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…
Parag Pathak, John Campbell, Stefano Giglio
•
May 1, 2009
W09-4: This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to…
Julia Lane, Ned English, Fredrik Andersson, Patrick Park
•
March 1, 2007
RR07-17: U.S. rental housing policy is primarily aimed at relieving the housing cost burdens of a fraction of low-income Americans for as long as they remain income-…