Details about Richard Green

E-mail:
Phone:	213-740-4093
Postal address:	Director, USC Lusk Center for Real Estate 650 Childs Way, Room 331B Los Angeles, CA 90089-0626
Workplace:	Lusk Center for Real Estate, Marshall School of Business, University of Southern California, (more information at EDIRC)

Access statistics for papers by Richard Green.

Last updated 2019-07-11. Update your information in the RePEc Author Service.

Short-id: pgr56

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Jump to Journal Articles Books Chapters

Working Papers

2015

1. Age, Demographics, and the Demand for Housing, Revisited
   Working Paper, USC Lusk Center for Real Estate
   See also Journal Article Age, demographics, and the demand for housing, revisited, Regional Science and Urban Economics, Elsevier (2016) View citations (10) (2016)
2. Demand for 'The 1%': Tax Incidence and Implications for Optimal Income Tax Rates
   Working Paper, USC Lusk Center for Real Estate View citations (4)
3. Housing Tenure and Unemployment
   Working Paper, USC Lusk Center for Real Estate
4. Measuring Housing Adequacy in Sao Paulo Metropolitan Region
   Working Paper, USC Lusk Center for Real Estate View citations (1)
5. Who Bears the Pen? Relative Income and Gender Gap in Mortgage Signing Order
   Working Paper, USC Lusk Center for Real Estate View citations (1)

2014

6. Human Capital Spillovers and Local Unemployment
   Working Paper, USC Lusk Center for Real Estate View citations (1)
7. Toward an Urban Housing Strategy
   Working Paper, USC Lusk Center for Real Estate

2013

8. Is the Art Market More Bourgeois Than Bohemian?
   Working Paper, USC Lusk Center for Real Estate View citations (3)
   See also Journal Article IS THE ART MARKET MORE BOURGEOIS THAN BOHEMIAN?, Journal of Regional Science, Wiley Blackwell (2014) View citations (6) (2014)

2012

9. Measuring the Benefits of Homeowning: Effects on Children Redux
   Working Paper, USC Lusk Center for Real Estate View citations (3)

2010

10. Housing Tenure Choice, Race and the Recommendations of the President’s Advisory Panel on Federal Tax Reform
    Working Paper, USC Lusk Center for Real Estate
11. Sunk Costs and Mortgage Default
    Working Paper, USC Lusk Center for Real Estate View citations (1)

2009

12. Forced Sale Risk: Class, Race, and The 'Double Discount'
    Working Paper, USC Lusk Center for Real Estate View citations (1)
13. Misaligned Incentives and Mortgage Lending in Asia
    Microeconomics Working Papers, East Asian Bureau of Economic Research View citations (1)
    Also in Working Paper, USC Lusk Center for Real Estate (2007)
    See also Chapter Misaligned Incentives and Mortgage Lending in Asia, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (1) (2009)
14. The Rise and Fall of Fannie Mae and Freddie Mac: Lessons Learned and Options for Reform
    Working Paper, USC Lusk Center for Real Estate View citations (1)

2007

15. The Housing Finance Revolution
    Working Paper, USC Lusk Center for Real Estate View citations (33)
    See also Journal Article The housing finance revolution, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (2007) View citations (17) (2007)

2006

16. Airports and Economic Development
    Working Papers, School of Business, The George Washington University
17. Mortgage Contracts and Household Risk Management
    Working Papers, School of Business, The George Washington University
18. Overcoming the Barriers to Mexican-American Homeownership
    Working Papers, School of Business, The George Washington University
19. The Performance of Default Risk Structural Models on Commercial Mortgages: An Empirical Investigation
    Working Papers, School of Business, The George Washington University

2005

20. Did Changing Rents Explain Changing House Prices During the 1990s?
    Working Papers, School of Business, The George Washington University View citations (6)
21. The American Mortgage in Historical and International Context
    Working Paper, USC Lusk Center for Real Estate View citations (128)
    See also Journal Article The American Mortgage in Historical and International Context, Journal of Economic Perspectives, American Economic Association (2005) View citations (127) (2005)

2001

22. Does the New Economy Drive the Santa Clara Housing Market?
    Berkeley Program on Housing and Urban Policy, Working Paper Series, Berkeley Program on Housing and Urban Policy View citations (2)

1999

23. Home Ownership and Unemployment in the U.S
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (13)
    See also Journal Article Home-ownership and Unemployment in the US, Urban Studies, Urban Studies Journal Limited (2001) View citations (56) (2001)
24. Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (9)
    See also Journal Article Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources, American Economic Review, American Economic Association (2005) View citations (234) (2005)
25. Nine Causes of Sprawl
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (4)
26. Stock Prices and House Prices in California: New Evidence of a Wealth Effect? A Note
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)
27. The Aging of the Baby Boom and the Future of Retail Sale
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research

1998

28. Optimal Asking Price and Bid Acceptance Strategies for Residential Sales (Revised)
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (2)
29. The Truth About Ostriches: Who Never Prepays their Mortgage and Why They Don’t
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (3)

1997

30. Income Taxes and House Prices
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (2)
31. Land Use Regulation and the Price of Housing in a Suburban Wisconsin County
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
    See also Journal Article Land Use Regulation and the Price of Housing in a Suburban Wisconsin County, Journal of Housing Economics, Elsevier (1999) View citations (24) (1999)

1996

32. Follow the Leader: How Changes In Residential and Non-Residential Investment Predict Changes in GDP
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (7)
    See also Journal Article Follow the Leader: How Changes in Residential and Non‐residential Investment Predict Changes in GDP, Real Estate Economics, American Real Estate and Urban Economics Association (1997) View citations (91) (1997)
33. Giving Households Credit: How Changes in the Tax Code Could Promote Homeownership
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
    See also Journal Article Giving households credit: How changes in the U.S. tax code could promote homeownership, Regional Science and Urban Economics, Elsevier (1999) View citations (37) (1999)
34. New Place to Place Housing Price Indexes for U.S. Metropolitan Areas, and Their Determinants: An Application of Housing Indicators
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (5)
35. Revisiting Cross-Tenure Differences in Home Maintenance and Conditions
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)
36. Taxes and House Prices
    ERES, European Real Estate Society (ERES) View citations (6)
37. Taxes, Mortgage Borrowing and House Prices
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (17)

1995

38. Age, Housing Demand, and Real House Prices
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (2)
    See also Journal Article Age, housing demand, and real house prices, Regional Science and Urban Economics, Elsevier (1996) View citations (48) (1996)
39. Increasing Homeownership Opportunities through Modification of the IRS Rules Affecting Owner-Occupied Housing
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
40. Is There Bias in Residential Appraisal?
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
41. Loan Loss and Time-to-Disposition in the Market for Distressed Single Family Properties
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
42. Optimal Asking Price and Bid Acceptance Strategies for Residential Sales
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (2)
43. Should the Stagnant Homeownership Rate Be a Source of Concern?
    Working Paper, USC Lusk Center for Real Estate View citations (3)
    Also in Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research (1995) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (2)
    See also Journal Article Should the stagnant homeownership rate be a source of concern?, Regional Science and Urban Economics, Elsevier (1996) View citations (23) (1996)
44. What’s Happened to the Bottom of the Housing Market?
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (5)

1994

45. Developing Confidence Intervals for Office Market Forecasts
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
    See also Journal Article Developing Confidence Intervals for Office Market Forecasts, The Journal of Real Estate Finance and Economics, Springer (1998) (1998)
46. Empirical Analysis of the Influence of Below-Market Initial Interest Rates on Adjustable-Rate Mortgages
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
47. Is the United States Harmed by Overinvesting in Housing?
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research
48. Measuring the Benefits of Homeowning: Effects on Children
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (3)
    See also Journal Article Measuring the Benefits of Homeowning: Effects on Children, Journal of Urban Economics, Elsevier (1997) View citations (200) (1997)

1993

49. Demographic Factors and Real House Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research (1992)
    Working Paper, USC Lusk Center for Real Estate (1993) View citations (5)
50. Urban Regulations and the Price of Land and Housing in Korea
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)
    See also Journal Article Urban Regulations and the Price of Land and Housing in Korea, Journal of Housing Economics, Elsevier (1994) View citations (11) (1994)

1992

51. Toward a Secondary Commercial Mortgage Market: Standardization and Credit Risk Evaluation Issues
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)

1991

52. Do Teaser-Rate Adjustable-Rate Mortgages Make Owner Occupied Housing More Affordable?
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)
    See also Journal Article Do Teaser-Rate Adjustable-Rate Mortgages Make Owner-Occupied Housing More Affordable?, Journal of Housing Economics, Elsevier (1994) (1994)
53. Evaluating the Performance of GNMA Mutual Funds
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research

Undated

54. Can We Explain the Santa Clara County Housing Market?
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research View citations (1)
55. The Impact of Technology on Commercial Real Estate
    Zell/Lurie Center Working Papers, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania
56. The Impact of Technology on the Internet on Commercial Real Estate
    Wisconsin-Madison CULER working papers, University of Wisconsin Center for Urban Land Economic Research

Journal Articles

2018

1. Gender difference and intra-household economic power in mortgage signing order
   Journal of Financial Intermediation, 2018, 36, (C), 86-100 View citations (2)

2016

2. Age, demographics, and the demand for housing, revisited
   Regional Science and Urban Economics, 2016, 61, (C), 86-98 View citations (10)
   See also Working Paper Age, Demographics, and the Demand for Housing, Revisited, Working Paper (2015) (2015)

2015

3. Collateral pledge, sunk-cost fallacy and mortgage default
   Journal of Financial Intermediation, 2015, 24, (4), 636-652 View citations (13)

2014

4. How does wind farm performance decline with age?
   Renewable Energy, 2014, 66, (C), 775-786 View citations (140)
5. IS THE ART MARKET MORE BOURGEOIS THAN BOHEMIAN?
   Journal of Regional Science, 2014, 54, (2), 273-303 View citations (6)
   See also Working Paper Is the Art Market More Bourgeois Than Bohemian?, Working Paper (2013) View citations (3) (2013)

2013

6. Special Issue Introduction
   The Journal of Real Estate Finance and Economics, 2013, 46, (4), 565-567
   Also in The Journal of Real Estate Finance and Economics, 2012, 45, (1), 1-2 (2012) View citations (1)

2012

7. Parameter Stability and the Valuation of Mortgages and Mortgage‐Backed Securities
   Real Estate Economics, 2012, 40, (1), 23-63 View citations (1)

2011

8. Housing Finance Reform: Should There Be a Government Guarantee?
   Quarterly Journal of Finance (QJF), 2011, 01, (04), 811-822 View citations (2)

2009

9. Comments on `Three Initiatives Enhancing the Mortgage Market' and `Monoline Regulations to Control Systemic Risk'
   The B.E. Journal of Economic Analysis & Policy, 2009, 9, (3), 7

2008

10. Imperfect information and the housing finance crisis: A descriptive overview
    Journal of Housing Economics, 2008, 17, (4), 262-271 View citations (8)
11. Special issue on subprime mortgage lending
    Journal of Housing Economics, 2008, 17, (4), 253-253 View citations (1)

2007

12. Can capital markets replace banks for funding community development?
    Community Development Innovation Review, 2007, (2), 08-15
13. Comment on Michael A. Stegman et al.’s “Preventive servicing is good for business and affordable homeownership policy”
    Housing Policy Debate, 2007, 18, (2), 299-309
14. The Impacts of Remittances, Residency Status and Financial Attachment on Housing Tenure for Mexican‐Heritage Americans: Inferences from a New Survey
    Real Estate Economics, 2007, 35, (4), 451-478 View citations (5)
15. The housing finance revolution
    Proceedings - Economic Policy Symposium - Jackson Hole, 2007, 21-67 View citations (17)
    See also Working Paper The Housing Finance Revolution, Working Paper (2007) View citations (33) (2007)

2006

16. Electricity deregulation in OECD (Organization for Economic Cooperation and Development) countries
    Energy, 2006, 31, (6), 769-787 View citations (45)

2005

17. Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources
    American Economic Review, 2005, 95, (2), 334-339 View citations (234)
    See also Working Paper Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources, Wisconsin-Madison CULER working papers (1999) View citations (9) (1999)
18. The American Mortgage in Historical and International Context
    Journal of Economic Perspectives, 2005, 19, (4), 93-114 View citations (127)
    See also Working Paper The American Mortgage in Historical and International Context, Working Paper (2005) View citations (128) (2005)

2002

19. Stock prices and house prices in California: new evidence of a wealth effect?
    Regional Science and Urban Economics, 2002, 32, (6), 775-783 View citations (33)

2001

20. Home-ownership and Unemployment in the US
    Urban Studies, 2001, 38, (9), 1509-1520 View citations (56)
    See also Working Paper Home Ownership and Unemployment in the U.S, Wisconsin-Madison CULER working papers (1999) View citations (13) (1999)
21. Koichi Mera and Bertrand Renaud (Eds.), Asia's Financial Crisis and the Role of Real Estate
    Journal of Housing Economics, 2001, 10, (2), 216-223

1999

22. Giving households credit: How changes in the U.S. tax code could promote homeownership
    Regional Science and Urban Economics, 1999, 29, (4), 419-444 View citations (37)
    See also Working Paper Giving Households Credit: How Changes in the Tax Code Could Promote Homeownership, Wisconsin-Madison CULER working papers (1996) (1996)
23. Land Use Regulation and the Price of Housing in a Suburban Wisconsin County
    Journal of Housing Economics, 1999, 8, (2), 144-159 View citations (24)
    See also Working Paper Land Use Regulation and the Price of Housing in a Suburban Wisconsin County, Wisconsin-Madison CULER working papers (1997) (1997)
24. Some Truths about Ostriches: Who Doesn't Prepay Their Mortgages and Why They Don't
    Journal of Housing Economics, 1999, 8, (3), 233-248 View citations (33)

1998

25. Are Minorities or Minority Neighborhoods More Likely to Get Low Appraisals?
    The Journal of Real Estate Finance and Economics, 1998, 16, (3), 301-15 View citations (7)
26. Cross-Tenure Differences in Home Maintenance and Appreciation
    Land Economics, 1998, 74, (3), 328-342 View citations (19)
    Also in Land Economics, 1997, 73, (3), 328-342 (1997)
27. Developing Confidence Intervals for Office Market Forecasts
    The Journal of Real Estate Finance and Economics, 1998, 16, (1), 75-90
    See also Working Paper Developing Confidence Intervals for Office Market Forecasts, Wisconsin-Madison CULER working papers (1994) (1994)
28. New Place‐to‐Place Housing Price Indexes for U.S. Metropolitan Areas, and Their Determinants
    Real Estate Economics, 1998, 26, (2), 235-274 View citations (36)

1997

29. Follow the Leader: How Changes in Residential and Non‐residential Investment Predict Changes in GDP
    Real Estate Economics, 1997, 25, (2), 253-270 View citations (91)
    See also Working Paper Follow the Leader: How Changes In Residential and Non-Residential Investment Predict Changes in GDP, Wisconsin-Madison CULER working papers (1996) View citations (7) (1996)
30. Measuring the Benefits of Homeowning: Effects on Children
    Journal of Urban Economics, 1997, 41, (3), 441-461 View citations (200)
    See also Working Paper Measuring the Benefits of Homeowning: Effects on Children, Wisconsin-Madison CULER working papers (1994) View citations (3) (1994)
31. The Impact of Initial‐Year Discounts on ARM Prepayments
    Real Estate Economics, 1997, 25, (3), 373-385 View citations (8)

1996

32. Age, housing demand, and real house prices
    Regional Science and Urban Economics, 1996, 26, (5), 465-480 View citations (48)
    See also Working Paper Age, Housing Demand, and Real House Prices, Wisconsin-Madison CULER working papers (1995) View citations (2) (1995)
33. Should the stagnant homeownership rate be a source of concern?
    Regional Science and Urban Economics, 1996, 26, (3-4), 337-368 View citations (23)
    See also Working Paper Should the Stagnant Homeownership Rate Be a Source of Concern?, Working Paper (1995) View citations (3) (1995)
34. What Has Happened to the Bottom of the US Housing Market?
    Urban Studies, 1996, 33, (10), 1807-1820 View citations (29)

1994

35. Do Teaser-Rate Adjustable-Rate Mortgages Make Owner-Occupied Housing More Affordable?
    Journal of Housing Economics, 1994, 3, (4), 263-282
    See also Working Paper Do Teaser-Rate Adjustable-Rate Mortgages Make Owner Occupied Housing More Affordable?, Wisconsin-Madison CULER working papers (1991) View citations (1) (1991)
36. Optimal Comparable Weighting and Selection: A Comment
    Real Estate Economics, 1994, 22, (4), 647-654 View citations (6)
37. Urban Regulations and the Price of Land and Housing in Korea
    Journal of Housing Economics, 1994, 3, (4), 330-356 View citations (11)
    See also Working Paper Urban Regulations and the Price of Land and Housing in Korea, Wisconsin-Madison CULER working papers (1993) View citations (1) (1993)

Books

2013

1. Introduction to Mortgages and Mortgage Backed Securities
   Elsevier Monographs, Elsevier View citations (4)

Chapters

2009

1. Misaligned Incentives and Mortgage Lending in Asia
   A chapter in Financial Sector Development in the Pacific Rim, 2009, pp 95-111 View citations (1)
   See also Working Paper Misaligned Incentives and Mortgage Lending in Asia, East Asian Bureau of Economic Research (2009) View citations (1) (2009)

1988

2. The Effects of Protection on Domestic Output
   A chapter in Trade Policy Issues and Empirical Analysis, 1988, pp 205-232