The Impacts of Borrowing Constraints on Home Ownership (with Peter Linneman)   Abstract  
American Real Estate and Urban Economics Association Journal, Winter 1989, Vol 17.4, 389-402

This paper utilizes micro data to directly quantify the impact of mortgage underwriting criteria on individual homeownership propensities. To determine whether a family is constrained by these criteria, the optimal home purchase price is estimated. The results indicate that wealth and income constraints both reduce homeownership propensities, with a stronger impact for wealth constraints. Mortgage market innovations of the early 1980s seem to have reduced these effects. The research indicates, however, that even in well-developed capital markets, the presence of borrowing constraints adversely affects homeownership propensities.

Housing as an Asset in the 1980s and 1990s (with William Shear and John C. Weicher)
Housing Finance Review, Summer 1988, 169-200

Residential Real Estate Brokerage: Rate Uniformity and Moral Hazard
Research in Law and Economics, Vol. 10, April 1987, 189-210

Reading and Public Policy (with Jack M. Guttentag, Salomon Brothers Center for the Study of Financial Institutions)
Monograph Series in Finance and Economics eds. Edwin Elton and Martin J Gruber (New York University Graduate School of Business, 1980), 1-50

Demographic Influences on Economic Stability: The United States Experience (with Richard A. Easterlin and Michael L. Wachter)
Population and Development Review, 1978, Vol. 4, No. 1, 1-22

The Impact of Agricultural Prices on Inflation
Business Economics, Sept 1975, Vol. X, No. 4, 84-88