Thursday, October 25, 2007

A paper on Homeowner's beliefs and how they affect behavior

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This is by Sumit Agarwal in the most recent issue of Real Estate Economics. Using a unique dataset of 81,943 house value estimates by the ho...
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James Baughman has a new book

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It is on the history of the infancy and adolescence of television. It gets a nice review here in the New Yorker: http://www.newyorker.com/a...
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Housing and Leverage

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As they try to sell houses in a poor market, some real estate brokers are advising that housing is a good investment because on a leveraged ...
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A stunningly bad Existing Home Sales Number

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The September Existing Home Sales number came out yesterday, and it is off by roughly 20 percent from a year ago (it is a little less than t...
Sunday, October 21, 2007

No one is better at defending himself than...

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Paul Krugman. David Kennedy had a silly review of his book in the NYT. Krugman's pithy response, http://krugman.blogs.nytimes.com/2007...
1 comment:
Thursday, October 18, 2007

Cost-Benefit Analysis: What is the correct discount rate? Growth rate?

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I was working on a paper with Chris Redfearn last week, and he raised one of the most interesting puzzles in economics: how to we think abou...
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Wednesday, October 17, 2007

Forecasting the Housing Market

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I was reading the NAR forecast this morning. They say that improvements in the mortgage market will cause a turnaround in the housing marke...
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Tuesday, October 16, 2007

Where is the Greatest Research University Agglomerationin the US?

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One would think it is in Boston, and in a sense, one would be right: there is nothing comparable to having MIT and Harvard down the street f...
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Friday, October 12, 2007

Matthew Kahn has a blog

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And it is good: http://greeneconomics.blogspot.com/
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Thursday, October 04, 2007

Research University Rankings

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Here is a nice compendium of fun facts about research Universities: http://mup.asu.edu/research_data.html One thing the surprised me is that...
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This paper is a lot of fun

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It ranks concert halls by acoustical quality. Concert halls are, after all, a type of real estate. http://www.leoberanek.com/pages/eightyei...
Friday, September 28, 2007

The Future of the GOP?

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Data from the US Census. Population Projections. Couldn't help but think about this while I watched the debate for a few minutes last ni...
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Thursday, September 27, 2007

When leaving the Ukraine

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Don't wear a sportscoat or a suit or anything that might make it appear that you have money. The following conversation more or less ha...
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Lots of people are posting this

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So I will join them: http://www.etc.cmu.edu/global_news/?q=node/42 Pausch is magnificent. He is also about my age (he's six months youn...
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Wednesday, September 26, 2007

The Argumentative Indian

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About a year ago, my Senior Associate Dean recommended Sen's book to me; my wife bought it for me the other day. It is so far very goo...
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Thursday, September 20, 2007

Is the Ukraine the most efficient country in the World?

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In one respect, it appears to be. The bid-ask spread for currencies is less than .5 percent. It is hard to imagine how the small cambios in ...
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Sunday, September 16, 2007

Bethesda House Prices

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Forgive the selfishness of reporting a price index for my neighborhood, but I was just looking at Zillow data. The top line (light blue) is ...
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Silly things.

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There are blogs that blame the National Association of Realtors for the run-up in house prices, saying that without their cheer leading of t...
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Not to be snarky, but...

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Leslie Stahl, in introducing a section of her 60 minutes interview with Alan Greenspan, said, "Alan Greenspan will give his economic pr...
Friday, September 14, 2007

This is Disheartening

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http://www.latimes.com/news/local/la-me-ucilaw13sep13,0,5893599.story?coll=la-home-center I thought UC-Irvine was a school on the rise. I n...