Wednesday, December 30, 2009

Illness and Foreclosure (h/t Vanessa Perry)

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Christopher T. Robertson , Richard Egelhof, and Michael Hoke have a paper : Abstract: In recent years, there has been national alarm a...
8 comments:

Did California Overbuild its Housing Stock?

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It all depends on the relevant time frame. If we look at the 00's in isolation, California overbuilt. But California has grew by 7 mill...
12 comments:
Monday, December 28, 2009

Memorial for Arthur Goldberger at AEA meetings.

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Sunday, January 3, 2010: 10:15 am, Atlanta Marriott Marquis, Atrium Ballroom A Remembering Arthur S. Goldberger Presiding: James Heckman ...
1 comment:
Thursday, December 24, 2009

It's A Wonderful Life Fan Trailer

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4 comments:

News item on Fannie/Freddie CEO pay

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Bob Hagerty in the Wall Street Journal say s they will make $6 million each. This is absurd--they are now government agencies. It would not...
1 comment:
Wednesday, December 23, 2009

Paul Krugman should know better

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Civility is important to me. I am all for fighting the other guys' arguments tooth and nail, but try not to engage in name calling, bec...
3 comments:
Tuesday, December 22, 2009

The real problem with John Taylor's paper...

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...is that it asks the wrong question. The issue is not what would happen to rates without the Fed backstop to Fannie/Freddie, but whether ...
10 comments:
Monday, December 21, 2009

John Taylor says that the Fed could sell its MBS without having a material impact on interest rates

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His blog post is here . I will download the paper when I get into the office tomorrow ( I can only download NBER papers while on campus). B...
8 comments:
Friday, December 18, 2009

Paul Carrillo, Stephanie Cellini and I have a new paper

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Surfing for Scores: School Quality, Housing Prices, and the Changing Cost of Information The abstract: I n this paper we investigate the rel...
12 comments:
Thursday, December 17, 2009

Very Sad News from Wisconsin--RIP Arthur Goldberger.

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We lost one of our most influential econometricians and teachers of econometrics this week--Arthur Goldberger. The econ department's ob...
18 comments:
Wednesday, December 16, 2009

How pro-transit people shoot themselves in the foot.

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I read the following on the Seattle-based Alaska Viaduct project in the Infrastructurist : McGinn’s statements suggest that this megaproject...
8 comments:
Tuesday, December 15, 2009

Gregg Easterbrook has a good piece on college sports this week

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It begins: Charlie Weis and Bobby Bowden had to go -- Notre Dame and Florida State weren't winning every game! Get rid of the bums! All ...
12 comments:
Monday, December 14, 2009

Inquiry about Hyderabad

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I will be making my second visit to the Indian School of Business this coming January. If anyone out there has expertise in the Hyderabad r...
6 comments:
Sunday, December 13, 2009

Sameulson stands alone

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From the time I was in high school, I was told of a symmetry in economics: that the world had two leading economists, one on the right (Milt...
2 comments:

We will miss Paul Samuelson

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Mark Thoma picks out a couple of nice articles.

How lending decisions produce sub-optimal social outcomes

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The New York Times reports that many people who would like to refinance their mortgages into lower interest rate 30 year fixed rate mortgage...
5 comments:
Saturday, December 12, 2009

Case’s career rewarding by any measure - The Boston Globe

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Case’s career rewarding by any measure - The Boston Globe Posted using ShareThis
1 comment:
Thursday, December 10, 2009

The USC Casden forecast is on line

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It is at http://www.usc.edu/schools/sppd/lusk/casden/reports/pdf/2009-USC-Casden-Industrial-and-Office-Report.pdf We handed it out today on ...
3 comments:
Wednesday, December 09, 2009

When Gregg Easterbrook writes about something I know about, he almost always gets his facts wrong

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In his football column (which I like), he writes: A generation ago -- a decade ago! -- home buyers were expected to have a 20 percent down ...
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USC Student Jonathan Shum sends me to a Green Street Report on Capital Structure in the REIT Sector

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Its summary: A Cultural Affinity for Leverage: Until about twenty years ago, the structural make-up of the real estate industry (i.e. small ...
4 comments: