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…
MF10-9: The Community Reinvestment Act (CRA) is in need of a major overhaul. Much about the financial services industry has changed and much has been learned about the…
RR07-9: This paper considers what the appropriate design of government policies towards rental housing subsidies would be in the absence of the long and mixed legacy of…