Search Results - "Molloy, Raven"

JUE insight: Differences in rent growth by income from 1985 to 2021 and implications for inflation by Molloy, Raven

“…Shelter is a large share of household expenditures and therefore has a large weight in inflation measurement. Because rich and poor households tend to make…”
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The effect of housing supply regulation on housing affordability: A review by Molloy, Raven

“…•Housing supply regulations raise average house prices and rents.•Effects on housing affordability are not well understood.•We need further research on the…”
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Long-term vacant housing in the United States by Molloy, Raven

“…Long-term vacancy—defined as nonseasonal housing units that have been vacant for an unusually long period of time—is a useful measure of excess supply in the…”
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Internal migration in the United States by Molloy, Raven, Smith, Christopher L, Wozniak, Abigail

“…"This paper examines the history of internal migration in the United States since the 1980s. By most measures, internal migration in the United States is at a…”
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Job Changing and the Decline in Long-Distance Migration in the United States by Molloy, Raven, Smith, Christopher L., Wozniak, Abigail

“…Interstate migration in the United States has decreased steadily since the 1980s, but little is known about the causes of this decline. We show that declining…”
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THE EFFECT OF GASOLINE PRICES ON HOUSEHOLD LOCATION by Molloy, Raven, Shan, Hui

“…By raising commuting costs, an increase in gasoline prices should reduce the demand for housing in areas far from employment centers relative to locations…”
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Understanding Declining Fluidity in the U.S. Labor Market by MOLLOY, RAVEN, SMITH, CHRISTOPHER L., TREZZI, RICCARDO, WOZNIAK, ABIGAIL

“…In this paper, we first document a clear, downward trend in labor market fluidity that is common across a variety of measures of worker and job turnover. This…”
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The Postforeclosure Experience of U.S. Households by Molloy, Raven, Shan, Hui

“…Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers’ households after their mortgages have been…”
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The housing crisis and state and local government tax revenue: Five channels by Lutz, Byron, Molloy, Raven, Shan, Hui

“…State and local government tax revenues dropped steeply following the most severe housing market contraction since the Great Depression. We identify five main…”
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Does tax policy affect executive compensation? Evidence from postwar tax reforms by Frydman, Carola, Molloy, Raven S.

“…The trends in executive pay and labor income tax rates since the 1940s suggest a high elasticity of taxable income with respect to tax policy. By contrast, the…”
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Pay Cuts for the Boss: Executive Compensation in the 1940s by FRYDMAN, CAROLA, MOLLOY, RAVEN

“…Executive pay fell during the 1940s, marking the last notable decrease in the past 70 years. We study this decline using a new panel data set on the…”
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Discussion of “Homeownership segregation” by Molloy, Raven

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Large‐Scale Buy‐to‐Rent Investors in the Single‐Family Housing Market: The Emergence of a New Asset Class by Mills, James, Molloy, Raven, Zarutskie, Rebecca

“…In 2012, several large firms began purchasing single‐family homes, creating large portfolios of rental property, and securitizing these investments in capital…”
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Migration and Housing special issue: Introduction from Editors Kyle Mangum and Raven Molloy by Mangum, Kyle, Molloy, Raven

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Housing supply and affordability: Evidence from rents, housing consumption and household location by Molloy, Raven, Nathanson, Charles G., Paciorek, Andrew

“…We examine the effects of housing supply constraints on housing affordability, which we measure directly using quality-adjusted rent as well as indirectly…”
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Measuring mortgage credit availability: A frontier estimation approach by Anenberg, Elliot, Hizmo, Aurel, Kung, Edward, Molloy, Raven

“…Summary We construct a new measure of mortgage credit availability using a technique developed for production frontier estimation. The resulting “loan…”
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Measuring aggregate housing wealth: New insights from machine learning by Gallin, Joshua, Molloy, Raven, Nielsen, Eric, Smith, Paul, Sommer, Kamila

“…•We combine house values derived from machine learning with Census housing counts to calculate aggregate housing wealth.•Our new measure is based on a much…”
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