NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2003


 

Public Policy and Real Estate Markets

Joe Gyourko, Chris Mayer, and Todd Sinai, Organizers

 

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts

 

July 29, 2003

 

PRELIMINARY PROGRAM

                                                                                                           

 

TUESDAY, JULY 29:

 

 8:00 AM          Coffee and Pastries

 

 8:30 AM          YONGHENG DENG and STUART GABRIEL, University of Southern California

Are Underserved Borrowers Lower Risk? New Evidence on the Performance and Pricing of FHA-Insured Morgages

 

                        Discussant: JOHN QUIGLEY, UC, Berkeley

 

 9:30 AM          Break

 

10:00 AM         EDWARD GLAESER, Harvard University and NBER

                        JOSEPH GYOURKO, University of Pennsylvania

                        RAVEN SAKS, Harvard University

            Why is Manhattan So Expensive? Regulation and the Rise of House Prices                     

 

                        Discussant: MATT KAHN, Tufts University

 

11:00 AM         STUART ROSENTHAL, Syracuse University

                        WILLIAM STRANGE, University of Toronto

                        The Urban Rat Race: Thick Markets, Signaling, and Hours Worked in Big Cities

 

                        Discussant: KEVIN LANG, Boston University and NBER

                                   

12:00 PM         Lunch

 

 1:00 PM          MICHAEL GREENSTONE, University of Chicago and NBER

                        ENRICO MORETTI, UC, Los Angeles and NBER

Bidding for Industrial Plants: Does Winning a 'Million Dollar Plant' Increase Welfare?

 

                        Discussant: BRIAN KNIGHT, Brown University and NBER

 2:00 PM          TOM DAVIDOFF, UC ,Berkeley

                        Maintenance and the Home Equity of the Elderly

                       

                        Discussant: ERIK HURST, University of Chicago and NBER

 

 3:00 PM          Break                                                                                                  

 

 3:30 PM          PATRICK BAYER, Yale University

                        FERNANDO FERREIRA, UC, Berkeley

                        ROBERT MCMILLAN, University of Toronto

A Unified Framework for Measuring Preferences for Schools and Neighborhoods (and data details)

 

                        Discussant: JESSE ROTHSTEIN, Princeton University

 

 4:30 PM          Adjourn