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…
W14-9: Increasingly recognizing that stable and affordable housing is a necessary but not sufficient condition to lift families out of poverty, organizations in the…
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…