Housing: microdata, macro problems

Date:	19 June 2017 - 20 June 2017 \| 09:00 - 17:00
Organisers:	Philippe Bracke Bank of England , Jonathan Halket cemmap and Essex , Lars Nesheim cemmap and UCL , Tarun Ramadorai Imperial College London
Location:	Bank of England - Threadneedle Street London EC2R 8AH
Price:	TBC

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A host of issues continue to limit understanding of the role housing markets play in the dynamics of financial markets and the wider macro economy. Mortgage and bankruptcy constraints, individual tenure and portfolio choices, potential frictions in the labour, housing and mortgage markets remain promising avenues for theoretical and empirical research and debate. Arguments about policies often hinge on particular modelling assumptions. Which assumptions are of first-order importance? Microdata or theoretical models that shed light on these issues are sought.

The conference will feature 10-12 papers that tackle housing issues from a variety of angles. Participants from near and far are invited. Examples of issues to be considered are:

Mortgage and bankruptcy constraints in equilibrium
Role of individuals’ beliefs and expectations about income and house prices
Interactions between housing and labour market choices
Tenure choice: Why does anyone buy a house?
Housing supply
Contracting frictions in housing and mortgage markets
The effects of recent and not-so recent housing/mortgage policies
International comparisons

Accommodation costs and some travel costs will be covered for invited participants. We especially encourage submissions and participation from Early Career Researchers.

If you would like to present a paper, please send a draft or an extended abstract through http://editorialexpress.com/conference/HMMP2017/ by January 15, 2017.