Saturday, June 24th

6:00 pm - Reception – Seacliff Foyer

7:00 pm - Dinner – Seacliff D

 

Sunday, June 25th

7:30 am - Breakfast – Seacliff D

 

9:00 am - 10:30 am: Session I – Housing, Mortgage, and Labor Market - Seacliff A

 

Troup Howard, Mengqi Wang, and Dayin Zhang

How Do Labor Shortages Affect Residential Construction and Housing Affordability?

View paper here [Link].

Presenter: Dayin Zhang, University of Wisconsin-Madison

Discussant: Darren Aiello, Brigham Young University

 

Julia Fonseca and Lu Liu

Mortgage Lock-In, Mobility, and Labor Reallocation

View paper here [Link].

Presenter: Lu Liu, University of Pennsylvania

Discussant: Lu Han, University of Wisconsin-Madison

 

10:30 am - 11:00 am: Coffee Break - Seacliff Foyer

 

11:00 am – 12:30 pm: Session II – Commercial Mortgages and CMBS – Seacliff A

 

Simon Firestone, Nathan Godin, Akos Horvath, and Jacob Sagi

Risk Perception and Loan Underwriting in Securitized Commercial Mortgages

View paper here [Link].

Presenter: Jacob Sagi, University of North Carolina at Chapel Hill

Discussant: Chester Spatt, Carnegie Mellon University

 

Sean Flynn, Andra Ghent, and Alexei Tchistyi

The Imitation Game: How Encouraging Renegotiation Makes Good Borrowers Bad

View paper here [Link].

Presenter: Alexei Tchistyi, Cornell University

Discussant: Rohan Ganduri, Emory University

 

12:30 pm - 2:00 pm - Lunch – Seacliff D

 

2:00 pm – 3:15 pm: Session III - Lightning Round – Seacliff A

 

2:00 pm – 2:15 pm

Caitlin Gorback and Gregor Schubert

The Impact of Cultural Preferences on Homeownership

View paper here [Link].

Presenter: Caitlin Gorbak, University of Texas at Austin

 

2:20 pm – 2:35 pm

Blake Jackson, David Ling, and Andy Naranjo

Catering and Return Manipulation in Private Equity

View paper here [Link].

Presenter: Blake Jackson, University of Florida

 

2:40 pm – 2:55 pm

Li Ma and Yildiray Yildirim

High Temperature, Climate Change, and Real Estate

View paper here [Link].

Presenter: Yildriray Yildirim, Baruch College, City University of New York

 

3:00 pm – 3:15 pm

Christophe Spaenjers, and Eva Steiner

Specialization and Performance in Private Equity: Evidence from the Hotel Industry

View paper here [Link].

Presenter: Eva Steiner, Penn State University

 

3:15 pm – 3:45 pm: Coffee Break - Seacliff Foyer

 

3:45 pm – 4:30 pm:  Session IV – Commercial Real Estate and Real Options - Seacliff A

 

Soon Hyeok Choi, Robert Jarrow, Daniel Lebret, and Crocker Liu

Pricing the Upside Potential to Downside Risk

View paper here [Link].

Presenter: Soon Hyeok Choi, Rochester Institute of Technology

Discussant: Timothy Riddiough, University of Wisconsin-Madison

 

5:00 pm Adjourn