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Todays is : Thursday, 02 September 2010
| Til Mortgage Do Us Part: The Science |
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| Written by NSF | |
| Sunday, 26 July 2009 | |
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Washington, DC - On July 29, the National Science Foundation will examine the human dimensions of the nation's mortgage crisis in a virtual press briefing. One year after passage of the Housing and Economic Recovery Act of 2008 that authorizes $300 billion in new 30-year fixed rate mortgages for subprime borrowers, top economists answer media questions about how the psychology and neurobiology of individual investors affects the housing market.Yale University economist Robert Shiller, who predicted the housing market crash in 2006, will answer questions along with Caltech economist Colin Camerer, one of the founders of a new field called neuroeconomics that studies brain scans to understand economic decision making, and economist Nancy Lutz, program director for economics at NSF. |
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