Federal Reserve Bank of St. Louis, Washington University and University of Wisconsin-Madison
Housing- Urban-Labor-Macro (HULM) Conference
April 10 and 11, 2015


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




For a list of attendees, click here

2015 Spring Conference Sponsors (THANK YOU!)

         Federal Reserve Bank of St. Louis

         Department of Economics, Washington University

         Center for Economic Dynamics , Washington University

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

         James A. Graaskamp Center for Real Estate



The conference will take place at on the campus of Washington University. Specifically, we will be at Seigle Hall, Room 304 for the Friday and Saturday sessions. For the dinner on Friday, April 10, 2015 we have Lopata Hall Gallery. For a campus map, go here. Seigle or Harry and Susan Seigle Hall is #97 on the map. Lopata Hall Gallery is in Lopata Hall which is number 63 on the map.

To go from the hotel to Seigle Hall, you can walk the 1.5 miles or take the train (East-bound train from the Clayton MetroLink Station to the U City Big Bend MetroLink Station. Morris will leave at 7:30am from the hotel lobby on Friday, feel free to join him.

Conference Agenda

Previous HULM Conferences

Next HULM Conferences

Hotel information



Conference Agenda:


Friday, April 10th


8:00am 9:00am, Registration and Continental Breakfast


8:55am 9:00am, Opening Remarks 


9:00am 10:00am, Klaus Desmet, Southern Methodist University

The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding (with David Nagi and Esteban Rossi-Hansberg)


10:00am 11:00am, Rachel Ngai, LSE

Moving House (with Kevin Sheedy)


11:00am 11:30am, Kristle Cortes, Cleveland Fed

Tracing Out Capital Flows: How Financially Integrated Banks Respond to Natural Disasters (with Philip Strahan)


11:30am 12:00pm, Mai Dao, IMF

Regional Labor Market Adjustments in the United States (with Prakash Loungani and Davide Furceri)



12:00pm 1:00pm, Lunch 


1:00pm 1:30pm, Kamila Sommer, Board of Governors

On the Effect of Student Loans on Access to Homeownership (with Alvaro Mezza and Shane Sherlund)


1:30pm 2:00pm, Ed Kung, UCLA

Mortgage Market Institutions and Housing Market Outcomes: A Dynamic General Equilibrium Approach


2:00pm 3:00pm, Elena Pastorino, Minnesota

Debt Constraints and Employment (with Pat Kehoe and Virgiliu Midrigan)


3:00pm 3:30pm, Break


3:30pm 4:30pm, Alvin Murphy, Arizona State University

Incorporating Dynamic Behavior into the Hedonic Model (with Kelly Bishop)

Discussion by Daniele Coen-Pirani


4:30pm 5:00pm, Albert Zevelev, Wharton

Regulating Mortgage Leverage: Fire Sales, Foreclosure Spirals and Pecuniary Externalities


5:00pm 5:30pm, Iannis Yoannides, Tufts

Vacancies in Housing and Labor Markets (with Jeff Zabel)



7:00pm, Dinner, at the Lopata Hall Gallery on the Campus of Washington University



Saturday, April 11th


8:00am 8:30am, Continental Breakfast


8:30am 9:00am , Anders Osterling, Stockholm University

Does the Asking Price Matter? Evidence from a Natural Experiment in Residential Real Estate


9:00am 9:30am, Derek Stacey, Ryerson

Advertised Prices in Decentralized Markets


9:30am 10:30am, Plamen Nenov, Norwegian Business School

Buying First or Selling First in Housing Markets (with Espen Moen and Florian Sniekers)


10:30am 11:00am, Break


11:00am 11:30am, Richard Green, USC

Financial Crisis and the Increase of Income Equality (with Jung Choi)


11:30am 12:00pm, Zheng Liu, San Francisco Fed

Land Prices and Unemployment (with Jianjun Miao and Tao Zha)



12:00pm, Depart




         Hotel information:

Sheraton Clayton Plaza Hotel, 7730 Bonhomme Avenue, St. Louis, Missouri, 63105.





Previous HULM Conferences


         2014 Fall @ Federal Reserve Bank of Chicago

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

         2013 Fall @ Federal Reserve Bank of Atlanta

         2013 Summer @ Laboratory for Aggregate Economics and Finance, UCSB

         2013 Spring @ Federal Reserve Bank of St. Louis

         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

         2015 Fall @ Federal Reserve Bank of Chicago