Urban economic theory suggests that rising levels of traffic congestion will lead to smaller, more compact cities with residents living closer to the central business dis[...]

The first essay focuses on mortgage servicer behavior with regard to delinquent mortgage loans, and the second one concentrates on the impact of spatial mismatch of affor[...]

This dissertation applies a valuation model for residential mortgages subject to exogenouslyspecified conditional probabilities of prepayment and default to data on subpr[...]

In this paper, a reduced-form approach is adopted to price Adjustable Rate Mortgages subject to prepayment and default. The reduced-form approach to valuation facilitates[...]

The dissertation investigates the relevance and efficiency of internal capital markets within insurance groups. Two primary questions are addressed. The first question is[...]

Automobile; insurance; availability is a serious issue for motorists, regulators and the insurance industry. The costs imposed on the system by uninsured motorists are n[...]

This dissertation is comprised of two essays where the unifying theme is the use of hazard models in the study of commercial mortgage-backed securities (CMBS). The first [...]

The dissertation investigates the informativeness of insider trading. Two primary questions are addressed. The first question is, are insider stock transactions informati[...]

I unite several forms of mortgage duration literature. I employ a reduced-form model that is doubly stochastic to estimate the parameters of the embedded hazard model. [...]

My dissertation has two essays on the information value of insurer rating changes. The first essay conducts the event studies of rating changes for public insurers. Using[...]

Statistics gathered by the Pension Benefit Guaranty Corporation indicate there was a great deal of variation in the number of standard defined benefit pension plan termin[...]

My dissertation consists of two essays on corporate governance in the property-liability insurance industry. The first essay examines the differential disciplining force[...]

My dissertation investigates three areas related to insurer loss reserve errors. Property/liability insurers are required to report revisions to their initial estimates o[...]

Vacant urban land exists in major metropolitan areas and begs the question, why has the property never been developed. The purpose of this dissertation is to provide an a[...]

This dissertation focuses on the issue of whether inequality, specifically, gender inequality and racial inequality, exists in mortgage loan pricing. Prior studies on thi[...]

The central and unifying theme of this dissertation is the value of urban land and its effect on investments in durable capital. More specifically, because structures are[...]

In my dissertation, I study risk-taking and risk management of insurance companies, by examining the effects of local religious beliefs on insurers risk-taking behaviors [...]