Around 1970, an unprecedented movement emerged across American cities that favored redistributing control of urban government to neighborhoods. While “neighborhoodism,” as…
Around 1970, an unprecedented movement emerged across major American cities calling for returning control of urban government to the neighborhood level. Although…
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…