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…
W13-12: This paper examines the practices of investors who purchased 1-3 family residential real estate in Cuyahoga County, Ohio from financial institutions that…
W01-10: The multifamily mortgage market has changed dramatically over the last two decades. The relative importance of the thrifts—once the major source of financing for…