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…
W04-10: Differences in the supply of housing generate substantial variation in housing prices across the United States. Because housing prices influence migration, the…
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…