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Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…
Reports

The State of Mexico's Housing 2005

Centro de Investigacion y Documentacion de la Casa (CIDOC), Sociedad Hipotecaria Federal • April 1, 2005

The development of the housing sector is a strategic factor for any nation’s economic and social growth. An efficient and accessible housing market reduces the effect and…