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…
Zhu Xiao Di, Ruby Henry, Eric Belsky, George Masnick
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July 1, 2005
W05-5: Minority growth in population and households, both in absolute numbers and relative share, has been one of the nation’s most important demographic changes over…
At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…