The K@W Network:
William H. Lawrence Professor, Professor of Finance
Wharton finance professor Michael R. Roberts explains the value of shopping for a mortgage and clarifies the trade-offs homebuyers need to weigh when there is no obvious choice.
Wharton finance professor Michael R. Roberts explains why some homeowners should consider investing any extra money they have rather than using it to make additional mortgage payments.
Collateralized loan obligations (CLOs) are increasingly viewed as a major threat to the U.S. financial system. However, “the recent hysteria around CLOs is misplaced,” write Wharton’s Michael R. Roberts and[…]
A new paper co-authored by Wharton’s Michael R. Roberts shows how government borrowing makes it more expensive for corporations to borrow and invest.