Slides

Selected Presentations

1. Discussion of Del Valle, Scharlemann and Shore (2019), Indarte (2019) and Chava, Ganduri, Paradkar and Zeng (2019), Cleveland Fed OFR Financial Stability Conference, Cleveland, November 22, 2019
2. Discussion of "Expectations during the US Housing Boom: Inferring Beliefs from Actions" by Ben David, Towbin and Weber, Financial Dysfunction Conference, London School of Economics, June 6, 2019.
3. Presentation of "The Price-Rent Ratio in the Boom: Measurement and implications." Notre Dame Real Estate Conference, Chicago, May 23, 2019.
4. Presentation of "Cross-Sectional Patterns of Mortgage Debt During the Housing Boom: Evidence and Implications." Cowles Foundation for Research in Economics at Yale University, 15th Annual Conference on General Equilibrium and its Applications, New Haven, April 26-27, 2019
5. Discussion of Mian and Sufi (2018), "Credit Supply and Housing Speculation", NBER Monetary Economics Meeting, Cambridge, November 2, 2018
6. Discussion of Anenberg and Kung (2018) “Interest Rates and Housing Market Dynamics in a Housing Search Model,” UCLA-Federal Reserve Board Housing Conference, September 7, 2018.
7. Discussion of Benetton, Bracke, Cocco and Garbarino (2018), "Housing Affordability and Shared Equity Mortgages," NBER Summer Institute Household Finance Meeting, July 21, 2018
8. Policy and Research, MIT Center for Finance and Policy, July 18, 2017
9. Discussion of ``Do Labor Markets Discipline? Evidence from RMBS Bankers" by Griffin, Kruger and Maturana, Western Finance Association, June 27, 2017.
10. Thoughts on the Macroeconomy, MetroWest Economic Research Center, May 12, 2017
11. Revisiting the U.S. Mortgage Credit Boom of the 2000s: New Evidence and Explanations, 8th RECAPNET Conference on Behavioral Real Estate, Mannheim, November 4, 2016
12. Why did so many people make so many ex post bad decisions? The causes of the foreclosure crisis Bentley University. April 12, 2013

Lecture Notes

Ec2410, Advanced Topics in Macro (Graduate), Harvard Economics Dept., Spring 2017

1. Introduction: The great recession: Understanding the causes
2. Chapter 1: Debt Growth
3. Chapter 2: Mortgage Default
4. Chapter 3: House Prices
5. Chapter 3 (Part II): Prices and Foreclosures
6. Chapter 4: Institutions
7. Chapter 5: The Crisis
8. Chapter 6: Understanding Expectations

Ec1011b, Advanced Macro (Undergrad), Harvard Econ Dept., Spring 2017.

1. Introduction
2. Solow Growth Model
3. Ramsey Model
4. Productivity
5. Labor Markets with flexible prices
6. Unemployment
7. Intro to Financial Markets
8. Bubbles