datasets. In response, this paper examines an important research question involving race, segregation, and housing in the …

This paper investigates the differential impact of monetary policy on homeownership and housing returns among Black …, Hispanic and White households. Using data on 13 million repeat sales from 1993 to 2020, we construct and analyze race …-specific entries and exits of homeownership and housing returns for 140 metropolitan areas in the United States. Our findings reveal …

structural factors. Yet, structural factors, like the legacy of slavery, may be key to understanding how race and family …

Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in … which housing price changes work as a "wealth effect". In such models, windfall gains in housing always lead to positive … changes in consumption. However, this might be a fallacy of composition. Such models ignore that changes in housing wealth …

Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in … which housing price changes work as a "wealth effect". In such models, windfall gains in housing always lead to positive … changes in consumption. However, this might constitute a fallacy of composition. Such models ignore that changes in housing …