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…
BABC 04-3: Recently there has been a surge of interest in the market potential for mainstream financial service firms to serve unbanked and marginally banked consumers.…
W02-10: This paper examines the rationale for mixed-income approaches to affordable housing development, as well as the record of such developments in meeting their…