The Guthrie Center Housing and Macroeconomics Conference
The Guthrie Center for Real Estate Research at the Kellogg School of Management is pleased to host its Housing and Macroeconomics conference on Friday, November 12, 2021. The conference will bring together scholars from the Chicago area to discuss topics related to housing markets and macroeconomics. The meeting is organized by Effi Benmelech, Harold L. Stuart Professor of Finance & Director of the Guthrie Center for Real Estate Research, and will be held in Kellogg's Global Hub.
The mission of the Guthrie Center for Real Estate Research is to provide students with cutting-edge and academically-sound tools and knowledge that will prepare them for leadership positions in the real estate industry and to create and foster research on urban economics, real estate markets and public policies pertaining to real estate.
November 12, 2021
Admission is free, but by invitation only, and advance RSVP is required.
Contact
If you have questions about the conference, please reach out to the conference organizer.
Efraim Benmelech
Harold L. Stuart Professor of Finance
Director of the Guthrie Center for Real Estate Research
Email
Harold L. Stuart Professor of Finance
Director of the Guthrie Center for Real Estate Research
Conference Agenda
An agenda for the Guthrie Center Conference on Housing and Macroeconomics 2021 is forthcoming.
Friday, November 12, 2021
| Time | Event | Location |
|---|---|---|
|
8:00 a.m.
|
Breakfast and Registration
|
KGH 4101
|
|
8:30 a.m. - 9:15 a.m.
|
The Riskiness of Owning vs. Renting, Scott Baker, Lorenz Kueng, Lee Lockwood and Pinchuan Ong |
KGH 4101
|
|
9:15 a.m. - 10:00 a.m.
|
Household Credit as Stimulus? Evidence from Brazil, Gabriel Garber, Atif Mian, Jacopo Ponticelli and Amir Sufi
|
KGH 4101
|
|
10:00 a.m. - 10:15 a.m.
|
Break
|
KGH 4101
|
|
10:15 a.m. - 11:00 a.m.
|
Housing Supply and Affordability: Evidence from Rents, Housing Consumption and Household Location, Raven Molloy, Charles Nathanson and Andrew Paciorek.
|
KGH 4101
|
|
11:00 a.m. - 11:15 a.m.
|
Break
|
KGH 4101
|
|
11:15 a.m. - 12:00 p.m.
|
Collateral Value Uncertainty, Mortgage Credit, and the Homeownership Gap, Anthony Lee Zhang and Erica Jiang
|
KGH 4101
|
|
12:00 p.m. - 1:00 p.m.
|
Lunch
|
KGH 4101
|
|
1:00 p.m. - 1:45 p.m.
|
Government and Private household Debt Relief During Covid-19, Susan Cherry, Erica Jiang, Gregor Matvos, Tomasz Piskorski and Amit Seru
|
KGH 4101
|
|
1:45 p.m. - 2:00 p.m.
|
Break
|
KGH 4101
|
|
2:00 p.m. - 2:45 p.m.
|
From Mancession to Shecession: Women’s Employment in Regular and Pandemic Recessions, Titan Alon, Sena Coskun, Matthias Doepke, David Koll and Michele Tertilt
|
KGH 4101
|
|
2:45 p.m.
|
Conference Concludes
|
Logistics
Getting Here & Parking
Air
Major airlines fly into both O’Hare International Airport and Midway International Airport. O’Hare Airport is approximately 45 minutes from Kellogg and Midway Airport is approximately 60 minutes from Kellogg, but you may want to allow more time for traffic.
Taxi
Taxi service from both airports can be arranged in advance of your visit for a reduced fare. Pre-arranged rides start at approximately $35 from O’Hare and $50 from Midway. For up-to-date fare information, please contact a taxi service directly.
We are happy to provide a parking permit for visitors that drive to campus. Upon arriving, park the North Campus Parking Garage (2311 North Campus Drive.) Before leaving campus make sure to ask the staff for a validated parking ticket to exit the garage.
Major airlines fly into both O’Hare International Airport and Midway International Airport. O’Hare Airport is approximately 45 minutes from Kellogg and Midway Airport is approximately 60 minutes from Kellogg, but you may want to allow more time for traffic.
Taxi
Taxi service from both airports can be arranged in advance of your visit for a reduced fare. Pre-arranged rides start at approximately $35 from O’Hare and $50 from Midway. For up-to-date fare information, please contact a taxi service directly.
- Northshore Cab Company: 847.864.7500
- American Taxi: 847.255.9600
- Uber
- Lyft
We are happy to provide a parking permit for visitors that drive to campus. Upon arriving, park the North Campus Parking Garage (2311 North Campus Drive.) Before leaving campus make sure to ask the staff for a validated parking ticket to exit the garage.
Public Transportation
The Chicago Transit Authority (CTA) maintains an extensive system of elevated trains (also known as “the L”) and buses throughout Chicago and Evanston. The train stop closest to Kellogg is the Purple Line Foster stop on Church and Davis Streets. The 201 bus departs from the Howard St. terminal and stops on the corner of Foster and Sheridan.
Be advised, while inexpensive, taking the CTA from the airport can take up to 90 minutes and requires transferring trains.
Past Conferences
2018 Presentations
| Time | Event | Location |
|---|---|---|
|
8:30 a.m. - 9:15 a.m.
|
State Dependency and the Efficacy of Monetary Policy: The Refinancing Channel
Martin Eichenbaum, Northwestern University Sergio Rebelo, Northwestern University Arlene Wong, Princeton University |
Seminar Room 4101
|
|
9:15 a.m. - 10:00 a.m.
|
Bank Balance Sheet Capacity and the Limits of Shadow Banks
Greg Buchak, University of Chicago Gregor Matvos, University of Texas Austin Tomasz Piskorski, Columbia University Amit Seru, Stanford University |
Seminar Room 4101
|
|
10:15 a.m. - 11:00 a.m.
|
Credit Supply and Housing Speculation
Atif Mian, Princeton University Amir Sufi, University of Chicago |
Seminar Room 4101
|
|
11:15 a.m. - 12:00 p.m.
|
Dollar Safety and the Global Financial Cycle
Arvind Krishnamurthy, Stanford University Hanno Lustig, Stanford University Zhengyang Jiang, Northwestern University |
Seminar Room 4101
|
|
1:00 p.m. - 1:45 p.m.
|
Liquidity vs. Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession
Pascal Noel, University of Chicago Peter Ganong, University of Chicago |
Seminar Room 4101
|
|
2:00 p.m. - 2:45 p.m.
|
No Job, No Money, No Refi: Frictions to Refinancing in a Recession
Anthony DeFusco, Northwestern University John Mondragon, Northwestern University |
Seminar Room 4101
|
|
2:45 p.m. - 3:30 p.m.
|
Mortgage Prepayment and Path-Dependent Effects of Monetary Policy
David Berger, Northwestern University Konstantin Milbradt, Northwestern University Fabrice Tourre, Northwestern University Joseph Vavra, University of Chicago |
Seminar Room 4101
|