Industrial Organization of Housing Markets
Organized by Sophie Calder-Wang, Rebecca Diamond, Shoshana Vasserman, and Winnie van Dijk
December 12, 2025
SIEPR, Stanford University, Koret-Taube Conference Center, 366 Galvez Street, Stanford, CA
Format: 30 minutes for speakers, 10 minutes for discussants, and 10 minutes for Q&A
Friday, December 12
8:00 am
Continental Breakfast
8:30 am
Edward L. Glaeser, Harvard University and NBER
8:50 am

Differential Returns to Securitization: Evidence and Impact

Jonathan E. Becker, University of Wisconsin - Madison
Robert Clark, Queen's University
Kenneth Hendricks, University of Wisconsin - Madison and NBER
Jean-François Houde, University of Wisconsin - Madison and NBER

Discussant:
Paul S. Willen, Federal Reserve Bank of Boston and NBER
9:45 am

The Roles of Borrower Private Information and Mortgage Relief Design in Foreclosure Prevention

Lauri Kytomaa, Cornell University

Discussant:
Timothy McQuade, University of California, Berkeley and NBER
10:35 am
Break
10:55 am

Segmentation and Returns on Rental Housing

Jessie Handbury, University of Pennsylvania and NBER
Samuel K. Hughes, Federal Reserve Board
Benjamin J. Keys, University of Pennsylvania and NBER

Discussant:
Scott T. Nelson, University of Chicago
11:50 am

Segregation by Choice? Separating Preferences from Restrictions in Housing Markets

Milena Almagro, University of Chicago and NBER
Aradhya Sood, University of Toronto

Discussant:
Daniel C. Waldinger, New York University and NBER
12:40 pm
Lunch
1:40 pm

The Insurance Protection Gap

Parinitha R. Sastry, University of Pennsylvania
Therese C. Scharlemann, Federal Reserve Board of Governors
Ishita Sen, Harvard University
Ana-Maria Tenekedjieva, Arizona State University

Discussant:
Neale Mahoney, Stanford University and NBER
2:35 pm

Coverage Neglect in Homeowners Insurance

J. Anthony Cookson, University of Colorado Boulder
Emily Gallagher, University of Colorado Boulder
Philip Mulder, University of Wisconsin - Madison

Discussant:
Benjamin R. Handel, University of California, Berkeley and NBER
3:25 pm
Break
3:55 pm

The Equilibrium Effects of Regulating Junk Fees: Evidence from the Rental Brokerage Market

Jan David Bakker, Bocconi University
Nikhil Datta, University of Warwick

Discussant:
Lu Han, University of Wisconsin - Madison
4:45 pm
Adjourn
6:00 pm
Group Dinner - Location TBA