v:4:year:2010:doi:3830)
• Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures
  2008 Meeting Papers, Society for Economic Dynamics (2008)
  by Paul S. Willen & Adam Hale Shapiro & Kristopher Gerardi
  (ReDIF-paper, red:sed008:345)
• Does Competition Reduce Price Dispersion? New Evidence from the Airline Industry
  Journal of Political Economy, University of Chicago Press (2009)
  by Kristopher S. Gerardi & Adam Hale Shapiro
  (ReDIF-article, ucp:jpolec:v:117:y:2009:i:1:p:1-37)