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  • Jack Favilukis, David Kohn, Sydney C Ludvigson, Stijn Van Nieuwerburgh, John Driscoll, Victoria Ivashina +2 others
  • 2011
The last …fteen years have been marked by a dramatic boom-bust cycle in real estate prices, accompanied by economically large ‡uctuations in international capital ‡ows. We argue that changes in international capital ‡ows played, at most, a small role in driving house price movements in this episode and that, instead, the key causal factor was a …nancial(More)
ACKNOWLEDGEMENTS TRUST FOR AMERICA'S HEALTH (TFAH) is a non-profit, non-partisan organization dedicated to saving lives and making disease prevention a national priority. For more information, visit www.healthyamericans.org The Robert Wood Johnson Foundation (RWJF) focuses on the pressing health and health care issues facing our country. As the nation's(More)
The Origin of Species by the English naturalist Charles Darwin is one of the most important scientific books ever written. First published in 1859, its 150th anniversary will be in 2009, the year in which we will also celebrate the 200th anniversary of Darwin's birth. This year's Werkmeister Conference on the Origin of Species will lay the foundation for(More)
  • Martin Lettau, Sydney C Ludvigson, Berkeley Haas, Columbia Gsb, Stanford Gsb, Mark Gertler +7 others
  • 2011
Three shocks, distinguished by whether their e¤ects are permanent or transitory, are iden-ti…ed to characterize the postwar dynamics of aggregate consumer spending, labor earnings, and household wealth. The …rst shock accounts for virtually all of the variation in consumption and has e¤ects akin to a permanent total factor productivity shock in canonical(More)
To my mother and my husband ii ACKNOWLEDGMENTS Many people helped me throughout my degree. My dissertation committee, F. Hitchcock, has continuously supported and advised me over the last couple years. I am especially indebted to my thesis advisor, Dr. Anand Swarop, for his guidance in both my professional development and personal growth. I am grateful to(More)
Inbred strain-specific differences in mice exist in bone cross-sectional geometry, mechanical properties, and indices of bone formation. Inbred strain-specific responses to external stimuli also exist, but the role of background strain in response to genetic deletion is not fully understood. Biglycan (bgn) deficiency impacts bone through negative regulation(More)
  • Morris A Davis, Van Stijn, Nieuwerburgh, Gilles Duranton, Jack Favilukis, Carlos Garriga +5 others
  • 2014
In this chapter, we review and discuss the large body of research that has developed over the past 10-plus years that explores the interconnection of macroeconomics, finance, and housing. We focus on three major topics – housing and the business cycle, housing and portfolio choice, and housing and asset returns – and then review the recent literature that(More)
Bone homeostasis is affected by several factors, particularly mechanical loading and growth factor signaling pathways. There is overwhelming evidence to validate the importance of these signaling pathways, however, whether these signals work synergistically or independently to contribute to proper bone maintenance is poorly understood. Weight-bearing(More)