Means-Tested Mortgage Modification: Homes Saved or Income Destroyed?
NBER Working Paper No. 15281
---- Acknowledgements ----
I appreciate comments by Gary Becker, Kevin Murphy, a number of University of Chicago students, and conference participants at the University of Illinois Chicago Campus. I will provide updates on this work on my blog www.panic2008.net. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.