SI 2022 Real Estate

Benjamin J. Keys and Tomasz Piskorski, Organizers

July 27-28, 2022

Hotel Marlowe

Serrano BC, 25 Edwin H. Land Blvd., Cambridge, MA and zoom.us

Conference Code of Conduct

Wednesday, July 27
8:00 am
Coffee and Pastries - Serrano A/ Alexis Gallery
8:30 am
Jack W. Fisher, University of Virginia
Alessandro Gavazza, London School of Economics
Lu Liu, University of Pennsylvania
Tarun Ramadorai, Imperial College London
Jagdish Tripathy, Bank of England

Refinancing Cross-subsidies in the Mortgage Market
Discussant: Pascal J. Noel, University of Chicago and NBER
9:20 am
Shane Byrne, Central Bank of Ireland and Trinity College Dublin
Kenneth Devine, Central Bank of Ireland
Michael King, Trinity College Dublin
Yvonne McCarthy, Central Bank of Ireland
Christopher Palmer, Massachusetts Institute of Technology and NBER

The Last Mile of Monetary Policy: Consumer Inattention, Disclosures, and the Refinancing Channel (slides)
Discussant: Jialan Wang, University of Illinois Urbana-Champaign and NBER
10:10 am
Break
10:30 am
Erica Xuewei Jiang, University of Southern California
Anthony Lee Zhang, University of Chicago

Collateral Value Uncertainty and Mortgage Credit Provision
Discussant: Timothy McQuade, University of California, Berkeley and NBER
11:20 am
Arpit Gupta, New York University
Christopher Hansman, Emory University
Pierre Mabille, INSEAD

Financial Constraints and the Racial Housing Gap
Discussant: Therese C. Scharlemann, Federal Reserve Board
12:10 pm
Lunch - Serrano A/ Alexis Gallery
1:30 pm
Lee Lockwood, University of Virginia and NBER
Scott R. Baker, Northwestern University and NBER
Lorenz Kueng, Swiss Finance Institute
Pinchuan Ong, National University of Singapore

Renting Hedges Wage Risk
Discussant: Todd M. Sinai, University of Pennsylvania and NBER
2:20 pm
Itai Ater, Tel Aviv University
Yael Elster, University of Haifa
Eran Hoffmann, Hebrew University

Real-Estate Investors, House Prices and Rents: Evidence from Capital-Gains Tax Changes (slides)
Discussant: Charles G. Nathanson, Northwestern University
3:10 pm
Break
3:30 pm
Marie Rekkas, Simon Fraser University
Randall Wright, University of Wisconsin-Madison and NBER
Yu Zhu, Bank of Canada

How Well Does Search Theory Explain Housing Prices?
Discussant: Adam Guren, Boston University and NBER
4:20 pm
Nuno Clara, Duke University
João F. Cocco, London Business School
Lakshmi Naaraayanan, London Business School
Varun Sharma, London Business School

Investments that Make our Homes Greener: The Role of Regulation
Discussant: Nancy E. Wallace, Haas School of Business, University of California, Berkeley
5:10 pm
Break
5:20 pm
Job Market Session
Parinitha R. Sastry, Columbia University

Who Bears Flood Risk? Evidence from Mortgage Markets in Florida
David Hao Zhang, Rice University

Closing Costs, Refinancing, and Inefficiencies in the Mortgage Market
6:00 pm
Adjourn
Thursday, July 28
8:00 am
Coffee and Pastries - Serrano A/ Alexis Gallery
Morning Session Joint with Urban Economics
8:20 am
Job Market Session
Boaz Abramson, Columbia University

The Welfare Effects of Eviction and Homelessness Policies
Antoine B. Levy, University of California, Berkeley

Housing Policy with Home-Biased Landlords: Evidence from French Rental Markets
Jaehee Song, University of Colorado Boulder

The Effects of Residential Zoning in U.S. Housing Markets
9:20 am
Break
9:30 am
Milena Almagro, University of Chicago and NBER
Eric Chyn, University of Texas at Austin and NBER
Bryan A. Stuart, Federal Reserve Bank of Philadelphia

The Effects of Urban Renewal Programs on Gentrification and Inequality: Evidence from Chicago Public Housing Demolitions
Discussant: Jesse M. Gregory, University of Wisconsin-Madison and NBER
10:20 am
Patrick Bayer, Duke University and NBER
Marcus D. Casey, University of Illinois at Chicago
William B. McCartney, University of Virginia
John Orellana-Li, City University of New York
Calvin S. Zhang, Federal Reserve Bank of Philadelphia

Distinguishing Causes of Neighborhood Racial Change: A Nearest Neighbor Design
Discussant: Donald R. Davis, Columbia University and NBER
11:10 am
Break
11:30 am
Holger Sieg, University of Pennsylvania and NBER
Chamna Yoon, Korea Advanced Institute of Science and Technology
Jipeng Zhang, Shandong University

The Impact of Local Fiscal and Migration Policies on Human Capital Accumulation and Inequality in China
Discussant: Melanie Morten, Stanford University and NBER
12:20 pm
Adjourn and Lunch - Serrano A/ Alexis Gallery