Rapidly rising homelessness in the 1980s shocked Americans and led to a flurry of studies, a deluge of news stories, and to Public Law 100-77, the Stewart B. McKinney Homeless Assistance Act of July 1987. The McKinney Act marked the entrance of the federal government into homelessness policy,...

It is generally believed that the increased incidence of homelessness in the United States has arisen from broad societal factors, such as changes in the institutionalization of the mentally ill, increases in drug addiction and alcohol usage, and so forth. This paper presents a comprehensive...

In this paper, we use a general equilibrium simulation model to assess the potential impacts on homelessness of various housing-market policy interventions. We calibrate the model to the four largest metropolitan areas in California. We explore the welfare con- sequences and the effects on...

It is generally believed that the increased incidence of homelessness in the United States has arisen from broad societal factors, such as changes in the institutionalization of the mentally ill, increases in drug addiction and alcohol usage, and so forth. This paper presents a comprehensive...