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…
UCC08-11: Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is…
Alexander von Hoffman, Eric Belsky, Kwan Lee
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March 1, 2006
W06-1: This paper reviews the ways in which housing markets shape initial neighborhood conditions and drive changes in these conditions over time. In addition, it…