“…For discussions of the role of U.S. interest rates in the runup to the crisis, see, among others,Taylor (2008),Dokko et.al. (2009), Glaeser, Gottlieb, and Gyourko (2010), andSa, Towbin, and Wieladek (2011). For analysis of subprime lending and securitization, see, among others,Coval, Jurek, and Stafford (2008),Gerardi, Lehnert, Sherlund, and Willen (2008),Mayer, Pence, and Sherlund (2009),Acharya and Schnabl (2010),Demyanyk and Van Hemert (2009),Kashyap, Rajan, and Stein (2008),and Ashcraft, Goldsmith-Pinkham, and Vickery (2010).…”