{"id":"https://openalex.org/W2041891985","doi":"https://doi.org/10.1002/fut.3990150506","title":"The failure of the mortgage\u2010backed futures contract","display_name":"The failure of the mortgage\u2010backed futures contract","publication_year":1995,"publication_date":"1995-08-01","ids":{"openalex":"https://openalex.org/W2041891985","doi":"https://doi.org/10.1002/fut.3990150506","mag":"2041891985"},"language":"en","primary_location":{"id":"doi:10.1002/fut.3990150506","doi":"https://doi.org/10.1002/fut.3990150506","is_oa":false,"landing_page_url":"https://doi.org/10.1002/fut.3990150506","pdf_url":null,"source":{"id":"https://openalex.org/S136612413","display_name":"Journal of Futures Markets","issn_l":"0270-7314","issn":["0270-7314","1096-9934"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-2","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Futures Markets","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5066324027","display_name":"Frank E. Nothaft","orcid":"https://orcid.org/0000-0002-0259-0564","observed_orcids":["https://orcid.org/0000-0002-0259-0564"]},"institutions":[{"id":"https://openalex.org/I27103197","display_name":"Freddie Mac (United States)","ror":"https://ror.org/02ga7kh69","country_code":"US","type":"company","lineage":["https://openalex.org/I27103197"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Frank E. Nothaft","raw_affiliation_strings":["Frank E. Nothaft is the Director, Economic Operations & Analysis at the Federal Home Mortgage Corporation"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Frank E. Nothaft is the Director, Economic Operations & Analysis at the Federal Home Mortgage Corporation","institution_ids":["https://openalex.org/I27103197"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5084079333","display_name":"Vassilis Lekkas","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I27103197","display_name":"Freddie Mac (United States)","ror":"https://ror.org/02ga7kh69","country_code":"US","type":"company","lineage":["https://openalex.org/I27103197"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Vassilis Lekkas","raw_affiliation_strings":["Vassilis Lekkas is a Senior Economist at the Federal Home Loan Mortgage Corporation"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Vassilis Lekkas is a Senior Economist at the Federal Home Loan Mortgage Corporation","institution_ids":["https://openalex.org/I27103197"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112356888","display_name":"George H. K. Wang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1290158734","display_name":"Commodity Futures Trading Commission","ror":"https://ror.org/050m8a892","country_code":"US","type":"government","lineage":["https://openalex.org/I1290158734"]},{"id":"https://openalex.org/I162714631","display_name":"George Mason University","ror":"https://ror.org/02jqj7156","country_code":"US","type":"education","lineage":["https://openalex.org/I162714631"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"George H. K. Wang","raw_affiliation_strings":["George H. K. Wang is a Senior Financial Economist at the Commodity Futures Trading Commission and on the adjunct faculty of the School of Business Administration at George Mason University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"George H. K. Wang is a Senior Financial Economist at the Commodity Futures Trading Commission and on the adjunct faculty of the School of Business Administration at George Mason University","institution_ids":["https://openalex.org/I1290158734","https://openalex.org/I162714631"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3240,"currency":"USD","value_usd":3240},"apc_paid":null,"fwci":3.3144,"has_fulltext":false,"cited_by_count":25,"citation_normalized_percentile":{"value":0.92383479,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"15","issue":"5","first_page":"585","last_page":"603"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.5410000085830688,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.5410000085830688,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.09809999912977219,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.08370000123977661,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/futures-contract-design","display_name":"futures contract design","score":0.7699999809265137},{"id":"https://openalex.org/keywords/mortgage-backed-securities","display_name":"mortgage-backed securities","score":0.7839999794960022}],"concepts":[{"id":"https://openalex.org/C67101536","wikidata":"https://www.wikidata.org/wiki/Q5535910","display_name":"George (robot)","level":2,"score":0.742154598236084},{"id":"https://openalex.org/C2778348171","wikidata":"https://www.wikidata.org/wiki/Q167037","display_name":"Corporation","level":2,"score":0.6796209216117859},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.6153454184532166},{"id":"https://openalex.org/C2776034101","wikidata":"https://www.wikidata.org/wiki/Q1509347","display_name":"Commission","level":2,"score":0.47842246294021606},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.4594927430152893},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4105435013771057},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.39677372574806213},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.33558768033981323},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.12964937090873718},{"id":"https://openalex.org/C52119013","wikidata":"https://www.wikidata.org/wiki/Q50637","display_name":"Art history","level":1,"score":0.09162327647209167}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1002/fut.3990150506","doi":"https://doi.org/10.1002/fut.3990150506","is_oa":false,"landing_page_url":"https://doi.org/10.1002/fut.3990150506","pdf_url":null,"source":{"id":"https://openalex.org/S136612413","display_name":"Journal of Futures Markets","issn_l":"0270-7314","issn":["0270-7314","1096-9934"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-2","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Futures Markets","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1526014265","https://openalex.org/W1972791485","https://openalex.org/W1984421544","https://openalex.org/W1989270035","https://openalex.org/W2017950745","https://openalex.org/W2022285662","https://openalex.org/W2035416181","https://openalex.org/W2046782869","https://openalex.org/W2060731751","https://openalex.org/W2079669227","https://openalex.org/W2120357931","https://openalex.org/W2142080386","https://openalex.org/W2158120228","https://openalex.org/W2176007373","https://openalex.org/W3134218764","https://openalex.org/W4238693110"],"related_works":["https://openalex.org/W2021527655","https://openalex.org/W1526014265","https://openalex.org/W4290664934","https://openalex.org/W2015391462","https://openalex.org/W2045743902","https://openalex.org/W1966366456","https://openalex.org/W2067517155","https://openalex.org/W2077987683","https://openalex.org/W1989270035","https://openalex.org/W2046230926"],"abstract_inverted_index":null,"counts_by_year":[{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-31T12:09:11.096373","created_date":"2016-06-24T00:00:00"}
