Thursday, May 19 |
Welcoming remarks Jack Guynn, President, Federal Reserve Bank of Atlanta |
Government-sponsored enterprises (links off-site) Alan Greenspan, Chairman, Board of Governors |
General Equilibrium Models with Housing: Part I
1. “First Time Home Buyers” (paper not available) Discussant: Pedro Silos, University of Iowa 2. “Mortgage Contracts and Housing Tenure-Duration Decision” Discussant: Suparna Chakraborty, University of Minnesota |
Equilibrium House Prices 1. “The Long-Run Relationship Between House Prices and Rents” Discussant: Nancy Wallace, University of California Berkeley 2.“Did Changing Rents Explain Changing House Prices During the 1990s?” Discussant: Andreas Lehnert, Board of Governors |
3. “House Prices, Interest Rates, and Macroeconomic Fluctuations: International Evidence” Discussant: Michael Fratantoni, Mortgage Bankers Association Housing as a Financial Asset 1.“Asset Price Persistence and Real Estate Illiquidity: Evidence from Japanese Land Values” John Krainer, Federal Reserve Bank of San Francisco Discussant: Morris Davis, Board of Governors |
2. “Inflation and the Price of Real Assets” (paper not available) Discussant: Cesare Robotti, Federal Reserve Bank of Atlanta 3. “Housing, House Prices, and the Equity Premium Puzzle” Discussant: Martin Schneider, New York University |
Friday, May 20 |
Mortgage Finance 1.“An Analysis of the Potential Competitive Impacts of Basel II Capital Standards on U.S. Mortgage Rates and Mortgage Securitization” Discussant: Anne Gron, Northwestern University 2.“Selection and Moral Hazard in the Reverse Mortgage Market” Discussant: John Krainer, Federal Reserve Bank of San Francisco |
General Equilibrium Models with Housing: Part II 1.“The Life-Cycle Effects of House Price Changes” Discussant: Carlos Garriga, Florida State University 2.“Consumption Along the Life Cycle: How Different is Housing?” Discussant: Joseph Nichols, University of Maryland |
Government Policy and Housing 1.“Housing and the Macroeconomy: The Role of Implicit Guarantees for Government-Sponsored Enterprises” Discussant: Cesaire Meh, Bank of Canada 2.“The Transmission of Monetary Policy Through Housing and Mortgage Markets” (paper not available) Discussant: William D. Lastrapes, University of Georgia |