SI 2018 Real Estate

Fernando V. Ferreira and Tomasz Piskorski, Organizers

July 25-26, 2018

Hotel Marlowe

Cambridge, MA

Conference Code of Conduct

Wednesday, July 25
8:00 am
Coffee and Pastries
8:20 am
Session on Mortgage Design
Adam Guren, Boston University and NBER
Arvind Krishnamurthy, Stanford University and NBER
Timothy McQuade, University of California, Berkeley and NBER

Mortgage Design in an Equilibrium Model of the Housing Market
Daniel Greenwald, New York University and NBER
Tim Landvoigt, University of Pennsylvania and NBER
Stijn Van Nieuwerburgh, Columbia University and NBER

Financial Fragility with SAM?
John Y. Campbell, Harvard University and NBER
Nuno Clara, Duke University
Joao Cocco, London Business School

Structuring Mortgages for Macroeconomic Stability (slides)
9:30 am
Atif R. Mian, Princeton University and NBER
Amir Sufi, University of Chicago and NBER

Credit Supply and Housing Speculation
Discussant: Benjamin J. Keys, University of Pennsylvania and NBER
10:20 am
Break
10:40 am
Greg Buchak, Stanford University
Gregor Matvos, Northwestern University and NBER
Tomasz Piskorski, Columbia University and NBER
Amit Seru, Stanford University and NBER

Bank Balance Sheet Capacity, Shadow Banks and Market Segmentation
Discussant: Adi Sunderam, Harvard University and NBER
11:30 am
Michael A. Bailey, Georgetown University
Eduardo Dávila, Yale University and NBER
Theresa Kuchler, New York University and NBER
Johannes Stroebel, New York University and NBER

House Price Beliefs and Mortgage Leverage Choice
Discussant: Charles G. Nathanson, Northwestern University
12:20 pm
Lunch
1:40 pm
Manuel Adelino, Duke University and NBER
Antoinette Schoar, Massachusetts Institute of Technology and NBER
Felipe Severino, Dartmouth College

Perception of House Price Risk and Homeownership
Discussant: Basit Zafar, University of Michigan and NBER
2:30 pm
Jeanne Lafortune, Pontificia Universidad Catolica de Chile
Corinne Low, University of Pennsylvania and NBER

Betting the House: The Role of Homeownership in Marital Commitment and Child Investments
Discussant: Christopher Palmer, Massachusetts Institute of Technology and NBER
3:20 pm
Break
3:40 pm
Paolo Sodini, Stockholm School of Economics
Stijn Van Nieuwerburgh, Columbia University and NBER
Roine Vestman, Stockholm University
Ulf von Lilienfeld-Toal, University of Luxembourg

Identifying the Benefits from Home Ownership: A Swedish Experiment
Discussant: Ingrid Ellen, New York University
4:30 pm
Nicolas Luis. Bottan, Cornell University
Ricardo Perez-Truglia, University of California, Los Angeles and NBER

Choosing Your Pond: Location Choices and Relative Income (slides)
Discussant: Victor Couture, University of British Columbia
5:20 pm
Adjourn
6:00 pm
Dinner at Hotel Marlowe (Alexis Room)
Thursday, July 26
8:00 am
Coffee and Pastries
Joint Session with Urban Economics
8:20 am
Max Löffler, University of Cologne
Sebastian Siegloch, University of Mannheim

Property Taxation, Housing, and Local Labor Markets: Evidence from German Municipalities
Discussant: Owen M. Zidar, Princeton University and NBER
9:10 am
Victor Couture, University of British Columbia
Cecile Gaubert, University of California, Berkeley and NBER
Jessie Handbury, University of Pennsylvania and NBER
Erik Hurst, University of Chicago and NBER

The Welfare Implications of Urban Gentrification
Discussant: Jacob L. Vigdor, University of Washington and NBER
10:00 am
Break
10:20 am
Raj Chetty, Harvard University and NBER
John N. Friedman, Brown University and NBER
Nathaniel Hendren, Massachusetts Institute of Technology and NBER
Maggie Jones, U.S. Census Bureau
Sonya Porter, U.S. Census Bureau

The Opportunity Atlas: Tract-Level Estimates of Intergenerational Mobility in the U.S.
Discussant: Enrico Moretti, University of California, Berkeley and NBER
11:10 am
Konstantin Buechel, University of Bern
Maximilian Ehrlich, University of Bern
Diego Puga, CEMFI
Elisabet Viladecans-Marsal, Universitat de Barcelon and IEB

Calling from the Outside: The Role of Networks in Residential Mobility
Discussant: Amanda Pallais, Harvard University and NBER
12:00 pm
Adjourn and Lunch