Federal Reserve Bank of Saint-Louis and University of Wisconsin-Madison
Housing- Urban-Labor-Macro (HULM) Conference
April 12th and 13th at the Saint-Louis Fed


Questions?  Call/Text Erwan at 608 957 6781 or email equintin@bus.wisc.edu




For a list of attendees, click here

2013 Spring Conference Sponsors (THANK YOU!)

·         Federal Reserve Bank of St. Louis

·         Washington University, Department of Economics, Weidenbaum Center and Center for Dynamic Economics (CEDEC)

·         Olin Business School and Center for Research in Economics and Strategy (CRES)

·         Wisconsin School of Business, Department of Real Estate and Urban Land Economics



Previous HULM Conferences

Next HULM Conferences

Hotel information



Conference Agenda:


Friday, April 12th


8:30am – 9:25am, Registration and Continental Breakfast


9:25am – 9:30am, Opening Remarks 


9:30am – 10:30am, Makoto Nakajima, Philadelphia Fed

      Reverse Mortgage Loans: A Quantitative Analysis (with Irina Telyukova)

Discussion by Fang Yang


10:30am – 11:30am, Yuliy Sannikov, Princeton

      A Macroeconomic Model with a Financial Sector (with Markus Brunnermeier )

Discussion by Yili Chien


11:30am – 12:30pm, Roman Sustek, Southampton

Housing Dynamics over the Business Cycle (with Finn Kydland and Peter Rupert) 

Discussion by Erik Hembre



12:30pm – 1:30pm, Lunch 


1:30pm – 2:30pm, Rachel Ngai, LSE

The Ins and Outs of Selling Houses (with Kevin Sheedy) 


Discussion by Allen Head


2:30pm – 3:30pm, William Strange, University of Toronto

What is the Role of the Asking Price for a House? (with Lu Han)
Discussion by Jim Albrecht


3:30pm – 4:00pm, Break


4:00pm – 5:00pm , Kristle Cortιs, Cleveland Fed

Did Local Lenders Forecast the Bust? Evidence from the Real Estate Market
Discussion by Steven Laufer


5:00pm – 6:00pm, Daniel McMillen, University of Illinois

Assessments and Property Tax Variability:  A Quantile Approach
Discussion by Yannis Ioannides




7:00pm, Dinner, at TBA

Sponsored by Washington University, Department of Economics and Olin Business School



Saturday, April 13th


8:00am – 8:30am, Continental Breakfast


8:30am – 9:30am, Paul Sullivan, BLS

Implications of U.S. Tax Policy for House Prices and Rents (with Kamila Sommer)

Discussion by Weicheng Lian


 9:30am – 10:30am, Matteo Iacoviello, Board of Governors

      Collateral Constraints and Macroeconomic Asymmetries (with Luca Guerrieri)

Discussion by Daphne Chen


10:30am – 11:00am, Break


11:00am – 12:00pm, Holger Sieg, Penn

Modeling and Estimating the Price-Quality Frontier in Markets for Durable Housing (with Dennis Epple and Luis Quintero)

Discussion by Chris Cunningham


12:00pm, Depart




·         Hotel information:


Attendees who requested a reservation should have received an email from Sandra Butler with their confirmation information. Please contact Sandra if you haven’t.  The conference hotel is the Hampton Inn St. Louis-Downtown (At the Gateway Arch).


·         Getting to Downtown St. Louis from Lambert Airport:


Taxis are readily available at the airport, outside of both the main and east terminals. The trip to downtown St. Louis takes approximately 20-30 minutes and costs approximately $35.

MetroLink, St. Louis’ light-rail system, connects the main and east terminals of Lambert-St. Louis International Airport to the downtown area. The total travel time from the airport is approximately 30 minutes, and the train runs every 10 to 30 minutes, depending upon the time of day. Call 314-231-2345 for detailed schedule information and current ticket prices, or visit www.metrostlouis.org. If you take the train, disembark at the Convention Center Station, located on the corner of Washington Avenue and Sixth Street. Walk one block south on Sixth Street to Locust Street. Turn left (east), and continue one block to Broadway. The Bank is located at the intersection of Broadway and Locust. The total distance is .2 miles. (Because of the distance from the station to the Bank, this option is not recommended for people with several suitcases, heavy luggage or physical limitations. )


Previous HULM Conferences


·         2012 Fall         @ Federal Reserve Bank of Chicago

·         2012 Spring     @ Federal Reserve Bank of Boston

·         2011 Fall         @ Federal Reserve Bank of Chicago

·         2011 Spring     @ Federal Reserve Bank of Atlanta

·         2010 Fall         @ Federal Reserve Bank of St. Louis

·         2010 Spring     @ Federal Reserve Bank of Chicago

·         2009 Fall         @ Federal Reserve Bank of Atlanta




Next HULM Conferences

·         2013 Fall         @ Federal Reserve Bank of Chicago

·         2014 Spring     @ Center for Real Estate Finance Research, NYU Stern

·         2014 Fall         @ Federal Reserve Bank of Chicago

·         2015 Spring     @ Federal Reserve Bank of St. Louis