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…
Alexander von Hoffman, John Felknew
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January 5, 2002
W02-1: Over the last three decades the phenomenon known as urban or suburban sprawl has become the subject of enormous controversy. Critics have condemned unwanted urban…
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…