Stephen Malpezzi

Selected Publications

Rent Control. Entry in the Palgrave Dictionary of Economics, forthcoming.

"Tales from the Real Side: Lessons of Urban Research for Housing Finance in Developing and Transition Economies." Cityscape, forthcoming.

The Spatial Distribution of Population in 48 World Cities: Implications for Economies in Transition. (With Alain Bertaud). World Bank Technical Paper, forthcoming.

"Urban Regulation, Housing Prices, and the 'New Economy.',"Housing Policy Debate, forthcoming.

Cross-Country Patterns of Urban Development.  In Richard Arnott and Daniel McMillen (eds.), A Companion to Urban Economics.  Blackwell, 2006

Household Mobility in New York City's Regulated Rental Housing Market. (With Tammie X. Simmons-Mosley). Journal of Housing Economics, 2006.

Malpezzi, Stephen. Some International Perspectives on Affordable Housing, and Possible Lessons for Korea. Housing Studies Review, 13(3), 2005, pp.209-21

Malpezzi, Stephen.  Low Income Housing Markets and Policy: Some International Perspectives, and Possible Lessons for Korea.  In MoonJoong Tcha (ed.), Residential Welfare and Housing Policies: The Experience and Future of Korea.  Seoul: Korea Development Institute, 2005.

Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources. (With Richard K. Green and Stephen K. Mayo). American Economic Association Papers and Proceedings, 95(2), May 2005, pp.334-9.

The Role of Speculation in Real Estate Cycles.  (With Susan Wachter).  Journal of Real Estate Literature, 13(2), 2005, pp. 143-66

Is It What We Do, Or How We Do It? New Evidence on Agglomeration Economies and Metropolitan Growth (With Kiat Ying Seah and James D. Shilling).  Real Estate Economics, 32(2), 2004, pp. 265-95.

Appraisal Quality and Residential Mortgage Default.  (With Michael Lacour-Little).  Journal of Real Estate Finance and Economics, 27(2), 2003, pp. 211-34.

A Primer on U.S. Housing Markets and Policy (With Richard K. Green).  Washington, D.C.:  The Urban Institute Press, for the American Real Estate and Urban Economics Association, Monograph Series, No. 3, 2003.

Local Economic Development and Its Finance.  In Sammis B. White, Richard D. Bingham and Edward W. Hill (eds.), Financing Economic Development in the 21st Century.  Armonk, NY:  M.E. Sharpe, 2003, pp. 3-26.

A Review of Empirical Evidence on the Costs and Benefits of Rent Control.  (With Bengt Turner).  Swedish Economic Policy Review, 10, 2003, pp. 11-56.

Does the Low Income Housing Tax Credit Increase the Supply of Housing?  (With Kerry Vandell).  Journal of Housing Economics, 11(4), December 2002, pp. 360-80.

Hedonic Pricing Models and House Price Indexes: A Select Review.  In Kenneth Gibb and Anthony O’Sullivan (eds.), Housing Economics and Public Policy: Essays in Honour of Duncan Maclennan.  Oxford:  Blackwell Publishing, 2002, pp. 67-89.

Economic Development: The Role of State and Local Government in Wisconsin.  La Follette Policy Report, 12(2), Fall 2001.

"The Price Elasticity of Supply of New Residential Construction in the United States and the United Kingdom (with Duncan Maclennan)." Journal of Housing Economics, 10 (3), September 2001, pp. 278-306.

Measuring the Costs and Benefits of Urban Land Use Regulation: A Simple Model with and Application to Malaysia. (With Alain Bertaud).Journal of Housing Economics, 10 (3), September 2001, pp. 393-418.

The Contributions of Stephen K. Mayo to Housing and Urban Economics. Journal of Housing Economics, 10, June 2001, pp. 72-108.

"The Stock of Private Real Estate Capital in U.S. Metropolitan Areas: Measurement and Determinants. (With James D. Shilling and Yu-Yun Yang)." Journal of Real Estate Research,22(3), 2001, pp. 243-70.

"Implications of Income Property Stock Data for Real Estate Investment Portfolio Location." (With Joseph Mahoney and James D. Shilling). Real Estate Finance, 16(4), Winter 2000, pp. 53-66.

"Institutional Investors Tilt Their Real Estate Holdings Towards Quality, Too." (With James D. Shilling). Journal of Real Estate Finance and Economics, 21(2), September 2000, pp. 113-37.

"Housing Market Research and a Living Standards Measurement Study." In Margaret Grosh and Paul Glewwe (eds.), The Design of a Living Standards Measurement Study, World Bank, 2000.

"A Simple Error Correction Model of Housing Prices." Journal of Housing Economics, 8, 1999, pp. 27-62.

"The Greatest Real Estate Movies of All Time." Illinois Real Estate Letter, 1999.

"Analyzing the Gap Between Myth and Reality: A Closer Look at the Facts and Figures of Farming." (With Kerry Vandell). On Common Ground, 2(3), Fall 1999, pp. 10-14.

"Economic Analysis of Housing Markets in Developing and Transition Economies." In Paul Chesire and Edwin S. Mills (eds.), Handbook of Regional and Urban Economics. Volume III, North Holland, 1999.

"New Place-to-Place Housing Price Indexes for U.S. Metropolitan Areas, and Their Determinants: An Application of Urban Indicators" (with Gregory Chun and Richard K. Green). Real Estate Economics, 26(2), Summer 1998, pp. 235-74.

"Welfare Analysis of Rent Control with Side Payments: A Natural Experiment in Cairo, Egypt." Regional Science and Urban Economics, 28, 1998, pp. 773-95.

"Private Rental Housing Markets and Policies in the United States." Netherlands Journal of Housing and the Built Environment, 13(3), 1998, pp. 353-86.

"Developing Confidence Intervals for Office Market Forecasts" (with Richard K. Green and Walter Barnes). Journal of Real Estate Finance and Economics, 16(1), 1998, pp. 75-90.

"Getting Housing Incentives Right: A Case Study of the Effects of Regulation, Taxes and Subsidies on Housing Supply in Malaysia" (with Stephen K. Mayo). Land Economics, 73 (3), August 1997, pp. 372-391.

"Housing and Urban Development Indicators: A Good Idea Whose Time Has Returned" (with Stephen K. Mayo). Real Estate Economics, 25(1), March 1997, pp. 1-11.

"What's Happened to the Bottom of the Housing Market?" (with Richard K. Green). Urban Studies, 33(10), December 1996, pp. 1807-20.

"House Prices, Externalities and Regulation in U.S. Metropolitan Areas." Journal of Housing Research, 7(2), 1996, pp. 209-41.

"What Have African Housing Policies Wrought?" (with J. Sa-Aadu). Real Estate Economics, 24(2), Summer 1996, pp. 133-60.

"Getting the Incentives Right: A Reply to Baken and van der Linden." Third World Planning Review, 16(4), November 1994, pp. 451-66.