Wednesday, July 24
7:50 am
Coffee and Pastries
8:20 am

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy

David W. Berger, Duke University and NBER
Konstantin Milbradt, Northwestern University and NBER
Fabrice Tourre, Baruch College
Joseph S. Vavra, University of Chicago and NBER

Discussant:
Benjamin J. Keys, University of Pennsylvania and NBER
9:10 am

Do Credit Conditions Move House Prices?

Daniel Greenwald, New York University and NBER
Adam Guren, Boston University and NBER

Discussant:
Tim Landvoigt, University of Pennsylvania and NBER
10:00 am
Break
10:20 am

Paying Too Much? Price Dispersion in the US Mortgage Market

Neil Bhutta, Federal Reserve Board of Governors
Andreas Fuster, EPFL and Swiss Finance Institute
Aurel Hizmo, Federal Reserve Board of Governors

Discussant:
Gregor Matvos, Northwestern University and NBER
11:10 am

Consumer-Lending Discrimination in the FinTech Era

Robert P. Bartlett III, Stanford University
Adair Morse, University of California, Berkeley and NBER
Richard Stanton, University of California at Berkeley
Nancy Wallace, University of California, Berkeley

Discussant:
Anthony A. DeFusco, University of Wisconsin - Madison and NBER
12:00 pm
Lunch
1:20 pm

What's Wrong with Pittsburgh? Delegated Investors and Liquidity Concentration (slides)

Andra C. Ghent, University of Utah

Discussant:
Barney Hartman-Glaser, University of California at Los Angeles
2:10 pm

The Effect of Foreclosures on Homeowners, Tenants, and Landlords

Rebecca Diamond, Stanford University and NBER
Adam Guren, Boston University and NBER
Rose Tan, Stanford University

Discussant:
Raven Molloy, Federal Reserve Board of Governors
3:00 pm
Break
3:20 pm

Market Frictions, Arbitrage, and the Capitalization of Amenities

Amine Ouazad, HEC Montreal
Romain Rancière, University of Southern California and NBER

Discussant:
Timothy McQuade, University of California, Berkeley and NBER
4:10 pm

What Determines School Segregation? The Crucial Role of Neighborhood Factors

Gregorio S. Caetano, University of Georgia
Hugh Macartney, Duke University

Discussant:
Maisy Wong, University of Pennsylvania and NBER
5:00 pm
Adjourn
6:00 pm
Dinner at Hotel Marlowe (Muse Salon)
Sponsored by the Paul Milstein Center for Real Estate at Columbia Business School and the Zell/Lurie Real Estate Center at the Wharton School
Thursday, July 25
7:50 am
Coffee and Pastries
Morning joint with Urban Economics
8:20 am

The Current Local Regulatory Environment for Housing Markets: Evidence from a New Wharton Index

Joseph Gyourko, University of Pennsylvania and NBER
Jacob A. Krimmel, Federal Reserve Board of Governors

Discussant:
Ingrid Ellen, New York University
9:10 am

Affordable Housing and City Welfare

Jack Favilukis, University of British Columbia
Pierre G. Mabille, INSEAD
Stijn Van Nieuwerburgh, Columbia University and NBER

Discussant:
Nathaniel Baum-Snow, University of Toronto
10:00 am
Break
10:20 am

The Long-Run Effects of Low-Income Housing on Neighborhood Composition (slides)

Morris Davis, Rutgers University
Jesse M. Gregory, University of Wisconsin - Madison and NBER
Daniel Hartley, Federal Reserve Bank of Chicago

Discussant:
Rebecca Diamond, Stanford University and NBER
11:10 am

Creating Moves to Opportunity: Experimental Evidence on Neighborhood Choice Among Housing Voucher Recipients

Peter Bergman, University of Texas at Austin and NBER
Raj Chetty, Harvard University and NBER
Stefanie DeLuca, Johns Hopkins University
Nathaniel Hendren, Massachusetts Institute of Technology and NBER
Lawrence F. Katz, Harvard University and NBER
Christopher Palmer, Massachusetts Institute of Technology and NBER

Discussant:
Katherine O'Regan, New York University
12:00 pm
Adjourn and Lunch