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…
Chris Herbert, Eric Belsky, Nicholas DuBroff
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December 12, 2012
W12-8: In 2004, Fundacion CIDOC commissioned the Joint Center for Housing Studies to prepare a report assessing The State of Mexico’s Housing, which was a follow up…
There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…