2023 Summer Real Estate Symposium
Program Papers
- How Do Labor Shortages Affect Residential Construction and Housing Affordability? – Troup Howard, University of Utah, Mengqi Wang, University of Wisconsin at Madison, and Dayin Zhang, University of Wisconsin at Madison
- Mortgage Lock-In, Mobility, and Labor Reallocation – Julia Fonseca, Gies College of Business, University of Illinois Urbana-Champaign and Lu Liu, The Wharton School, University of Pennsylvania
- Risk Perception and Loan Underwriting in Securitized Commercial Mortgages – Simon Firestone, Gro Intelligence, Nathan Godin, Haas School of Business, University of California, Berkeley, Akos Horvath, Federal Reserve Board of Governors, and Jacob Sagi, Kenan-Flagler Business School, University of North Carolina at Chapel Hill
- The Imitation Game: How Encouraging Renegotiation Makes Good Borrowers Bad – Sean Flynn, Cornell University, Andra Ghent, University of Utah, and Alexei Tchistyi, Cornell University
- The Impact of Cultural Preferences on Homeownership – Caitlin Gorback, McCombs School of Business, University of Texas, at Austin and Gregor Schubert, UCLA Anderson School of Management
- Catering and Return Manipulation in Private Equity – Blake Jackson, University of Florida, David Ling, University of Florida, and Andy Naranjo, University of Florida
- High Temperature, Climate Change, and Real Estate -Li Ma, Zicklin School of Business, Baruch College-CUNY, and Yildiray Yildirim, Zicklin School of Business, Baruch College-CUNY
- Specialization and Performance in Private Equity: Evidence from the Hotel Industry – Christophe Spaenjers, University of Colorado Boulder, and Eva Steiner, The Pennsylvania State University
- Pricing the Upside Potential to Downside Risk – Soon Hyeok Choi, Cornell University, Robert Jarrow, Cornell University, Daniel Lebret, Cornell University, and Crocker Liu, Cornell University
2019 Summer Real Estate Symposium
Program Papers
- How Auctions Amplify House-Price Fluctuations – Alina Arefeva, Wisconsin School of Business, University of Wisconsin-Madison.
- Heterogeneous Real Estate Agents and the Housing Cycle – Sonia Gilbukh, Zicklin School of Business, Baruch College – The City University of New York and Paul Goldsmith-Pinkham, Yale University School of Management.
- Credit Cycles with Market-Based Household Leverage – William Diamond & Tim Landvoigt, Wharton School of the University of Pennsylvania.
- The Limits of Shadow Banks – Greg Buchak, University of Chicago, Gregor Matvos, McCombs School of Business, University of Texas at Austin, Tomasz Piskorski, Columbia Graduate School of Business and Amit Seru, Stanford Graduate School of Business.
- Informational Efficiency in Securitization After Dodd-Frank – Sean J. Flynn Jr., College of Business, Colorado State University, Andra Ghent, Wisconsin School of Business, University of Wisconsin-Madison and Alexei Tchistyi, Gies College of Business, University of Illinois-Urbana-Champaign.
- Consumer-Lending Discrimination in the FinTech Era – Robert Bartlett, School of Law, University Of California, Berkeley, Adair Morse, Richard Stanton and Nancy Wallace, Haas School of Business, University of California, Berkeley.
2018 Summer Real Estate Symposium
Program Papers
- No Job, No Money, No Refi: Frictions to Refinancing in a Recession – Anthony A. DeFusco and John Mondragon, Northwestern University.
- Financial Fragility with SAM? – Daniel L. Greenwald, MIT Sloan, Tim Landvoigt, University of Pennsylvania Wharton School and Stijn Van Nieuwerburgh, New York University Stern School of Business.
- Predictably Unequal? The Effects of Machine Learning on Credit Markets – Andreas Fuster & Paul Goldsmith-Pinkham, Federal Reserve Bank of New York, Tarun Ramadorai, Imperial College and Ansgar Walther, Warwick School of Business.
- The Impact of Risk Retention Regulation on the Underwriting of Securitized Mortgages – Craig Furfine, Kellogg School of Management.
- The Role of Technology in Mortgage Lending – Andreas Fuster, Matthew Plosser, Philipp Schnabl and James Vickery, Federal Reserve Bank of New York.
- What’s Wrong with Pittsburgh? – Andra Ghent, Wisconsin School of Business.
2017 Summer Real Estate Symposium
Program Papers
- Import Competition and Household Debt – Jean-Noel Barrot, MIT, Erik Loualiche, MIT, Matthew Plosser, New York Federal Reserve Bank, and Julien Sauvagnat, Bocconi.
- Do Financial Constraints Cool a Housing Boom? – Lu Han, University of Toronto, Chandler Lutz, Copenhagen Business School, Benjamin Sand, York University, and Derek Stacey, Ryerson University.
- Speculative Dynamics of Prices and Volume – Anthony DeFusco, Northwestern University, Charles Nathanson, Northwestern University, and Eric Zwick, University of Chicago.
- Out-of-Town Buyers and City Welfare – Jack Favilukis, University of British Columbia and Stijn Van Nieuwerburgh, New York University.
- Regulating Household Leverage – Anthony DeFusco, Northwestern University, Stephanie Johnson, Northwestern University, and John Mondragon, Northwestern University.
- An Equilibrium Model of Housing and Mortgage Markets with State-Contingent Lending Contracts – Alexei Tchistyi, University of Illinois and Tomasz Piskorski, Columbia University.
2016 Summer Real Estate Symposium
Program Papers
- Conflicts of Interest and the Realtor Commission Puzzle – Panle J. Barwick, Cornell University, Parag A. Pathak, MIT, Maisy Wong, Wharton.
- Affordability, Financial Innovation, and the Start of the Housing Boom – Jane K. Dokko, Brookings Institution, Benjamin Keys, Columbia, Lindsay Relihan, Wharton.
- Unconventional Monetary Policy and the Allocation of Credit – Marco Di Maggio, Columbia, Amir Kermani, UC Berkeley, Christopher Palmer, UC Berkeley.
- Mortgage Underwriting Standards in the Wake of Quantitative Easing – Barney Hartman-Glaser, UCLA, Richard Stanton, UC Berkeley, and Nancy Wallace, UC Berkeley.
- Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Stocks and Flows – Christopher Foote, Boston Federal Reserve Bank, Lara Loewenstein, Boston Federal Reserve Bank, Paul Willen, Boston Federal Reserve Bank.
- Portfolio Choice with House Value Misperception – Stefano Corradin, European Central Bank, Jose L. Fillat, Federal Reserve Bank of Boston, and Carles Vergara, IESE.
2015 Summer Real Estate Symposium
Program Papers
- Deregulation, Competition and the Race to the Bottom – Marco Di Maggio, Columbia University, Amir Kermani, and Sanket Korgaonkar, UC Berkeley.
- CMBS and Conflicts of Interest: Evidence from a Natural Experiment on Servicer Ownership – Maisy Wong, University of Pennsylvania.
- Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls – Anthony DeFusco, Wharton.
- An Extrapolative Model of House Price Dynamics – Edward Glaeser, Harvard and Charles Nathanson, Northwestern.
- Asset Level Risk and Return in Real Estate Investments – Jacob Sagi, UNC-Chapel Hill.
- Swimming Upstream: Struggling Firms in Corrupt Cities – Christopher Parsons, USC, Johan Sulaeman, National University of Singapore, and Sheridan Titman, UT-Austin.
2014 Summer Real Estate Symposium
Program Papers
- Credit Induced Boom and Bust – Marco Di Maggio, Columbia University and Amir Kermani, UC Berkeley.
- Boom and Gloom – Renata Kosova, Imperial College, Praveen Kumar and Paul Povel, University of Houston and Giorgio Sertsios, Universidad de los Andes.
- How Organizational Hierarchy Affects Information Production – Janis Skrastins and Vikrant Vig, London Business School.
- When Low Standards are a Winning Strategy: How Credit Rating Agencies Compete – Sean Flynn and Andra Ghent, Arizona State University.
- The Effect of Mortgage Securitization on Foreclosure and Modification – Samuel Kruger, Harvard.
- Arrested Development: Theory and Evidence of Supply-side Speculation in the Housing Market – Charles Nathanson and Eric Zwick, Harvard.
2013 Summer Real Estate Symposium
Program Papers
- Knowing your Neighborhood: Asymmetric Information in Real Estate Markets – Pablo Kurlat, Stanford and Johannes Stroebel, University of Chicago.
- Fear and Loathing in the Housing Market: Evidence from Search Query Data – Marcell Chauvet, UC Riverside), Stuart Gabriel, UC Los Angeles and Chandler Lutz, Copenhagen Business School.
- In-House Transactions in the Real Estate Brokerage Market: Matching Outcome or Strategic Promotion? – Lu Han, University of Toronto and Seung-Hyun Hong, University of Illinois.
- Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market – Tomasz Piskorski, Columbia University, Amit Seru, University of Chicago and NBER, and James Witkin, Columbia University.
- The Attractions and Perils of Flexible Mortgage Lending – Mark J. Garmaise, UC Los Angeles.
- Unemployment Insurance and Consumer Credit – Joanne W. Hsu, Federal Reserve Board of Governors, David A. Matsa and Brian T. Melzer, Northwestern University.