What is the effect of mortgage debt reductions that reduce payments in the long-term but not in the short-term? In a new paper using data from a recent government…
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…
W13-7: What is the incidence of housing vouchers? In a frictionless, price-taking equilibrium, increased generosity of a narrowly-targeted subsidy causes increases in…
Current increases in the cost of home energy have placed focus on consumer behavior relative to home energy efficiency. For as much attention as the topic receives, its…
W03-4: Across America, the use of the Internet as both a communication medium and a transportation medium is beginning to alter basic perceptions of living. For a…