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Paul Willen

Biographic Data

ID5849950
NAMEPaul Willen
GIVEN NAMESPaul
FAMILY NAMEWillen
SIGNATUREWILLEN P
AFFILIATIONSFederal Reserve Bank of Boston
VERIFIEDNo
TOTAL WORKS9
TOTAL CITATIONS40
WORKS AS AUTHOR9
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2006
LATEST PUBLICATION YEAR2026
H-INDEX3
  • JUE Insight

    Open Access•Christopher L Foote, Lara Loewenstein et al.•ARTICLE•Journal of Urban Economics•2026

  • Full Journal

    J R W Miles, M Wei et al.•ARTICLE•Humboldt Journal of Social…•2022

    The theme of Issue 34 of the Humboldt Journal of Social Relations is Social Justice Action, Teaching, and Research. The first article of this issue, "The Art of Social Justice," features the works of a slam poet, Vanessa Pike-Vrtiak, an activist artist, Eduardo Valadez, and an overview of the social science literature capturing the role of art in social justice movements. The two artists featured are both active in their communities and worldwide…

  • Evaluating the Benefits of a Streamlined Refinance Program

    Kristopher Gerardi, Lara Loewenstein et al.•ARTICLE•Housing Policy Debate•2021

    Mortgage borrowers who have experienced employment disruptions as a result of the COVID-19 pandemic are unable to refinance their loans to take advantage of historically low market rates. In this article, we analyze the effects of a streamlined refinance program for government-insured loans that would allow borrowers to refinance without needing to document employment or income. In addition, we consider a cash-out component that would allow borro…

  • Foreclosure externalities

    Open Access•Kristopher Gerardi, Eric Rosenblatt et al.•ARTICLE•Journal of Urban Economics•2015•Cited by: 12•References: 23

  • Do borrower rights improve borrower outcomes? Evidence from the foreclosure process

    Open Access•Kristopher Gerardi, Lauren Lambie-Hanson et al.•ARTICLE•Journal of Urban Economics•2013•Cited by: 5•References: 9

  • Understanding the foreclosure crisis

    Open Access•Kristopher Gerardi, Stephen L Ro et al.•ARTICLE•Journal of Policy Analysis and…•2011•Cited by: 1

  • Decoding misperceptions

    Open Access•Kristopher Gerardi, Stephen L Ro et al.•ARTICLE•Journal of Policy Analysis and…•2011

  • Negative equity and foreclosure

    Open Access•Christopher L Foote, Kristopher Gerardi et al.•ARTICLE•Journal of Urban Economics•2008•Cited by: 22•References: 9

  • Borrowing Costs and the Demand for Equity over the Life Cycle

    Steven J Davis, Felix Kubler et al.•ARTICLE•The Review of Economics and…•2006

    We construct a life cycle model that delivers realistic behavior for both equity holdings and borrowing. The key model ingredient is a wedge between the cost of borrowing and the risk-free investment return. Borrowing can either raise or lower equity demand, depending on the cost of borrowing. A borrowing rate equal to the expected return on equity—which we show roughly matches the data—minimizes the demand for equity. Alternative models with no …

  • Negative equity and foreclosure

    Open Access•Christopher L Foote, Kristopher Gerardi et al.•ARTICLE•Journal of Urban Economics•2008•Cited by: 22•References: 9

  • Foreclosure externalities

    Open Access•Kristopher Gerardi, Eric Rosenblatt et al.•ARTICLE•Journal of Urban Economics•2015•Cited by: 12•References: 23

  • Do borrower rights improve borrower outcomes? Evidence from the foreclosure process

    Open Access•Kristopher Gerardi, Lauren Lambie-Hanson et al.•ARTICLE•Journal of Urban Economics•2013•Cited by: 5•References: 9

  • Understanding the foreclosure crisis

    Open Access•Kristopher Gerardi, Stephen L Ro et al.•ARTICLE•Journal of Policy Analysis and…•2011•Cited by: 1

  • Borrowing Costs and the Demand for Equity over the Life Cycle

    Steven J Davis, Felix Kubler et al.•ARTICLE•The Review of Economics and…•2006

    We construct a life cycle model that delivers realistic behavior for both equity holdings and borrowing. The key model ingredient is a wedge between the cost of borrowing and the risk-free investment return. Borrowing can either raise or lower equity demand, depending on the cost of borrowing. A borrowing rate equal to the expected return on equity—which we show roughly matches the data—minimizes the demand for equity. Alternative models with no …

  • Negative equity and foreclosure

    Open Access•Christopher L Foote, Kristopher Gerardi et al.•ARTICLE•Journal of Urban Economics•2008•Cited by: 22•References: 9

  • Understanding the foreclosure crisis

    Open Access•Kristopher Gerardi, Stephen L Ro et al.•ARTICLE•Journal of Policy Analysis and…•2011•Cited by: 1

  • Decoding misperceptions

    Open Access•Kristopher Gerardi, Stephen L Ro et al.•ARTICLE•Journal of Policy Analysis and…•2011

  • Do borrower rights improve borrower outcomes? Evidence from the foreclosure process

    Open Access•Kristopher Gerardi, Lauren Lambie-Hanson et al.•ARTICLE•Journal of Urban Economics•2013•Cited by: 5•References: 9

  • Foreclosure externalities

    Open Access•Kristopher Gerardi, Eric Rosenblatt et al.•ARTICLE•Journal of Urban Economics•2015•Cited by: 12•References: 23

  • Evaluating the Benefits of a Streamlined Refinance Program

    Kristopher Gerardi, Lara Loewenstein et al.•ARTICLE•Housing Policy Debate•2021

    Mortgage borrowers who have experienced employment disruptions as a result of the COVID-19 pandemic are unable to refinance their loans to take advantage of historically low market rates. In this article, we analyze the effects of a streamlined refinance program for government-insured loans that would allow borrowers to refinance without needing to document employment or income. In addition, we consider a cash-out component that would allow borro…

  • Full Journal

    J R W Miles, M Wei et al.•ARTICLE•Humboldt Journal of Social…•2022

    The theme of Issue 34 of the Humboldt Journal of Social Relations is Social Justice Action, Teaching, and Research. The first article of this issue, "The Art of Social Justice," features the works of a slam poet, Vanessa Pike-Vrtiak, an activist artist, Eduardo Valadez, and an overview of the social science literature capturing the role of art in social justice movements. The two artists featured are both active in their communities and worldwide…

  • JUE Insight

    Open Access•Christopher L Foote, Lara Loewenstein et al.•ARTICLE•Journal of Urban Economics•2026

Economics (7 works) · Housing Market and Economics (7 works) · Financial Literacy, Pension, Retirement Analysis (6 works) · Housing, Finance, and Neoliberalism (5 works) · Finance (4 works) · Foreclosure (4 works) · Political science (4 works) · Actuarial science (3 works) · Business (3 works) · Finance (3 works)

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