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