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Publications and Working Papers

2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2000-05 | 1990s | 1980s

2013

Cities as Entertainment Centers: Can Transformative Projects Create Place?, Working Paper
Author(s): Amanda Johnson, Lynne Sagalyn
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Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market, Working Paper
Author(s): Tomasz Piskorski, Amit Seru, James Witkin
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Generation Y: Shopping and Entertainment in the Digital Age, ULI
Author(s): M. Leanne Lachman and Deborah L. Brett
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The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers, Journal of Financial Economics
Author(s): Christopher Mayer, Tomasz Piskorski, Alexei Tchistyi
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Mansion Tax: The Effect of Transfer Taxes on the Residential Real Estate Market, Working Paper
Author(s): Wojciech Kopczuk, David J. Munroe
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Market Timing, Investment, and Risk Management, Journal of Financial Economics
Author(s): Patrick Bolton, Hui Chen, Neng Wang
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Numerical Ability Predicts Mortgage Default in Proceedings of the National Academy of Sciences
Author(s): Kristopher Gerardi, Lorenz Goette, Stephan Meier
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Optimal Consumption and Savings with Stochastic Income, Working Paper
Author(s): Chong Wang, Neng Wang, and Jinqiang Yang
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2012

Choice without Awareness: Ethical and Policy Implications of Defaults In Journal of Public Policy & Marketing, Journal of Public Policy and Marketing
Author(s): C Smith, Daniel Goldstein, Eric Johnson
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Distant Speculators and Asset Bubbles in the Housing Market, Working Paper
Author(s): Alex Chinco, Christopher Mayer
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The Economic and Policy Consequences of Catastrophes, Working Paper
Author(s): Robert Pindyck, Neng Wang
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The Economics of Hedge Funds, Working Paper
Author(s): Yingcong Lan, Neng Wang, Jinqiang Yang
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Lemons and CDOs: Why Did So Many Lenders Issue Poorly Performing CDOs?, Working Paper
Author(s): Oliver Faltin-Traeger, Christopher Mayer
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Mortgage Financing in the Housing Boom and Bust, in Housing and the Financial Crisis
Author(s): Ben Keys, Tomasz Piskorski, Amit Seru, Vikrant Vig
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A New Look at Second Liens, Working Paper
Author(s): Donghoon Lee, Christopher Mayer, Joseph Tracy
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Optimal Securitization with Moral Hazard in Journal of Financial Economics
Author(s): Barney Hartman-Glaser, Tomasz Piskorski, Alexei Tchistyi
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Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program, Working Paper
Author(s): Sumit Agarwal, Gene Amromin, Zahi Ben-David, Souphala Chomsisengphet, Tomasz Piskorski, Amit Seru
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Public-Private Engagement: Promise and Practice in Planning Ideas That Matter
Author(s): Lynne Sagalyn
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Superstar Cities, Working Paper
Author(s): Christopher Mayer, Todd Sinai, Joseph Gyourko
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A Unified Model of Entrepreneurship Dynamics in Journal of Financial Economics
Author(s): Chong Wang, Neng Wang, Jinqiang Yang
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Valuing Private Equity, Working Paper
Author(s): Morten Sorensen, Neng Wang, Jinqiang Yang
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2011

Dynamic Agency and the Q Theory of Investment in Journal of Finance
Author(s): Peter DeMarzo, Mike Fishman, Zhiguo He, Neng Wang
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Housing Bubbles: A Survey in Annual Review of Economics
Author(s): Christopher Mayer
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Investment, Tobin's q, and Interest Rates, Working Paper
Author(s): Chong Wang, Neng Wang, Jinqiang Yang
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Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide, Working Paper
Author(s): Christopher Mayer, Edward Morrison, Tomasz Piskorski, Arpit Gupta
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Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring, Working Paper
Author(s): Tomasz Piskorski, Mark Westerfield
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Public-Private Partnerships and Urban Governance: Coordinates and Policy Issues in Global Urbanization
Author(s): Lynne Sagalyn
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Risk, Uncertainty, and Option Exercise in Journal of Economic Dynamics & Control
Author(s): Neng Wang, Jianjun Miao
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Sponsor Risk and the Performance of Asset-backed Securities, Working Paper
Author(s): Oliver Faltin-Traeger, Kathleen Johnson, Christopher Mayer
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Stochastic House Appreciation and Optimal Mortgage Lending in Review of Financial Studies
Author(s): Tomasz Piskorski, Alexei Tchistyi
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The Use and Abuse of Blight in Eminent Domain in Fordham Urban Law Journal
Author(s): Martin Gold, Lynne Sagalyn
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2010

Commentary: Does a Rising Tide Compensate for the Secession of the Successful? Illustrating the Effects of Business Improvement Districts on Municipal Coffers in Municipal Revenues and Land Policies
Author(s): Lynne Sagalyn
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Dispersion in House Price and Income Growth Across Markets: Facts and Theories in Agglomeration Economics
Author(s): Joseph Gyourko, Christopher Mayer, Todd Sinai
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Entrepreneurial Finance and Non-Diversifiable Risk in Review of Financial Studies
Author(s): Hui Chen, Jianjun Miao, Neng Wang
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Estimation of Risk and Time Preferences: Response Error, Heterogeneity, Adaptive Questionnaires, and Experiment Evidence from Mortgagers, Working Paper
Author(s): Olivier Toubia, Eric Johnson, Theodoros Evgeniou, Philippe Delquie
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Issuer Credit Quality and the Price of Asset-Backed Securities in The American Economic Review: Papers and Proceedings
Author(s): Oliver Faltin-Traeger, Kathleen Johnson, Christopher Mayer
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Optimal Mortgage Design in Review of Financial Studies
Author(s): Tomasz Piskorski, Alexei Tchistyi
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Private Information and Market Making in Secondary Mortgage Markets, Working Paper
Author(s): Christopher Mayer
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Rating Asset-Backed Securities, Working Paper
Author(s): Oliver Faltin-Traeger, Kathleen Johnson, Christopher Mayer
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Reallocating and Pricing Illiquid Capital: Two Productive Trees, Working Paper
Author(s): Janice Eberly, Neng Wang
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Risky Human Capital and Deferred Capital Income Taxation in Journal of Economic Theory
Author(s): Borys Grochulski, Tomasz Piskorski
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Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis in Journal of Financial Economics
Author(s): Tomasz Piskorski, Amit Seru, Vikrant Vig
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Securitization and Loan Performance: A Contrast of Ex Ante and Ex Post Relations in the Mortgage Market, Working Paper
Author(s): Wei Jiang, Ashlyn Aiko Nelson, Edward Vytlacil
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Time Preferences, Mortgage Choice, and Strategic Default, Working Paper
Author(s): Eric Johnson, Stephen Atlas, John W. Payne
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2009

A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management in Journal of Finance
Author(s): Patrick Bolton, Hui Chen, Neng Wang
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Capital Reallocation and Growth in American Economic Review: Papers and Proceedings
Author(s): Janice Eberly, Neng Wang
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Entrepreneurial Finance and Nondiversifiable Risk, Working Paper
Author(s): Hui Chen, Jianjun Miao, Neng Wang
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Essay: A New Proposal for Loan Modifications in Yale Journal on Regulation
Author(s): Christopher Mayer, Edward Morrison, Tomasz Piskorski
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Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development in Journal of Urban Economics
Author(s): Laarni Bulan, Christopher Mayer, Tsur Somerville
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Liar's Loan? Effects of Origination Channel and Information Falsification on Mortgage Delinquency, Working Paper
Author(s): Wei Jiang, Ashlyn Aiko Nelson, Edward Vytlacil
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Optimal Consumption and Asset Allocation with Unknown Income Growth in Journal of Monetary Economics
Author(s): Neng Wang
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Public-Private Partnerships in Local Planning: Contemporary Principles and Practice
Author(s): Lynne Sagalyn
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Real Estate and the Local Planning Context in Local Planning: Contemporary Principles and Practice
Author(s): Lynne Sagalyn
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Subprime Mortgage Pricing: The Impact of Race, Ethnicity, and Gender on the Cost of Borrowing in Brookings-Wharton Papers on Urban Affairs 2009
Author(s): Andrew Haughwout, Christopher Mayer, Joseph Tracy
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Subprime Mortgages: What, Where, and to Whom? in Housing Markets and the Economy: Risk, Regulation, and Policy: Essays in Honor of Karl E. Case
Author(s): Christopher Mayer, Karen Pence
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The (Mythical?) Housing Wealth Effect, Working Paper
Author(s): Charles Calomiris, Stanley Longhofer, William Miles
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The Mortgage Market Meltdown and House Prices in The B.E. Journal of Economic Analysis & Policy
Author(s): R. Glenn Hubbard, Christopher Mayer
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The Rise in Mortgage Defaults in Journal of Economic Perspectives
Author(s): Christopher Mayer, Karen Pence, Shane M. Sherlund
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Why Do Households Without Children Support Local Public Schools? Linking House Price Capitalization to School Spending in Journal of Urban Economics
Author(s): Christian Hilber, Christopher Mayer
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2008

Agency Conflicts, Investment, and Asset Pricing in Journal of Finance
Author(s): Neng Wang, Rui Albuquerque
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Financing Real Options, Working Paper
Author(s): M. Suresh Sundaresan, Neng Wang
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Positioning Politics: Kelo, Eminent Domain, and the Press in Land and Power: The Impact of Eminent Domain in Urban Communities
Author(s): Lynne Sagalyn
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The Foreclosure-House Price Nexus: Lessons from the 2007–2008 Housing Turmoil, Working Paper
Author(s): Charles Calomiris, Stanley Longhofer, William Miles
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2007

Agency Conflicts, Asset Substitution, and Securitization, Working Paper
Author(s): Christopher Mayer, Yingjin Hila Gan
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An Equilibrium Model of Wealth Distribution in Journal of Monetary Economics
Author(s): Neng Wang
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Experimentation under Uninsurable Idiosyncratic Risk: An Application to Entrepreneurial Survival, Working Paper
Author(s): Neng Wang, Jianjun Miao
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Investment Under Uncertainty and Time-Inconsistent Preferences in Journal of Financial Economics
Author(s): Neng Wang, Steven Grenadier
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Investment Under Uncertainty with Strategic Debt Service in American Economic Review Papers and Proceedings
Author(s): Neng Wang, M. Suresh Sundaresan
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Investment, Consumption, and Hedging Under Incomplete Markets in Journal of Financial Economics
Author(s): Neng Wang, Jianjun Miao
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Land Assembly, Land Readjustment and Public-Private Redevelopment in Analyzing Land Readjustment: Economics, Law and Collective Action
Author(s): Lynne Sagalyn
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Public/Private Development: Lessons from History, Research, and Practice in Journal of the American Planning Association
Author(s): Lynne Sagalyn
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Recurrent Investment Opportunities: Real Options with Illiquid Projects, Working Paper
Author(s): Steven Grenadier, Neng Wang
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U.S. House Price Dynamics and Behavioral Economics in Policymaking Insights on Behavioral Economics
Author(s): Christopher Mayer, Todd Sinai
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2006

Generalizing the Permanent-Income Hypothesis: Revisiting Friedman's Conjecture on Consumption in Journal of Monetary Economics
Author(s): Neng Wang
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Investor Protection and Investment, Working Paper
Author(s): Neng Wang, Yingcong Lan
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The Political Fabric of Design Competitions in The Politics of Design: Competitions for Public Projects
Author(s): Lynne Sagalyn
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U.S. Domestic Money, Inflation and Output in Journal of Monetary Economics
Author(s): Yunus Aksoy, Tomasz Piskorski
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What Can We Learn About the Sensitivity of Investment to Stock Prices with a Better Measure of Tobin's q?, Working Paper
Author(s): Christopher Mayer
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2000-05

Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions in Journal of Economic Perspectives (2005)
Author(s): Christopher Mayer, Todd Sinai
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Investment Timing, Agency, and Information in Journal of Financial Economics (2005)
Author(s): Steven Grenadier, Neng Wang
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The Politics of Planning the World’s Most Visible Urban Redevelopment Project in Contentious City: The Politics of Recovery in New York City (2005)
Author(s): Lynne Sagalyn
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Precautionary Saving and Partially Observed Income in Journal of Monetary Economics (2003)
Author(s): Neng Wang
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Caballero Meets Bewley: The Permanent-Income Hypothesis in General Equilibrium in American Economic Review (2003)
Author(s): Neng Wang
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Dividend Taxes and Share Prices: Evidence From Real-Estate Investment Trusts in Journal of Finance (2003)
Author(s): Christopher Mayer
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Government Regulation and Changes in the Affordable Housing Stock in Economic Policy Review (2003)
Author(s): Christopher Mayer, C. Somerville
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Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why Not All Delays Are Created Evil in American Economic Review (2003)
Author(s): Christopher Mayer, Todd Sinai
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Regulation and Capitalization of Environmental Amenities: Evidence From the Toxic Release Inventory in Massachusetts in Review of Economics and Statistics (2003)
Author(s): Linda Bui, Christopher Mayer
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The Effects of Share Prices Relative to Fundamental Value on Stock Issuances and Repurchases, Working Paper (2003)
Author(s): Christopher Mayer
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Why Do Airlines Schedule Their Flights to Systematically Arrive Late?, Working Paper (2003)
Author(s): Christopher Mayer, Todd Sinai
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Robust Permanent Income and Pricing with Filtering in Macroeconomic Dynamics (2002)
Author(s): Lars Hansen, Thomas Sargent, Neng Wang
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The Halting Consolidation Revolution in Wharton Real Estate Review (2002)
Author(s): Lynne Sagalyn
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Loss Aversion and Seller Behavior: Evidence from the Housing Market in Quarterly Journal of Economics (2001)
Author(s): David Genesove, Christopher Mayer
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Mediating Change: Symbolic Politics and the Transformation of Times Square Paper, Working Paper (2001)
Author(s): Lynne Sagalyn
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Property Tax Limits, Local Fiscal Behavior, and Property Values: Evidence from Massachusetts Under Proposition 2 1/2 in Journal of Public Economics (2001)
Author(s): Katherine Bradbury, Christopher Mayer, Karl Case
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The Recast Scope of Public Possibility: Lessons from Times Square, Conference Paper (2001)
Author(s): Lynne Sagalyn
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Times Square Roulette: Remaking the City Icon, Book (2001)
Author(s): Lynne Sagalyn
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Land Use Regulation and New Construction in Regional Science and Urban Economics (2000)
Author(s): Christopher Mayer, C. Somerville
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Residential Construction: Using the Urban Growth Model to Estimate Housing Supply in Journal of Urban Economics (2000)
Author(s): Christopher Mayer, C. Somerville
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Times Square: A Revisionist Lesson in City Building in Hermes (2000)
Author(s): Lynne Sagalyn
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1990s

Cases in Real Estate Finance and Investment Strategy, Book (1999)
Author(s): Lynne Sagalyn
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Assessing the Performance of Real-Estate Auctions in Real Estate Economics (1998)
Author(s): Christopher Mayer
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Intergenerational Transfers, Borrowing Constraints, and Saving Behavior: Evidence from the Housing Market in Journal of Urban Economics (1998)
Author(s): Gary Engelhardt, Christopher Mayer
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Consolidation in the Real Estate Industry: Big vs. Strategic? Reflections on the Industry Structure of the Future in The Journal of Real Estate Investment Trusts (1997)
Author(s): Lynne Sagalyn
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Equity and Time to Sale in the Real Estate Market in American Economic Review (1997)
Author(s): David Genesove, Christopher Mayer
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Negotiating for Public Benefits: The Bargaining Calculus of Public-Private Development in Urban Studies (1997)
Author(s): Lynne Sagalyn
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Conflicts of Interest in the Structure of REITs in Real Estate Finance (1996)
Author(s): Lynne Sagalyn
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Institutional Options: Publicly Traded REITs and Privately Held Real Estate Investments in The Journal of Real Estate Investment Trusts (1996)
Author(s): Lynne Sagalyn
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Entrepreneurial Cities and Maverick Developers in Classic Readings in Real Estate and Development (1995)
Author(s): Bernard Frieden, Lynne Sagalyn
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Meshing Public & Private Roles in the Development Process in Real Estate Development: Principles and Process (1995)
Author(s): Lynne Sagalyn
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Reverse Mortgages and the Liquidity of Housing Wealth in AREUEA Journal (1994)
Author(s): Christopher Mayer, Katerina Simons
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Leasing: The Strategic Option for Public Development, Working Paper (1993)
Author(s): Lynne Sagalyn
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Public-Private Joint Ventures in The Office Building: From Concept to Investment Reality (1993)
Author(s): Lynne Sagalyn
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Public Development: Using Land as a Capital Resource Lincoln Institute of Land Policy, Working Paper (1992)
Author(s): Lynne Sagalyn
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Public-Private Partnerships: Business Relationships in Political Environments? in Will Decentralization Succeed? National, Regional and Local Development in Multi-Party Democracies: A Conference Report (1992)
Author(s): Lynne Sagalyn
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Downtown Shopping Malls and the New Public-Private Strategy in Shared Power: What Is It? How Does It Work? How Can We Make It Work Better? (1991)
Author(s): Bernard Frieden, Lynne Sagalyn
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Downtown Malls and the City Agenda in Society (1990)
Author(s): Lynne Sagalyn, Bernard Frieden
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Explaining the Improbable: Local Redevelopment in the Wake of Federal Cutbacks in Journal of the American Planning Association (JAPA) (1990)
Author(s): Lynne Sagalyn
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Public Profit Sharing: Symbol or Substance? in City Deal Making (1990)
Author(s): Lynne Sagalyn
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Real Estate Risk and the Business Cycle: Evidence from Security Markets in Journal of Real Estate Research (1990)
Author(s): Lynne Sagalyn
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1980s

Downtown, Inc.: How America Rebuilds Cities, Book (1989)
Author(s): Lynne Sagalyn, Bernard Frieden
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Measuring Financial Returns When the City Acts As an Investor: Boston and Faneuil Hall Marketplace in Real Estate Issues (1989)
Author(s): Lynne Sagalyn
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Downtown Shopping Malls and the New Public-Private Strategy in The Great Society and Its Legacy: Twenty Years of U.S. Social Policy (1986)
Author(s): Lynne Sagalyn, Bernard Frieden
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Bringing the Shopping Mall Downtown in International New Towns Association (1983)
Author(s): Lynne Sagalyn, Bernard Frieden
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