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…
Michael Barr, Sendhil Mullainathan, Eldar Shafir
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April 1, 2008
UCC08-12: Choosing a mortgage is one of the biggest financial decisions an American consumer will make. Yet it can be a complicated one, especially in today’s…
RR07-12: The strengths and weaknesses of nonprofit organizations in developing and owning subsidized rental housing are examined. In the course of this study, a number…
Alexander von Hoffman, Eric Belsky, James DeNormandie, Rachel G. Bratt
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June 1, 2004
W04-5: This paper was prepared to provide background information for a conference sponsored by the Neighborhood Reinvestment Corporation entitled The Vitality of America…
W02-8: In October 1996, at nearly the mid-point of President Bill Clinton’s term in office, a lead article in The New York Times Magazine heralded: “The Year That…