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What To Do about Fannie and Freddie?

Author

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  • Glaeser Edward L
  • Jaffee Dwight M

Abstract

Edward Glaeser and Dwight Jaffee argue that Freddie Mac and Fannie Mae are actively pursuing great risk at taxpayer expense and private profit: the cure is a tax on their $1.5 trillion in borrowing that could yield as much as $6 billion a year.

Suggested Citation

  • Glaeser Edward L & Jaffee Dwight M, 2006. "What To Do about Fannie and Freddie?," The Economists' Voice, De Gruyter, vol. 3(7), pages 1-5, September.
    • Handle: RePEc:bpj:evoice:v:3:y:2006:i:7:n:5
    DOI: 10.2202/1553-3832.1221
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    Cited by:

    1. Dwight Jaffee & John M. Quigley, 2012. "The Future of the Government-Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market," NBER Chapters, in: Housing and the Financial Crisis, pages 361-417, National Bureau of Economic Research, Inc.
    2. Gabriel, Stuart A. & Rosenthal, Stuart S., 2010. "Do the GSEs expand the supply of mortgage credit? New evidence of crowd out in the secondary mortgage market," Journal of Public Economics, Elsevier, vol. 94(11-12), pages 975-986, December.

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