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Associate Professor
Stanley Hamilton Professorship in Real Estate Finance
Director, UBC Centre for Urban Economics and Real Estate
Sauder School of Business
University of British Columbia
2053 Main Mall, Vancouver, BC, Canada, V6T 1Z2
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Income Sorting: Measurement and Decomposition (Journal of Urban Economics, 58(2), September 2005, 289-303)
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Annuities and Individual Welfare (joint with Jeffrey Brown and Peter Diamond) (American Economic Review 95(5), December 2005, 1573-1590)
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Labor Income, Housing Prices and Homeownership (Journal of Urban Economics, 59(2), March, 2006, 209-235 )
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Supply Constraints and Housing Prices (Joint with Saku Aura) (Economics Letters, 99(2), May 2008, pp.275-277)
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Housing, Health, and Annuities (Journal of Risk and Insurance, 76(1), March, 2009, 31-52)
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Home Equity Commitment and Long-Term Care Insurance Demand (Journal of Public Economics, 94 (1), February, 2010, 44-49)
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What Explains Manhattan's Declining Share of Residential Construction? (Journal of Public Economics, 94(7), August 2010, 508-514)
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Supply Elasticity and the Housing Cycle of the 2000s (Real Estate Economics, 41(4), 2013, 793-813)
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An Analysis of Constrained Property Taxes in a Simple Optimal Tax Model (Joint with Saku Aura) (CESIfo Economic Studies, 58(3), September, 2012, 525-543)
- Can "High Costs" Justify Weak Demand for the Home Equity Conversion Mortgage? (Forthcoming, Review of Financial Studies)
- Supply Constraints are Not Valid Instrumental Variables for Home Prices Because They are Correlated with Many Demand Factors (forthcoming, Critical Finance Review)
- Reverse mortgages: What homeowners (don’t) know and how it matters (With Patrick Gerhard and Thomas Post), (Journal of Economic Behavior & Organization, V133, January 2017, 151–171)
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Maintenance and the Home Equity of the Elderly (revised 7/06)
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Long Term Care Insurance (Handbook of Insurance, 2013, Georges Dionne, Editor)
- Do Reverse Mortgage Borrowers Use Credit Ruthlessly? (joint with Jake Wetzel)
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Reverse Mortgage Demographics and Collateral Performance
Vancouver Housing Policy Reform
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