Program
Monday, August 20, 2012
08:30 Coffee and welcome
09:00-12:30 鈥淭he Energy Efficiency Challenges of US Commercial Real Estate鈥
Nancy Wallace, UC Berkeley
"Yes, Academic Real Estate Has Practical Applications"
Joseph Williams, Professors Capital
Coffee break
"Fundamental Lessons from the Subprime Mortgage Crisis"
Dwight Jaffee, UC Berkeley
12:30-14:00 Lunch
14:00-16:30 "Early Mortgage Securitization and Real Estate Speculation"
William Goetzmann, Yale University
Coffee break
鈥淗ousing Bubbles鈥
Christopher Mayer, Columbia University
16:30 Panel discussion: China, Spain, Sweden, and the US:
Housing Bubbles or Just Extreme Fundamentals?
Panelists: Mei Jianping, CKGSB; Christopher Mayer, Columbia University; Peter Englund, 海角社区下载 School of Economics; Jos茅 Garc铆a-Montalvo, Universitat Pompeu Fabra; Peter Leimd枚rfer, Leimd枚rfer Partners
17:30 Concluding remarks
Conference Program, Tuesday, August 21, 2012
08:30 Coffee
09:00-09:45 鈥淗ot and Cold Housing Markets鈥
Joseph Williams, Professors Capital
Discussant: Jungsuk Han, 海角社区下载 School of Economics
09:45-10:30 鈥淎 Model of Mortgage Default鈥
Joao Cocco, London Business School
Discussant: Roine Vestman, 海角社区下载 University
10:30-11:00 Coffee
11:00-11:45 鈥淓stimating Loan-to-Value and Foreclosure Behavior鈥
Morten Sorensen, Columbia University
Discussant: Mei Jianping, CKGSB
11:45-12:30 鈥滳redit Supply and the Price of Housing鈥
Giovanni Favara, International Monetary Fund
Discussant: Augustin Landier, Toulouse School of Economics
12:30-13:30 Lunch
13:30-14:15 鈥淒o Loan Officers鈥 Incentives Lead to Lax Lending Standards?鈥
Itzhak Ben-David, Ohio State University
Discussant: Kasper Roszbach, Sveriges Riksbank
14:15-15:00 鈥淒id Affordable Housing Legislation Contribute to the Subprime Securities Boom?鈥
Andra Ghent, Arizona State University
Discussant: Jos茅 Garc铆a Montalvo, Universitat Pompeu Fabra
15:00 Closing of conference