Emily Hamilton on the Current State of the U.S. Housing Market and Solutions for Reform
02/28/22 • 58 min
Emily Hamilton is a senior research fellow and director of the Urbanity Project at the Mercatus Center at George Mason University. Emily’s research focuses on urban economics and land use policy, and she joins Macro Musings to talk about housing in the United States. Specifically, David and Emily discuss many of the issues present within the American housing market, why we should care about rampant housing shortages, and the most effective avenues we can pursue for largescale reform.
Check out Conversations with Tyler: https://conversationswithtyler.com, and subscribe to Conversations with Tyler on your favorite podcast app.
Transcript for the episode can be found here.
Emily’s Twitter: @ebwhamilton
Emily’s Mercatus profile: https://www.mercatus.org/scholars/emily-hamilton
Related Links:
*Light Touch Density: A Series of Policy Briefs on Zoning, Land Use, and a Solution to Help Alleviate the Nation’s Housing Shortage* by Edward Pinto, Tobias Peter, and Emily Hamilton
*2019 Survey of Consumer Finances* by the Federal Reserve Board of Governors
https://www.federalreserve.gov/econres/scfindex.htm
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/
Emily Hamilton is a senior research fellow and director of the Urbanity Project at the Mercatus Center at George Mason University. Emily’s research focuses on urban economics and land use policy, and she joins Macro Musings to talk about housing in the United States. Specifically, David and Emily discuss many of the issues present within the American housing market, why we should care about rampant housing shortages, and the most effective avenues we can pursue for largescale reform.
Check out Conversations with Tyler: https://conversationswithtyler.com, and subscribe to Conversations with Tyler on your favorite podcast app.
Transcript for the episode can be found here.
Emily’s Twitter: @ebwhamilton
Emily’s Mercatus profile: https://www.mercatus.org/scholars/emily-hamilton
Related Links:
*Light Touch Density: A Series of Policy Briefs on Zoning, Land Use, and a Solution to Help Alleviate the Nation’s Housing Shortage* by Edward Pinto, Tobias Peter, and Emily Hamilton
*2019 Survey of Consumer Finances* by the Federal Reserve Board of Governors
https://www.federalreserve.gov/econres/scfindex.htm
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/
Previous Episode
Will Diamond on Safe Assets, Risk-Free Rates, and Convenience Yields and their Implications for Policy
William Diamond is an Assistant Professor of Finance at the Wharton School of Business at the University of Pennsylvania. Will joins David on Macro Musings to discuss safe assets, convenience yields, bubbles and public debt and the implications for policy. Specifically, David and Will get into competing theories of interest rates and the rise of New Keynesian thinking, the role of the dollar in the global financial system, the drivers behind the growth in US debt, how the construction of risk-free interest rates unaffected by convenience yields on safe assets can improve our understanding of the financial system in times of stress, and much more.
Check out Ideas of India: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/, and subscribe to Ideas of India on your favorite podcast app.
Transcript for the episode can be found here.
Will’s Twitter: @wdiamond_econ
Will’s Wharton profile: https://fnce.wharton.upenn.edu/profile/diamondw/#research
Related Links:
*Threats to Central Bank Independence: High-Frequency Identification with Twitter* by Francesco Bianchi, Thilo Kind & Howard Kung
https://www.nber.org/papers/w26308
*Safety Transformation and the Structure of the Financial System* by Will Diamond
https://faculty.wharton.upenn.edu/wp-content/uploads/2017/07/modelwriteupnew23.pdf
*From World Banker to World Venture Capitalist: The US External Adjustment and the Exorbitant Privilege* by Helene Ray and P.O. Gourinchas
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=788428
*Rational Bubbles and Public Debt Policy: A Quantitative Analysis* by David Domeij and Tore Ellingsen
https://www.sciencedirect.com/science/article/abs/pii/S0304393218301909
*Liquidity Premiums on Government Debt and the Fiscal Theory of the Price Level* by Aleksander Berentsen and Christopher J. Waller
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2943241
*Risk Free Interest Rates* by Jules H. van Binsbergen, Will Diamond, and Marco Grotteria
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3242836
*Risk-Free Rates and Convenience Yields Around the World* by Will Diamond, Peter Van Tassel
https://faculty.wharton.upenn.edu/wp-content/uploads/2021/11/newdraft_11132021formatfix.pdf
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/
Next Episode
Matthew Klein on the Economic Fallout from the Russia-Ukraine War
Matthew Klein is the author of The Overshoot, a newsletter that helps readers make sense of the global economy. Matthew also closely follows Eastern Europe and Russia, has written on the economics of the Russian-Ukraine War, and is a returning guest to the podcast. Matthew rejoins David on Macro Musings to discuss this conflict and its broader economic implications. Specifically, Matthew and David discuss the historical context dating back to the Soviet Union and leading up to this conflict, how Russia’s economy has been historically linked to Ukraine’s, the consequences of Europe’s reliance on Russian fossil fuel exports, and the implications of global sanctions against Russia for dollar dominance, globalization, and inflation.
Check out Ideas of India: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/, and subscribe to Ideas of India on your favorite podcast app.
Transcript for the episode can be found here.
Matthew’s Twitter: @M_C_Klein
Matthew’s Substack: https://theovershoot.co/about
Related Links:
*Trade Wars or Class Wars* by Matthew C. Klein and Michael Pettis
https://www.amazon.com/Trade-Wars-Are-Class-International/dp/0300244177
*Russia Was Already Cutting Off Europe's Gas Before Invading Ukraine. What Can Be Done?* by Matthew Klein
https://theovershoot.co/p/russia-was-already-cutting-off-europes?s=r
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/macro-musings-with-david-beckworth-201640/emily-hamilton-on-the-current-state-of-the-us-housing-market-and-solut-20376144"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to emily hamilton on the current state of the u.s. housing market and solutions for reform on goodpods" style="width: 225px" /> </a>
Copy