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…
W13-2: Investing in single-family homes is not a new business. However, the magnitude of homes flowing through foreclosure and into investor ownership since 2007 in many…
W00-1: Once upon a time the location of towns and cities, at least superficially, seemed to be largely determined by the preferences of kings, princes, bishops, generals…