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…
Daniel McCue, Eric Belsky, Melissa Jacoby, Margaret Nipson
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April 5, 2010
Homeowners have long sought debt relief in the federal bankruptcy courts, but they take different paths to reach that point. For some, home mortgage problems are a…
RR07-8: Nearly one-fifth of the rental housing stock is in smaller, multifamily apartment buildings with between 5 and 49 units. Even though relatively large shares of…