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…
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…
James Hammitt, Eric Belsky, Jonathan Levy, John Graham
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March 1, 1999
W99-1: Residential building codes intended to promote health and safety may produce unintended countervailing risks by adding to the cost of construction. Higher…
