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…
MF10-13: Because of the severity of the current economic recession, the near-collapse of the United State’s financial system in the fall of 2008, and the central role…
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…