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…
This paper estimates the impact of household liquidity provision on macroeconomic stabilization using the 2020 CARES Act mortgage forbearance program. We leverage…
In 2012, the government of Colombia launched a national program to provide 100,000 free housing units to the country’s poorest residents, including some of the more than six…
How are neighborhood communities created when the government provides free housing to a specific population? The paper examines the formation processes of displaced…
Around the world, mayors and other urban officials confront significant obstacles when they try to use investments in social housing to help make their cities more inclusive…
Governing authorities in cities around the world are facing challenges to incentivize compact and more inclusive cities through investments in social housing. This paper…
