SI 2019 Real Estate

Fernando V. Ferreira and Tomasz Piskorski, Organizers

July 24-25, 2019

Hotel Marlowe

Cambridge, MA

Conference Code of Conduct

Wednesday, July 24
7:50 am
Coffee and Pastries
8:20 am
David W. Berger, Duke University and NBER
Konstantin Milbradt, Northwestern University and NBER
Fabrice Tourre, Copenhagen Business School
Joseph S. Vavra, University of Chicago and NBER

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy
Discussant: Benjamin J. Keys, University of Pennsylvania and NBER
9:10 am
Daniel Greenwald, Massachusetts Institute of Technology
Adam Guren, Boston University and NBER

Do Credit Conditions Move House Prices?
Discussant: Tim Landvoigt, University of Pennsylvania and NBER
10:00 am
Break
10:20 am
Neil Bhutta, Federal Reserve Board
Andreas Fuster, EPFL and Swiss Finance Institute
Aurel Hizmo, Federal Reserve Board

Paying Too Much? Price Dispersion in the US Mortgage Market
Discussant: Gregor Matvos, Northwestern University and NBER
11:10 am
Robert P. Bartlett III, University of California at Berkeley
Adair Morse, University of California, Berkeley and NBER
Richard Stanton, University of California at Berkeley
Nancy Wallace, University of California at Berkeley

Consumer-Lending Discrimination in the FinTech Era
Discussant: Anthony A. DeFusco, Northwestern University and NBER
12:00 pm
Lunch
1:20 pm
Andra C. Ghent, University of Utah

What's Wrong with Pittsburgh? Delegated Investors and Liquidity Concentration (slides)
Discussant: Barney Hartman-Glaser, University of California at Los Angeles
2:10 pm
Rebecca Diamond, Stanford University and NBER
Adam Guren, Boston University and NBER
Rose Tan, Stanford University

The Effect of Foreclosures on Homeowners, Tenants, and Landlords
Discussant: Raven Molloy, Federal Reserve Board
3:00 pm
Break
3:20 pm
Amine Ouazad, Rutgers Business School
Romain Rancière, University of Southern California and NBER

Market Frictions, Arbitrage, and the Capitalization of Amenities
Discussant: Timothy McQuade, University of California, Berkeley
4:10 pm
Gregorio S. Caetano, University of Georgia
Hugh Macartney, Duke University

What Determines School Segregation? The Crucial Role of Neighborhood Factors
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
Joseph Gyourko, University of Pennsylvania and NBER
Jacob A. Krimmel, Federal Reserve Board

The Current Local Regulatory Environment for Housing Markets: Evidence from a New Wharton Index
Discussant: Ingrid Ellen, New York University
9:10 am
Jack Favilukis, University of British Columbia
Pierre G. Mabille, INSEAD
Stijn Van Nieuwerburgh, Columbia University and NBER

Affordable Housing and City Welfare
Discussant: Nathaniel Baum-Snow, University of Toronto
10:00 am
Break
10:20 am
Morris Davis, Rutgers University
Jesse M. Gregory, University of Wisconsin-Madison and NBER
Daniel Hartley, Federal Reserve Bank of Chicago

The Long-Run Effects of Low-Income Housing on Neighborhood Composition (slides)
Discussant: Rebecca Diamond, Stanford University and NBER
11:10 am
Peter Bergman, University of Texas at Austin and NBER
Raj Chetty, Harvard University and NBER
Stefanie DeLuca, Johns Hopkins University
Nathaniel Hendren, Harvard University and NBER
Lawrence F. Katz, Harvard University and NBER
Christopher Palmer, Massachusetts Institute of Technology and NBER

Creating Moves to Opportunity: Experimental Evidence on Neighborhood Choice Among Housing Voucher Recipients
Discussant: Katherine O'Regan, New York University
12:00 pm
Adjourn and Lunch