This paper empirically and theoretically analyzes the effect of debt reductions that reduce long-term but not short-term obligations. Isolating the effect of future…
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…
W06-4: Metropolitan Boston, one of the nation’s largest urban areas, is in the midst of sweeping transformations. It is growing slowly in population but is sprawling…