W01-10: The multifamily mortgage market has changed dramatically over the last two decades. The relative importance of the thrifts—once the major source of financing for…
Recent work has highlighted the significance of incarceration for wealth accrual and black-white gaps in homeownership, but the monetary sanctions and disruptions to…
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…
