根据CARES法案减少战略宽容:利用诉讼证明的实验方法
Jackson T Anderson1, David M Harrison2, Michael J Seiler3
1Claremont McKenna College, Claremont, CA 91711 USA.
概括
"CARES法案"允许在没有影响证明的情况下暂停抵押贷款支付. 要求简单的证明可以通过减少战略宽容和更好地定位援助来节省数十亿美元.
科学领域:
- 经济学 经济学 经济学
- 公共政策 公共政策
- 金融市场 金融市场
背景情况:
- 冠状病毒援助,救济和经济安全 (CARES) 法案旨在减轻COVID-19大流行造成的经济后果.
- 该法案允许抵押贷款借款人在没有严格证明收入中断的情况下暂停支付.
- 这一政策为抵押贷款宽恕的合法需求和战略滥用创造了潜力.
研究的目的:
- 根据CARES法案调查战略抵押贷款宽恕的发生情况.
- 确定借款人如何利用过期抵押贷款支付.
- 为更有效的经济救援分配提出政策修改建议.
主要方法:
- 一个实验设计被用来区分真正的和战略的宽容.
- 分析的重点是量化借款人的付款行为对经济的影响.
- 该研究检查了抵押贷款支付停止的资金的支出模式.
主要成果:
- 通过简单的证明要求和贷款人的诉讼,可以大幅减少战略抵押贷款宽恕.
- 实施这一政策变化可以为纳税人节省数十亿美元的潜在损失.
- 预期资金用于各种目的,包括储蓄,必需品,投资和债务整合.
结论:
- 政策调整,例如要求单页证明,可以显著减少机会性使用抵押贷款宽容计划.
- 有针对性的干预对于最大限度地提高经济救援措施的有效性至关重要.
- 了解外汇资金是如何花费的,可以让我们了解危机期间借款人的金融策略.
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