The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
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…
Nancy McArdle, Amy Davidson, Denise Hines
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July 30, 1999
W99-5: During the 1990s, U.S. population and employment have grown most quickly at the lower density fringes of metropolitan areas and in certain non-metropolitan…