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…
Frederick Abernathy, Kermit Baker, Kent Colton, David Weil
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January 5, 2011
Bigger Isn’t Necessarily Better examines the performance and operation of the US homebuilding sector based on a detailed survey of large home builders conducted by the…
Frederick Abernathy, John Dunlop, David Weil, William Apgar, Kermit Baker, Rachel Roth
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February 28, 2004
W04-3: The past several years have seen dramatic changes in the distribution of residential building products, particularly as it relates to dealers serving homebuilders…