The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
UCC08-2: In The End of Poverty, Jeffrey Sachs describes the poor as “… ready to act, both individually and collectively … hard working … [and having] a very…
Ellen Seidman, Jennifer Tescher
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February 4, 2004
BABC 04-4: The paper argues that five factors have contributed to narrowing the gap between supply and demand: technological advances that lower costs and expand…
This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…