Working Papers

 

The Ziman Center was established to create and administer UCLA's activities surrounding the topic of real estate. To advance this mandate, the Center has built a community of leading scholars who undertake real estate-related research. The Working Papers series is made up of research undertaken by the Center's Affiliated Faculty and Fellows, who join the Center from departments throughout the UCLA campus, including management, economics, law, public policy, urban planning, public health, engineering, architecture and geography. Working papers are the first step to published research, and the purpose of the series is to widely distribute the results of high-quality research. At regular intervals the Ziman Center prepares research briefs that provide insights into research to the wider real estate community.

2021

WP # Title Author(s)
7 Booms and Busts in Housing Market and Health Outcomes for Older Americans Dahai Yue and Ninez A Ponce
6 The (Online) Politics of Housing in the United States: Decoding Debates on ‘Housing Twitter’ Andre Comandon and Kenton Card
5 More Than Shelter: The Effects of Rental Eviction Moratoria on Household Well-Being Xudong An, Stuart A. Gabriel, and Nitzan Tzur-Ilan
4 Saving Black Homeownership: Just and Fair Pandemic Relief and Recovery Paul M. Ong, Chhandara Pech, Tracey Beltrán and Lori R. Gay
3 Default Option Exercise over the Financial Crisis and Beyond (revised) Xudong An, Yongheng Deng and Stuart A. Gabriel
2 A Crisis of Missed Opportunities? 
Foreclosure Costs and Mortgage Modification During the Great Recession (revised)
Stuart A. Gabriel, Matteo Iacoviello and Chandler Lutz
1 In Search of Affordable Sustainability Emma M. French, Jason Karpman, Eric Dasmalchi and Sam Lau

2020

WP # Title Author(s)
14 Cities, Productivity, and Trade Alvaro Garcia-Marin, Andrei Potlogea, Nico Voigtländer and Yang Yang
13 California Neighborhoods and COVID-19 Vulnerabilities Paul M. Ong, Chhandara Pech and Megan Potter
12 Transforming Homeowners into Landlords: A Survey of Homeowners with Accessory Dwelling Units in Los Angeles Rebecca E. Crane
11 Los Angeles Neighborhoods and COVID-19 Medical Vulnerability Indicators: A Local Data Model for Equity in Public Health Decision-Making Paul M. Ong, Chhandara Pech, Nataly Rios Gutierrez and Vickie M. Mays
10 COVID-19 and Renter Distress: Evidence from Los Angeles Michael Manville, Paavo Monkkonen, Michael C. Lens and Richard K. Green
9 Are Residential Energy Efficiency Programs Effective? An Empirical Analysis in Southern California Yating Chuang and Magali Delmas
8 Systemic Racial Inequality and the COVID-19 Homeowner Crisis Karna Wong, Paul M. Ong and Silvia R. González
7 Book-to-Market, Mispricing, and the Cross-Section of Corporate Bond Returns Söhnke M. Bartram, Mark Grinblatt and Yoshio Nozawa
6 Political Threat and Propaganda: Evidence from the U.S. South Sebastian Ottinger and Max Winkler
5 Betting on the House: Subjective Expectations and Market Choices Ricardo Perez-Truglia and Nicolas Bottan
4 Cash to Spend: IPO Wealth and House Prices (revised) Barney Hartman-Glaser, Mark Thibodeau and Jiro Yoshida
3 Economic Impacts of the COVID-19 Crisis in Los Angeles: Identifying Renter-Vulnerable Neighborhoods Paul Ong, Chhandara Pech, Elena Ong, Silvia R. González and Jonathan Ong
2 A Crisis of Missed Opportunities?
Foreclosure Costs and Mortgage Modification During the Great Recession (revised)
Stuart A. Gabriel, Matteo Iacoviello and Chandler Lutz
1 The Valuation of Local Government Spending: Gravity Approach and Aggregate Implications Wookun Kim

2019

WP # Title Author(s)
9 Default Option Exercise over the Financial Crisis and Beyond (revised) Xudong An, Yongheng Deng and Stuart A. Gabriel
8 Living in the 21st Century Schoolyard: Exploring the School-Housing Nexus in Southern California Dana Cuff, Gus Wendel, Rayne Laborde, Katherine Taylor-Hasty and Kenny Wong
7 Cash to Spend: IPO Wealth and House Prices Barney Hartman-Glaser, Mark Thibodeau and Jiro Yoshida
6 Returns to Owner-Occupied Housing and Wealth Inequality Paula Beltran, David Lindsay and Diego Zuniga
5 A Crisis of Missed Opportunities?
Foreclosure Costs and Mortgage Modification During the Great Recession (revised)
Stuart A. Gabriel, Matteo Iacoviello and Chandler Lutz
4 Liquidity Provision, Credit Risk and the Bond Spread: New Evidence from the Mortgage Market Xudong An and Timothy J. Riddiough
3 Neighborhood Foreclosure Concentration and the Decision to Default Xudong An, Yongheng Deng, Stuart A. Gabriel and Chenxi Luo
2 Wall Street Single-Family Homes in Los Angeles County: An Analysis of Invitation Homes Deirdre Pfeiffer, Silvia R. González, Paul M. Ong, and Chhandara Pech
1 Religion, Ideology, and Housing Affordability: Israeli Settlement of the West Bank Danny Ben-Shahar, Stuart A. Gabriel, and Roni Golan

2017

 
WP # Title Author(s)
10 The Wealth Building Home Loan Stephen D. Oliner, Tobias Peter and Edward J. Pinto
9 The Impact of Unconventional Monetary Policy on Real Estate Markets (revised) Stuart A. Gabriel and Chandler Lutz
8 Too Big to Disclose: Firm Size and Materiality Blindspots in Securities Regulation George S. Georgiev
7 Competing for Deal Flow in Mortgage Markets Darren J. Aiello, Mark J. Garmaise and Gabriel Natividad
6 Housing Affordability and Inequality: A Consumption-Adjusted Approach Danny Ben-Shahar, Stuart A. Gabriel, and Roni Golan
5 Are Lemons Sold First? Dynamic Signaling in the Mortgage Market Manuel Adelino, Kristopher Gerardi and Barney Hartman-Glaser
4 Collateral Constraints, Wealth Effects, and Volatility: Evidence from Real Estate Markets (revised) Barney Hartman-Glaser and William Mann
3 Peak Load Energy Management by Direct Load Control Contracts Ali Fattahi, Sriram Dasu, Reza Ahmadi
2 The Effectiveness of U.S. Energy Efficiency Building Labels Omar Isaac Asensio and Magali A. Delmas
1 A Crisis of Missed Opportunities?
Foreclosure Costs and Mortgage Modification During the Great Recession
 (revised)
Stuart A. Gabriel, Matteo Iacoviello and Chandler Lutz
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2016

 
WP # Title Author(s)
19 On the Interest Rate Sensitivity of REITs: Evidence from Twenty Years of Daily Data David Shulman
18 Nowhere to Run, Nowhere to Hide: Asset Diversification in a Flat World John Cotter, Stuart A. Gabriel and Richard Roll
17 Public School Quality Valuation Over the Business Cycle Stuart Gabriel, Owen Hearey, Matthew E. Kahn and Ryan K. Vaughn
16 Collateral Constraints, Wealth Effects, and Volatility: Evidence from Real Estate Markets Barney Hartman-Glaser and William Mann
15 The Effect of Rising Income Inequality Across Neighborhoods on Local School Funding and Enrollment Owen Hearey
14 A Crisis of Missed Opportunities?
Foreclosure Costs and Mortgage Modification During the Great Recession
Stuart A. Gabriel, Matteo Iacoviello and Chandler Lutz
13 Coal Smoke and the Costs of the Industrial Revolution W. Walker Hanlon
12 Was Entry into the WTO Worth It: Environmental Consequences of Trade Liberalization Yuan Tian
11 Green Building Labels Spur Major CO2 Reductions, But Leave Small Business Behind Omar Isaac Asensio and Magali A. Delmas
10 Mortgage Default Risk: New Evidence From Internet Search Queries (revised) Marcelle Chauvet, Stuart A. Gabriel and Chandler Lutz
9 Globalization and Its (Dis-)Content: Trade Shocks and Voting Behavior Christian Dippel, Robert Gold, Stephan Heblich
8 Race, Ethnicity, and Income Segregation in Los Angeles Paul Ong, Chhandara Pech, Jenny Chhea, C. Aujean Lee
7 Exporting and Plant-Level Efficiency Gains: It's in the Measure Alvaro Garcia-Marin and Nico Voigtländer
6 Residual Value Capture in Subsidized Housing Brandon M. Weiss
5 Information Exploitation? A Pre-Crisis RMBS Issuer's Private Information Darren Aiello
4 Slippery Slope or Wake-up Call? Negative Credit: Rating Shocks for Consumers? Mark J. Garmaise and Gabriel Natividad
3 Macroeconomic-driven Prepayment Risk and the Valuation of Mortgage-Backed Securities Mikhail Chernov, Brett R. Dunn, Francis A. Longstaff
2 Default Option Exercise over the Financial Crisis and Beyond (revised) Xudong An, Yongheng Deng and Stuart A. Gabriel
1 Residential Land Values in the Washington, DC Metro Area: New Insights from Big Data Morris A. Davis, Stephen D. Oliner, Edward J. Pinto and Sankar Bokka
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2015

 
WP # Title Author(s)
20 Rental Yields and HPA: The Returns to Single Family Rentals Andrew Demers and Andrea Eisfeldt
19 State Taxes and Spatial Misallocation Pablo D. Fajgelbaum, Eduardo Morales and Juan Carlos Suarez Serrato
18 Pollution and Mortality in the 19th Century W. Walker Hanlon
17 Bundled Parking and Residential Rents in the Metropolitan United States C.J. Gabbe, Gregory Pierce and Randall Crane
16 Voting With Your Senses? The Impact of Local Environmental Conditions on Preferences for Environmental Regulation Magali A. Delmas and Stephen L. Locke
15 Assessing House Price Effects on Unemployment Dynamics Francois Geerolf and Thomas Grjebine
14 Do Housing Choice Voucher Recipients Import Crime? Steven Raphael and Michael A. Stoll
13 Impacts of the Widening Divide - Why is LA's Homeownership Rate So Low? Paul M. Ong, Rosalie Ray and Silvia Jimenez
12 Self-Protection Investment Exacerbates Air Pollution Exposure Inequality in Urban China Siqi Zheng, Cong Sun and Matthew E. Kahn
11 The Birth of Edge Cities in China: Measuring the Spillover Effects of Industrial Parks Siqi Zheng, Weizeng Sun, Jianfeng Wu and Matthew E. Kahn
10 State Owned Enterprises in China's Housing Boom: A Case Study of Chengdu, Sichuan Paavo Monkkonen, Guoying Deng and Wanyang Hu
9 Econometric Analysis of Spatial General Equilibrium Michael Beenstock, Daniel Felsenstein and Dai Xieer
8 Endogenous City Disamenities: Lessons from Industrial Pollution in 19th Century Britain W. Walker Hanlon
7 How Economic Development Shapes Household Structure and the Age of Leaving Home and Household Formation: Evidence from 67 countries’ ‘Big Microdata’ Paavo Monkkonen
6 Urban Spatial Structure and Motorization in China Bindong Sun, Tinglin Zhang, Zhou He and Rui Wang
5 The Political Economy of State and Local Investment in Pre-K Programs Matthew E. Kahn and Kyle Barron
4 Do Strict Land Use Regulations Make Metropolitan Areas more Segregated by Income? Michael C. Lens and Paavo Monkkonen
3 Death and the Media: Asymmetries in Infectious Disease Reporting During the Health Transition Dora L. Costa and Matthew E. Kahn
2 How Fast are Semiconductor Prices Falling? David M. Byrne, Stephen D. Oliner and Daniel E. Sichel
1 Title Congressional Influence As a Determinant of Subprime Lending (revised) Stuart A. Gabriel, Matthew E. Kahn and Ryan K. Vaughn
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