Federal Reserve Bank of Chicago and University of Wisconsin-Madison
Housing-Urban-Labor-Macro (HULM) Conference

October 23 and 24, 2015

Questions? Email Andra at ghent@wisc.edu

For a list of attendees, click here

2015 Fall Conference Sponsors (THANK YOU!):


Venue:
The conference will take place at the Federal Reserve Bank of Chicago. It is a 2 minute walk from the conference hotel (Club Quarters Central Loop). You can walk there from the conference hotel by following these directions

Conference Agenda

Previous HULM Conferences

Next HULM Conference

Hotel information



Conference Agenda:

Friday, October 23rd

8:00am – 8:55am, Registration and Continental Breakfast

8:55am – 9:00am, Opening Remarks

9:00am - 9:50am, David Albouy, University of Illinois - Urbana-Chamapign
Housing Demand and Expenditures: How Rising Rent Levels Affect Behavior and Costs-of-Living over Space and Time (with Gabe Ehrlich and Yingyi Liu)
Discussion by Stephen Ross, University of Connecticut - Storrs

9:50am - 10:40am, Marcus Berliant, Washington University
Equilibrium Commuting (with Takatoshi Tabushi)
Discussion by Dan McMillen, University of Illinois - Urbana-Champaign

10:40am - 11:00am, Coffee and Tea Break

11:00am - 11:50am, Joao Cocco, London Business School
Reverse Mortgage Design (with Paula Lopes)
Discussion by Tom Davidoff, University of British Columbia

11:50am - 12:40pm, Morris Davis, Rutgers University
Neighborhood Choices and Neighborhood Effects (with Jesse Gregory, Dan Hartley, and Kegon Tan)
Discussion by Amy Schwartz, Syracuse University

12:40pm - 1:40pm, Lunch

1:40pm - 2:30pm, Jose Fillat, Federal Reserve Bank of Boston
Portfolio Choice with House Value Misperception (with Stefano Corradin and Carles Vergara-Alert)
Discussion by Margie Flavin, University of California - San Diego

2:30pm - 3:20pm, Sebastian Gay, University of Chicago
Investors Effect on Household Real Estate Affordability
Discussion by Kristle Cortes, Federal Reserve Bank of Cleveland

3:20pm - 3:40pm, Coffee and Tea Break

3:40pm - 4:30pm, Chang-Tai Hsieh, University of Chicago
Why do Cities Matter? Local Growth and Aggregate Growth (with Enrico Moretti)
Discussion by Yannis Ioannides, Tufts University

4:30pm - 5:20pm, Jaime Luque, University of Wisconsin - Madison
A Theory of Subprime Mortgage Lending (with Tim Riddiough)
Discussion by Elliot Anenberg, Federal Reserve Board of Governors

6:00pm, Dinner at Giordano's Pizza Central Loop (alcoholic beverages at participants' own expense)
Sponsored by James A. Graaskamp Center for Real Estate

Saturday, October 24th

8:00am - 8:30am, Continental Breakfast

8:30am - 9:20am, Jordan Rappaport, Federal Reserve Bank of Kansas City
Monocentric City Redux
Discussion by Ed Coulson, University of Nevada - Las Vegas

9:20am - 10:10am, Jacob Sagi, University of North Carolina - Chapel Hill
Asset-level risk and return in real estate investments
Discussion by Alllen Head, Queens University

10:10am - 10:20am, MINI-Break (no Coffee or Tea Refresh)

10:20am - 11:10am, Stijn Van Nieuwerburgh, New York University
Phasing Out the GSEs (with Vadim Elenev and Tim Landvoigt)
Discussion by Kurt Mitman, Stockholm University

11:10am - 12:00pm, Maisy Wong, University of Pennsylvania
CMBS and Conflicts of Interest: Evidence from a Natural Experiment on Servicer Ownership
Discussion by Sergey Tsyplakov, University of South Carolina

12:00 pm, Depart (Boxed Lunch Provided)

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Previous HULM Conferences:

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Next HULM Conference:

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Hotel Information:

Club Quarters, 111 West Adams Street, Chicago, IL 60603

Club Quarters, Central Loop is located at the corner of Adams and Clark Streets beside the famous Rookery Building and in the center of the Central Loop, just minutes from Michigan Avenue. It is just one and 1/2 blocks from the Chicago Fed and a short walk to the Symphony Center, the Art Institute, Board of Trade, the Willis Tower, the River Front and Grant Park. It boasts the popular Elephant & Castle Pub and Restaurant, serving a combination of British classics and North American favorites coupled with a list of over 100 beers and an extensive list of Scotch whiskeys. Each floor features complimentary chilled bottled water to go. For other amenities, please visit their website.

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