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…
Adam Levitin, Janneke Ratcliffe
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November 12, 2013
HBTL-12: If the housing crisis has had a silver lining, it is the opportunity to rethink our housing finance policy. The US housing finance system and its regulation…