I explore the macroeconomic implications of borrowers facing both loan-to-value (LTV) and debt-service-to-income (DTI) limits, using an estimated DSGE model. identify when each constraint dominated over period 1984-2019: LTV constraints dominate in contractions, house prices are relatively low – DTI expansions, interest rates high. also find that standards were relaxed during mid-2000s’ boom, l...

Abstract We consider the problem of covering multiple submodular constraints. Given a finite ground set N , weight function $$w: \rightarrow \mathbb {R}_+$$ w : N → R + r monotone...

Many CSPs can be effectively represented and efficiently solved using matrix models, in which the matrices may have symmetry between their rows and/or columns. Eliminating all such symmetry can be very costly as there are in general exponentially many symmetries. Cost-effective methods have been proposed to break much of the symmetry, if not all. In this paper, we continue with this line of res...

We review research on the ̄uency heuristic as a basis for the subjective experience of familiarity. Then, we explore the links between the construct of ̄uency and the automatic versus consciously controlled memory processes that are estimated using the process dissociation procedure, and the phenomenological experiences studied using ``Remember'' and ``Know'' judgements. Although the ̄uency tha...