The NBER, the Australian National University, the Peking University China Center for Economic Research, the Chung-Hua Institution for Economic Research (Taipei), the Hong Kong University of Science and Technology, the Korea Development Institute, the National University of Singapore, the Tokyo Center for Economic Research, and Tsinghua University (Beijing) jointly sponsored the NBER's 27th Annual East Asian Seminar on Economics. It took place in Singapore on June 23–24. Research Associates Takatoshi Ito of Columbia University and Andrew K. Rose of the University of California, Berkeley, organized the conference. These researchers' papers were presented and discussed:
Benjamin J. Keys and Amit Seru, University of Chicago and NBER; Tomasz Piskorski, Columbia University and NBER; and Vincent Yao, Georgia State University, "Mortgage Rates, Household Balance Sheets, and the Real Economy" (NBER Working Paper No. 20561)
Mathias Hoffmann, University of Zurich, and Iryna S. Stewen, University of Mainz, "Holes in the Dike: The Global Savings Glut, U.S. House Prices and the Long Shadow of Banking Deregulation"
Sumit Agarwal, Georgetown University, and Cristian Badarinza and Wenlan Qian, National University of Singapore, "The Effectiveness of Housing Collateral Tightening Policy"
Sumit Agarwal; Gene Amromin, Federal Reserve Bank of Chicago; Souphala Chomsisengphet, Office of the Comptroller of the Currency; Tomasz Piskorski; Amit Seru; and Vincent Yao, "Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program" (NBER Working Paper No. 21512)
Sumit Agarwal; Changcheng Song, National University of Singapore; and Vincent Yao, "Banking Competition and Shrouded Attributes: Evidence from the U.S. Mortgage Market"
Brent Ambrose and Jiro Yoshida, Pennsylvania State University, and N. Edward Coulson, University of
Nevada, Las Vegas, "Inflation Rates Are Very Different When Housing Rents Are Accurately Measured"
Hanming Fang, University of Pennsylvania and NBER; You Suk Kim, Federal Reserve Board; and Wenli Li, Federal Reserve Bank of Philadelphia, "The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural
Estimation" (NBER Working Paper No. 21810)
Daisuke Miyakawa and Iichiro Uesugi, Hitotsubashi University (Tokyo), and Chihiro Shimizu, National University of Singapore, "Geography and Realty Prices: Evidence from International Transaction-Level Data"
Peter Chinloy, American University, and Man Cho and Inho Song, Korea Development Institute, "The Asset Price of a House"
Bo Zhao, Peking University (Beijing), "Too Poor to Retire? Housing Prices and Retirement"
Wen-Chieh Wu, National Chengchi University (Taipei), and Yu-Chun Ma and Jiann-Chyuan Wang, Chung-Hua Institution for Economic Research (Taipei), "Childhood Housing Environment and Young Adulthood Health Status"
Summaries of these papers are at: