W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
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…
W01-13: The elderly population is rapidly expanding while the core tax-paying population is shrinking. The ratio of working Americans to retired Americans will drop from…
