Where do the estimates of a “housing shortage” come from?
Where do the estimates of a “housing shortage” come from?
February 2018 한국어 When North Korean state media reported in December 2011 that leader Kim Jong-il had died at the age of 70 of a heart attack from “overwork,” I was a relatively new analyst at the Central Intelligence Agency. Everyone knew that Kim had heart issues—he had suffered a stroke in 2008—and that the day would probably come when his family’s history of heart disease and his smoking, drin
What can the next administration do about the US housing shortage?
Executive Summary Colleges and universities must balance many goals, and research universities in particular aspire to excellence in both teaching and research. University administrators and policymakers alike are interested in ensuring that publicly-supported private and public universities operate at high levels of instructional and scholarly quality, but to date we know little about whether sch
Executive Summary Textbooks are one of the most widely used educational inputs, but remarkably little is known about their effects on student learning. This report uses data collected from elementary schools in California to estimate the impacts of mathematics textbook choices on student achievement. We study four of the most popular books in the state from 2008-2013 and find that one—Houghton Mif
The Fed’s balance sheet has roughly quintupled since the financial crisis, from about $900 billion in 2007 to about $4.5 trillion today. (See here for a useful overview of the main elements of the Fed’s pre-crisis and current balance sheets.) The increase mostly reflects the Fed’s large-scale asset purchases (quantitative easing), which the FOMC employed to reduce longer-term interest rates to hel
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