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Can Mortgage Forbearance Help Stabilize the Economy?

Sean Lee • November 21, 2023

Is allowing borrowers to suspend mortgage payments an effective way to stabilize the economy during a recession? In a new working paper, Omeed Maghzian and I attempt to…
Working Papers

Renters’ Responses to Financial Stress During the Pandemic

Whitney Airgood-Obrycki, Ben Demers, Solomon Greene, Chris Herbert, Alexander Hermann, David Luberoff, Sophia Wedeen • April 8, 2021

The COVID pandemic has had a particularly large impact on the financial well-being of renters in the US, and over the past year millions have struggled to pay rent. While…