Research

Real Estate

“How Much of a Good Thing? The Effects of Concentrated LIHTC Development on Surrounding House Prices,” (with Raphael W. Bostic, Andrew Jakabovics, Richard Voith, Sean Zielenbach, Brian Y. An, Jing Liu, and Seva Rodnyansky), Working Paper, 2019.

“Small and Medium Multifamily Housing: Affordability and Availability,” (with Brian Y. An, Raphael W. Bostic, Andrew Jakabovics, and Seva Rodnyansky), Working Paper, 2019.

“The Cost of Building Multifamily Housing: Estimating the Marginal Impact of Construction Inputs,” (with Michael D. Eriksen), Working Paper, 2019.

“The Lifetime Cost of Low-Income Housing Subsidies: How to Maintain, Renovate, and Preserve Affordability for the Long Run,” (with Michael D. Eriksen), Working Paper, 2019.

“The Physical Legacy of Racism: How Redlining Cemented the Modern Built Environment,” (with Brian Y. An and Seva Rodnyansky), Working Paper, 2019.

“Rental Affordability in the Wake of Natural Disasters,” (with Brian Y. An, Andrew Jakabovics, Seva Rodnyansky, and Raphael W. Bostic), Working Paper, 2019.

For Whom the Price Grows: Monetary Policy and the Housing Distribution,” Working Paper, 2019.

“What’s Lost in the Aggregate: Lessons from a Local Index of Housing Supply Elasticities,” (with Christian L. Redfearn), Working Paper, 2019.

Does Housing (Production) Predict Recessions?” Working Paper, 2019.

Where’s the Winning?” Working Paper, 2019.

Why Are Small and Medium Multifamily Properties So Inexpensive?” (with Brian Y. An, Raphael W. Bostic, Andrew Jakabovics, and Seva Rodnyansky), Forthcoming at Journal of Real Estate Finance & Economics, 2019.

“Understanding the Small and Medium Multifamily Housing Stock,” (with Brian Y. An, Raphael W. Bostic, Andrew Jakabovics, and Seva Rodnyansky), Report for Enterprise Community Partners and the USC Bedrosian Center on Governance, 2017. (short version, long version)

Finance

“Oil at Risk: Terrorism and Accelerated Carbon Extraction in the Middle East and North Africa,” (with Ryan K. Merrill), R&R at Energy Economics, 2019.

The Foundation of the Pyramid: Hedge Funds, Systematic Risk, and the Market for Mortgage-Backed Securities,” Working Paper, 2019.

Global Forces, Local Consequences: The Role of Foreign Investment and HNWI Money in US Real Estate Markets,” Report for the Dialogue of Civilizations Research Institute, 2018.

When the Invisible Hand Isn’t a Firm Hand: Disciplining Markets That Won’t Discipline Themselves,” (with Raphael W. Bostic), in Evidence and Innovation in Housing Law and Policy, edited by Lee Anne Fennell and Benjamin J. Keys, Cambridge University Press, 2017.

Booms and Busts in Real Estate,” (with Susan M. Wachter), Wharton Real Estate Review, 2011.

Public Policy

“Breaking Down Silos to Improve Elderly Health: The Case for Medicare to Cover Home Safety Renovations,” (with Richard K. Green), Under Review, 2019.

The Role of Transparency in Promoting Healthy Behaviors: Pros, Cons, and Perils of Information-Sharing to Foster Personal Responsibility in Health Care,” (with Arnold J. Rosoff), in Transparency in Health and Health Care in the United States: Ethics and Law, edited by Holly Fernandez Lynch, I. Glenn Cohen, Carmel Schachar, and Barbara J. Evans, Cambridge University Press, 2019.

The New Privacy Crisis: What’s Health Got to Do with It?” (with Arnold J. Rosoff), American Journal of Medicine, 132(2): 127-128, 2019.

Fast-Forward to the Frightening Future: How the 21st Century Cures Act Accelerates Technological Innovation…at Unknown Risk to Us All,” (with Arnold J. Rosoff), American Journal of Law & Medicine, 2018.

Finding Resources to Uplift Ordinary People (RUOPs),” (with Bruce S. Jansson), in Reducing Inequality: Addressing the Wicked Problems Across Professions and Disciplines, by Bruce S. Jansson, Cognella Academic Publishing, 2018.

Sustainable Financing Structures for Population Health: Historical Patterns and Insights for the Future,” (with Raphael W. Bostic), in Building Sustainable Financial Structures for Population Health: Insights from Non-Health Sectors, The National Academies Press, 2017.

Employers and Health Insurance Under the Affordable Care Act,” (with Arnold J. Rosoff), Annals of Health Law, 2015.