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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…
Working Papers

Determinants of the Living Arrangements of the Elderly

Robert Schafer • June 20, 1999

W99-6: The housing choices of the elderly are classified into five types: assisted communities, unassisted 60 plus communities, shared housing, supported housing and…
Working Papers

Housing America's Elderly Population

Robert Schafer • January 15, 1999

W99-4: This paper explores the housing choices of America’s elderly households drawing on data from the recently available Assets and Health Dynamics Among the Oldest-…