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Working Papers

How Do Foreclosures Exacerbate Housing Downturns?

Adam Guren, Tim McQuade • October 26, 2013

W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
Working Papers

Where Does it Go? Spending by the Financially Constrained

Shawn Cole, John Thompson, Peter Tufano • February 1, 2008

UCC08-3: In this paper, we analyze the spending decisions of over 1.5 million Americans who vary in their degree of revealed credit constraints. Specifically, we analyze…
Working Papers

The Fall (and Rise) of Public Housing

Paul Grogan, Tony Proscio • September 1, 2000

W00-7: The authors argue in this paper that the reengineering of failed inner city public housing projects that is underway is one of the most important and positive…