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…
W10-1: The negative impacts of concentrated foreclosures have been destabilizing communities across the country. Community development corporations (CDCs) and other…
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…