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…
RR07-10: In recent years, housing has all but disappeared from national-level debate except for occasional discussions of a possible housing “bubble” and the all-too-…
RR07-6: For many years, policymakers have agreed that low-income, working-age people who receive government rent subsidies ought to strive for self-sufficiency and that…