List of Publications

Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide Christopher Mayer, Edward Morrison, Tomasz Piskorski, and Arpit Gupta, January 2014. (forthcoming, The American Economic Review).

Superstar Cities Joseph Gyourko, Christopher Mayer, and Todd Sinai. 2013. American Economic Journal: Economic Policy, Vol. 5(4), 167-199.

The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers Christopher Mayer, Tomasz Piskorski, and Alexei Tchistyi. 2013. Journal of Financial Economics, Vol. 107, 694-713.

Housing Bubbles: A Survey Christopher Mayer. 2011. Annual Review of Economics, Vol.3, 559-577.

Issuer Credit Quality and the Price of Asset-Backed Securities Oliver Faltin-Traeger, Kathleen Johnson, and Christopher Mayer. 2010. The American Economic Review Paper and Proceedings, 2010, Vol. 100(2), 501-505.

The Mortgage Market Meltdown and House Prices R. Glenn Hubbard and Christopher Mayer. 2009. The B.E. Journal of Economic Analysis & Policy, Vol. 9 (3), Symposium, Article 8.

The Rise in Mortgage Defaults, Christopher Mayer Karen Pence, and Shane M. Sherlund. 2009. Journal of Economic Perspectives, Vol. 23(1), Winter, 23-50.

Irreversible Investment, Real Options, and Competition: Evidence From Real-Estate Development, Laarni Bulan, Christopher Mayer, and Tsuriel Somerville. 2009. Journal of Urban Economics, Vol. 65(3), May, 237-51

Why Do Households Without Children Support Local Public Schools? Linking House Price Capitalization to School Spending, Christian Hilber and Christopher Mayer. 2009. Journal of Urban Economics, Vol. 65(1), January 74-90.

Subprime Mortgages: What, Where, and to Whom? Christopher Mayer and Karen Pence. 2009. Housing Markets and the Economy: Risk, Regulation, and Policy: Essays in honor of Karl E. Case. Lincoln Institute of Land Policy.

Essay: A New Proposal for Loan Modifications, Christopher Mayer, Edward Morrison, Tomasz Piskorski, Yale Journal on Regulation, 2009, Vol. 26(2).

Subprime Mortgage Pricing: The Impact of Race, Ethnicity, and Gender on the Cost of Borrowing, Andrew Haughwout, Christopher Mayer and Joseph Tracy. 2009. Brookings-Wharton Papers on Urban Affairs.

U.S. House Price Dynamics and Behavioral Economics, Christopher Mayer and Todd Sinai. 2009. Policymaking Insights from Behavioral Economics, Federal Reserve Bank of Boston.

Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions, Charles Himmelberg, Christopher Mayer, and Todd Sinai. 2005. Journal of Economic Perspectives, Vol 19(4), Fall, 67-92.

School Funding Equalization and Residential Location for the Young and the Elderly, Christian Hilber and Christopher Mayer.2004. Brookings-Wharton Papers on Urban Affairs, 107-148.

Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why Not All delays Are Created Evil, Christopher Mayer and Todd Sinai. 2003.American Economic Review, Vol. 93(4), 1194-1215.

Governmental Regulation and Changes in the Affordable Housing Stock, Christopher Mayer and Tsuriel Somerville. 2003. Economic Policy Review, Federal Reserve Bank of New York, Vol.9(2), 45-62.

Regulation and Capitalization of Environmental Amenities: Evidence From the Toxic Release Inventory in Massachusetts, Linda Bui and Christopher Mayer. 2003. Review of Economics and Statistics,85(3), 693-708.

Are Dividend Taxes Capitalized Into Share Prices: Evidence From Real Estate Investment Trusts, William Gentry, Deen Kemsley, and Christopher Mayer Journal of Finance, Vol.58(1), 261-282.

Loss Aversion and Seller Behavior: Evidence from the Housing Market, David Genesove and Christopher Mayer. 2001. Quarterly Journal of Economics, Vol.116(4), 1233-1260.

Property Tax Limits, Local Fiscal Behavior, and Property Values: Evidence from Massachusetts Under Proposition 2 1/2, Katherine Bradbury, Christopher Mayer, and Karl Case. 2001. Journal of Public Economics, Vol. 80(2), 287-312.

Land Use Regulation and New Construction, Christopher Mayer and Tsuriel Somerville. 2000. Regional Science and Urban Economics, Vol. 30(6), 639-62.

Residential Construction: Using the Urban Growth Model to Estimate Housing Supply, Christopher Mayer and Tsuriel Somerville. 2000. Journal of Urban Economics, Vol. 48, 85-109.

Assessing the Performance of Real Estate Auctions, Christopher Mayer. 1998. Real Estate Economics, Vol. 26(1), 41-66.

Intergenerational Transfers, Borrowing Constraints, and Saving Behavior: Evidence from the Housing Market, Gary Engelhardt and Christopher Mayer. 1998. Journal of Urban Economics, Vol. 44, 135-57.

School Quality and Massachusetts Enrollment Shifts in the Context of Tax Limitations Katherine Bradbury, Karl Case, and Christopher Mayer. 1998. New England Economic Review, July/August 3-20.

Equity and Time to Sale in the Real Estate Market David Genesove and Christopher Mayer. 1997. The American Economic Review, Vol. 87(3), 255-69.

Housing Price Dynamics Within a Metropolitan Area, Karl Case and Christopher Mayer.1996. Regional Science and Urban Economics, Vol. 26, 387-407.

Does Location Matter? Christopher Mayer. 1996. New England Economic Review, May/June, 26-40.

Regional Housing Supply and Credit Constraints Christopher Mayer and Tsuriel Somerville. 1996. New England Economic Review, November/December, 41-53.

Gifts, Down Payments, and Housing Affordability Gary Engelhardt and Christopher Mayer. 1996. Journal of Housing Research, Vol. 7(1), 59-78.

A Model of Negotiated Sales Applied to Real Estate Auctions Christopher Mayer. 1995. Journal of Urban Economics, Vol. 38, 1-22.

The Housing Cycle in Eastern Massachusetts: Variations among Cities and Towns, Karl Case and Christopher Mayer. 1995. New England Economic Review, March/April, 24-40.

Gifts for Home Purchase and Housing Market Behavior Gary Engelhardt and Christopher Mayer. 1994. New England Economic Review, May/June, 49-60.

Reverse Mortgages and the Liquidity of Housing Wealth Christopher Mayer and Katerina Simons. 1994. AREUEA Journal (Current Title: Real Estate Economics), Vol. 22(2), 235-55.

A New Look at Reverse Mortgages: The Potential market and Institutional Constraints Christopher Mayer and Katerina Simons. 1994. New England Economic Review, March/April , 15-26.

Taxes, Income Distribution and the Real Estate Cycle: Why All Houses Do Not Appreciate at the Same Rate Christopher Mayer. 1993. New England Economic Review, May/June, 39-50.