What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
W10-2: As housing markets across the country continue to struggle to bounce back from the recent housing crisis, ever-increasing instances of foreclosures remain a…
W01-7: This paper studies the response of the housing market to immigration shocks. I find a positive association between immigrant flows and changes in rents in the…