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…
RR07-11: The paper then reviews local housing policy in three case-study cities in states with different approaches to housing and land use policy: California,…
W04-10: Differences in the supply of housing generate substantial variation in housing prices across the United States. Because housing prices influence migration, the…