Urban Economics Association

^

May 8, 2026: 9:15 to 10:45 (Location: 20.023)
1A. Residential Spillovers

Chair: Barthelemy Bonadio (NYU Abu Dhabi)

• Petter Lundborg (Lund University)
  The STEM Next Door: Early Exposure to Science-Trained Neighbors and Long-Run Outcomes
  Presented by Petter Lundborg (Lund University)
  Discussed by Mariona Segú (CY Cergy Paris Université)
• Dirk Foremny (University of Barcelona and IEB), Zhengming Li (Imperial College Business School), Clara Martinez-Toledano (Imperial College London), Mariona Segú (CY Cergy Paris Université)
  Golden Visas and Real Estate Markets
  Presented by Mariona Segú (CY Cergy Paris Université)
  Discussed by Barthelemy Bonadio (NYU Abu Dhabi)
• Barthelemy Bonadio (NYU Abu Dhabi), Aaron Kaufman (NYU Abu Dhabi), Jordan Norris (NYU Abu Dhabi)
  Bunching in Equilibrium: Valuing Golden Visas in Real Estate Markets
  Presented by Barthelemy Bonadio (NYU Abu Dhabi)
  Discussed by Petter Lundborg (Lund University)

^

May 8, 2026: 9:15 to 10:45 (Location: 20.027)
1B. Segmented Housing Markets I

Chair: Sven Damen (University of Antwerp)

• Peleg Samuels (Tel Aviv University)
  Spatial Dispersion in Returns to Rental Housing: A Decomposition of Local Rent-Price Ratios
  Presented by Peleg Samuels (Tel Aviv University)
  Discussed by Jordan Rosenthal-Kay (Federal Reserve Bank of San Francisco)
• Jessie Handbury (University of Pennsylvania), Samuel Hughes (Federal Reserve Board), Benjamin Keys (The Wharton School)
  Segmentation and Returns on Rental Housing
  Presented by Jessie Handbury (University of Pennsylvania)
  Discussed by Betty X. Wang (University of Hong Kong)
• Sven Damen (University of Antwerp), Matthijs Korevaar (Erasmus University Rotterdam), Stijn Van Nieuwerburgh (Columbia University)
  An Alpha in Affordable Housing?
  Presented by Sven Damen (University of Antwerp)
  Discussed by Peleg Samuels (Tel Aviv University)

^

May 8, 2026: 9:15 to 10:45 (Location: 20.049)
1C. Urban Development

Chair: Mateo Moglia

• Ming Chen (The Hong Kong Polytechnic University), Ying Fan (The Hong Kong Polytechnic University)
  Incentives for Urban Redevelopment: The Role of Eminent Domain and Upzoning
  Presented by Ying Fan (The Hong Kong Polytechnic University)
  Discussed by Yurou He (Cornell University)
• Yurou He (Cornell University)
  Land Assembly: Outsider Bargaining with a Network
  Presented by Yurou He (Cornell University)
  Discussed by Mateo Moglia
• Mateo Moglia (CREST-IPParis)
  The Hidden Costs of Urbanization
  Presented by Mateo Moglia (CREST-IPParis)
  Discussed by Ying Fan (The Hong Kong Polytechnic University)

^

May 8, 2026: 9:15 to 10:45 (Location: 20.057)
1D. Labor Frictions and Distortions

Chair: Duncan Roth (Institute for Employment Research)

• Oscar Vilargunter (Toulouse School of Economics)
  Spatial Effects of the Minimum Wage
  Presented by Oscar Vilargunter (Toulouse School of Economics)
  Discussed by Mikhail Zavarzin (University of Lausanne)
• Daniele Coen-Pirani (University of Pittsburgh), Mikhail Zavarzin (University of Lausanne)
  Spatial Dispersion in Factor Shares: Evidence and Implications
  Presented by Mikhail Zavarzin (University of Lausanne)
  Discussed by Jiong Wu (Ohio State University)
• Jiong Wu (Ohio State University)
  Labor Market Responses to Trade: Job Creation and Destruction Across Space and Sectors
  Presented by Jiong Wu (Ohio State University)
  Discussed by Oscar Vilargunter (Toulouse School of Economics)

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May 8, 2026: 9:15 to 10:45 (Location: 20.059)
1E. Energy and Housing I

Chair: Norbert Pfeifer (Karl-Franzens-Universität Graz)

• Egle Jakucionyte (Bank of Lithuania), Swapnil Singh (Bank of Lithuania and Kaunas University of Technology)
  Housing Market Structure and Energy Efficiency Renovation
  Presented by Swapnil Singh (Bank of Lithuania and Kaunas University of Technology)
  Discussed by Gabrielle Fack (Université Paris Dauphine)
• Edouard Civel (Ecole Polytechnique), Anna Creti (Université Paris Dauphine), Gabrielle Fack (Université Paris Dauphine), Daniel Herrera (Université Paris Dauphine)
  The effect of phasing-out energy inefficient dwellings from the housing market: a housing demand approach
  Presented by Gabrielle Fack (Université Paris Dauphine)
  Discussed by Norbert Pfeifer (Karl-Franzens-Universität Graz)
• Norbert Pfeifer (Karl-Franzens-Universität Graz)
  Are Energy Efficiency Improvements Capitalized in Property Prices? A Hedonic Analysis of Market Incentives
  Presented by Norbert Pfeifer (Karl-Franzens-Universität Graz)
  Discussed by Swapnil Singh (Bank of Lithuania and Kaunas University of Technology)

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May 8, 2026: 11:15 to 12:30 (Location: Auditorium)
Keynote 1: Monika Piazzesi (Stanford University) – Title TBA

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May 8, 2026: 12:45 to 14:15 (Location: 20.023)
2A. Taxation beyond Property

Chair: Daniel Murphy (University of Virginia)

• Elisabeth Preyer (University of Bern), Maximilian von Ehrlich (University of Bern), Benedikt Herrmann (Joint Research Centre, European Commission)
  From Passive Recipients to Active Developers: The Role of Local Taxation in Place-Based Policy
  Presented by Maximilian von Ehrlich (University of Bern)
  Discussed by Lennard Schlattmann (De Nederlandsche Bank)
• Lennard Schlattmann (De Nederlandsche Bank)
  Spatial Redistribution of Carbon Taxes
  Presented by Lennard Schlattmann (De Nederlandsche Bank)
  Discussed by Daniel Murphy (University of Virginia)
• Daniel Murphy (University of Virginia), Nathan Seegert (Northeastern University)
  Implicit Land Taxes and Their Effect on the Real Economy
  Presented by Daniel Murphy (University of Virginia)
  Discussed by Maximilian v. Ehrlich (University of Bern)

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May 8, 2026: 12:45 to 14:15 (Location: 20.027)
2B. Segmented Housing Markets II

Chair: Florian Sniekers (Tilburg University)

• Gerard Domènech-Arumí (Vanderbilt University), Lei Ma (University of Georgia), Giovanni Paolo Mariani (Université Libre de Bruxelles)
  Housing Inequality in the United States
  Presented by Gerard Domènech-Arumí (Vanderbilt University)
  Discussed by Michiel Gerritse (Erasmus University Rotterdam)
• Michiel Gerritse (Erasmus University Rotterdam), Sanmoy Mukherjee (University of Genova), Frank van Oort (Erasmus University Rotterdam)
  The Composition of the Housing Market and Urban Development
  Presented by Michiel Gerritse (Erasmus University Rotterdam)
  Discussed by Florian Sniekers (Tilburg University)
• Ning Jia (Vrije Universiteit Amsterdam), Jan Rouwendal (Vrije Universiteit Amsterdam), Florian Sniekers (Tilburg University)
  List prices in segmented housing markets
  Presented by Florian Sniekers (Tilburg University)
  Discussed by Gerard Domènech-Arumí (Vanderbilt University)

^

May 8, 2026: 12:45 to 14:15 (Location: 20.049)
2C. Agglomeration I

Chair: Xiang Ding (Georgetown University)

• Andrea Stella (Federal Reserve Board)
  Agglomeration and sorting in U.S. manufacturing
  Presented by Andrea Stella (Federal Reserve Board)
  Discussed by Juan Pablo Chauvin (Inter-American Development Bank)
• Jasmina Chauvin (Georgetown University), Juan Pablo Chauvin (Inter-American Development Bank), Giovanna Chaves (New York University)
  Connectivity and Misallocation in Multi-Unit Firms
  Presented by Juan Pablo Chauvin (Inter-American Development Bank)
  Discussed by Xiang Ding (Georgetown University)
• Xiang Ding (Georgetown University), J. Bradford Jensen (Georgetown University), Ferdinando Monte (Georgetown University)
  Headquarters and the Spatial Organization of the Firm
  Presented by Xiang Ding (Georgetown University)
  Discussed by Andrea Stella (Federal Reserve Board)

^

May 8, 2026: 12:45 to 14:15 (Location: 20.055)
2D. Modelling Cities

Chair: Ailin Zhang (LSE)

• Shinnosuke Kikuchi (UC San Diego), Daniel O'Connor (MIT)
  Granular Origins of Agglomeration
  Presented by Daniel O'Connor (MIT)
  Discussed by José Gaspar (University of Porto)
• José Gaspar (University of Porto), Minoru Osawa (Kyoto University)
  Innovation, Spillovers and Economic Geography
  Presented by José Gaspar (University of Porto)
  Discussed by Ailin Zhang (LSE)
• Ailin Zhang (LSE)
  Cities as portfolios
  Presented by Ailin Zhang (LSE)
  Discussed by Daniel O'Connor (MIT)

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May 8, 2026: 12:45 to 14:15 (Location: 20.017)
2E. Energy and Housing II

Chair: Geert Goeyvaerts (KU Leuven)

• Bastien Patras (Sciences Po)
  Mandatory Disclosure and Housing Market Dynamics
  Presented by Bastien Patras (Sciences Po)
  Discussed by Steffen Zetzmann (University of Mannheim, Kiel Institute)
• Francisco Amaral (University of Zurich), Steffen Zetzmann (University of Mannheim, Kiel Institute)
  Who Pays for Higher Energy Prices? Distributional Effects in the Housing Market
  Presented by Steffen Zetzmann (University of Mannheim, Kiel Institute)
  Discussed by Geert Goeyvaerts (KU Leuven)
• Geert Goeyvaerts (KU Leuven), Stef Schildermans (KU Leuven)
  The Impact of Building Energy Codes on the Housing Market
  Presented by Geert Goeyvaerts (KU Leuven)
  Discussed by Bastien Patras (Sciences Po)

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May 8, 2026: 12:45 to 14:15 (Location: 20.047)
2F. Transit I

Chair: Akhila Kovvuri (Stanford University)

• Girija Borker (World Bank), Gabriel Kreindler (Harvard University), Dev Patel (Harvard University)
  Barriers to Mobility for Low-Income Women: Lessons from Delhi's Free Bus Scheme
  Presented by Gabriel Kreindler (Harvard University)
  Discussed by Chen Lin (University of Bonn)
• Chen Lin (University of Bonn)
  Public Transportation and Labor Market Outcomes: Evidence from Early 20th-Century Manhattan
  Presented by Chen Lin (University of Bonn)
  Discussed by Akhila Kovvuri (Stanford University)
• Akhila Kovvuri (Stanford University)
  Moving Opportunity Closer: How Public Transit Transforms Firm Composition and Employment
  Presented by Akhila Kovvuri (Stanford University)
  Discussed by Gabriel Kreindler (Harvard University)

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May 8, 2026: 15:15 to 17:15 (Location: 20.023)
3A. House Prices

Chair: Miriam Steurer (Graz University)

• Enrico Moretti (University of California Berkeley), Harrison Wheeler (University of Toronto)
  The Traffic Noise Externality: Costs, Incidence and Policy Implications
  Presented by Harrison Wheeler (University of Toronto)
  Discussed by Vincent Stegmaier (Leipzig University)
• Vincent Stegmaier (Leipzig University)
  My House Looks Better Than Yours - Relative Housing Consumption and Aesthetic Appreciation
  Presented by Vincent Stegmaier (Leipzig University)
  Discussed by Clément Gorin (Pantheon-Sorbonne University)
• Laurent Gobillon (Paris School of Economics), Clément Gorin (Pantheon-Sorbonne University), Stephan Heblich (University of Toronto), Amine Ouazad (HEC Montreal)
  The eye of the beholder: Neighbourhood embeddings and housing prices
  Presented by Clément Gorin (Pantheon-Sorbonne University)
  Discussed by Miriam Steurer (Graz University)
• Miriam Steurer (Graz University)
  Filling the Gaps with MICE-RF: Addressing Missing Data in Property Price Indices
  Presented by Miriam Steurer (Graz University)
  Discussed by Harrison Wheeler (University of Toronto)

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May 8, 2026: 15:15 to 17:15 (Location: 20.027)
3B. Mortgages I

Chair: Amine Ouazad (HEC Montreal)

• Masashi Takahashi (Pennsylvania State University), Wenchuan Zhao (University of Oxford)
  Credit Expansion and Neighborhood Transformation: Evidence from Place-Based Mortgage Lending
  Presented by Wenchuan Zhao (University of Oxford)
  Discussed by Yann Cerasi (University of Zurich and Swiss Finance Institute)
• Yann Cerasi (University of Zurich and Swiss Finance Institute), Gazi Kabas (Tilburg Univerisity), Steven Ongena (University of Zurich), Kasper Roszbach (Norges Bank)
  Down Payments, Deferred Homes: How LTV Restrictions Reshape Household Consumption
  Presented by Yann Cerasi (University of Zurich & Swiss Finance Institute)
  Discussed by Leonel Drukker (UC Berkeley)
• Leonel Drukker (UC Berkeley)
  Do Lower Mortgage Rates Benefit First-Time Homebuyers?
  Presented by Leonel Drukker (UC Berkeley)
  Discussed by DeShawn Vaughan (University of Virginia)
• Daniel Murphy (University of Virginia Darden School of Business), DeShawn Vaughan (University of Virginia)
  The Effect of Mortgage Rates on Neighborhood Housing Costs
  Presented by DeShawn Vaughan (University of Virginia)
  Discussed by Wenchuan Zhao (University of Oxford)

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May 8, 2026: 15:15 to 17:15 (Location: 20.049)
3C. Agglomeration II

Chair: Henry Overman (London School of Economics)

• Claudio Luccioletti (Bank of Italy), Sophie Mathes (Fundacao Getulio Vargas EPGE), John Morehouse (Zephyr Resilience)
  Labor Market Power and Spatial Policies
  Presented by Claudio Luccioletti (Bank of Italy)
• Tomás Budí-Ors (Bank of Spain)
  The Life-cycle of Firms and the Productivity Advantages of Large Cities
  Presented by Tomás Budí-Ors (Bank of Spain)
• Maddalena Conte (Institut des Politiques Publiques and Paris School of Economics), Isabelle Mejean (Sciences Po), Tomasz Michalski (HEC Paris), Benoit Schmutz-Bloch (ENSAE)
  The Volatility Advantages of Large Labor Markets
  Presented by Tomasz Michalski (HEC Paris)
• Mimosa Distefano (London School of Economics), Henry Overman (London School of Economics), Clara Santamaria (Sciences Po)
  From Mouse’s Head to Lion’s Tail: Movers and the city size earnings premium in five European economies.
  Presented by Clara Santamaria (Sciences Po)

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May 8, 2026: 15:15 to 17:15 (Location: 20.055)
3D. Regional Linkages

Chair: Yan Hu (Copenhagen Business School)

• Federica Coelli (EBRD)
  Local booms and innovation
  Presented by Federica Coelli (EBRD)
  Discussed by Ann-Kristin Becker (University of Cologne)
• Ann-Kristin Becker (University of Cologne)
  Production Linkages and Regional Development: Evidence from Coal Mining in Germany
  Presented by Ann-Kristin Becker (University of Cologne)
  Discussed by Megan Haasbroek (BI Norwegian Business School)
• Maarten Bosker (Erasmus University Rotterdam), Megan Haasbroek (BI Norwegian Business School)
  Domestic infrastructure and the regional effects of trade liberalization
  Presented by Megan Haasbroek (BI Norwegian Business School)
  Discussed by Yan Hu (Copenhagen Business School)
• Yan Hu (Copenhagen Business School), Katja Mann (Copenhagen Business School), Ismir Mulalic (Copenhagen Business School), Dario Pozzoli (Copenhagen Business School)
  Firm size, robots, and the geography of automation
  Presented by Yan Hu (Copenhagen Business School)
  Discussed by Federica Coelli (EBRD)

^

May 8, 2026: 15:15 to 17:15 (Location: 20.017)
3E. Fires and Explosions

Chair: Yurou He (Cornell University)

• Xiaofang Dong
  The Blast Effect: Impact of Chemical Explosions on Land Markets in China
  Presented by Xiaofang Dong
  Discussed by Ruchi Singh (University of Georgia)
• Steven Malliaris (University of Georgia), Rachel Meltzer (Harvard University), Daniel Rettl (University of Georgia), Ruchi Singh (University of Georgia)
  Wildfires and the Resilience of Commercial Activity
  Presented by Ruchi Singh (University of Georgia)
  Discussed by Jasdeep Mandia (Massachusetts Institute of Technology)
• Christopher Knittel (Massachusetts Institute of Technology), Jasdeep Mandia (Massachusetts Institute of Technology)
  Pollution, Population, and Production: A Structural Analysis of Wildfire Smoke and Spatial Sorting
  Presented by Jasdeep Mandia (Massachusetts Institute of Technology)
  Discussed by Yurou He (Cornell University)
• Yurou He (Cornell University), Ariel Ortiz-Bobea (Cornell), Jiong Wu (Ohio State University)
  Creative Destruction or Lasting Decline: Recovery from Wildfires
  Presented by Yurou He (Cornell University)
  Discussed by Xiaofang Dong

^

May 8, 2026: 15:15 to 17:15 (Location: 20.047)
3F. Transit II

Chair: Christopher Severen (Federal Reserve Bank of Philadelphia)

• Giovanni Rodríguez-Fernández (Complutense University of Madrid)
  Use It and Lose It: Short and Long-Term Effects of Public Transport Subsidies
  Presented by Giovanni Rodríguez-Fernández (Complutense University of Madrid)
  Discussed by Pol Cosentino (Université Paris Dauphine-PSL)
• Pol Cosentino (Université Paris Dauphine-PSL)
  Optimal Urban Transport Design in a Quantitative Spatial Model
  Presented by Pol Cosentino (Université Paris Dauphine-PSL)
  Discussed by Nils-Petter Lagerlöf (York University)
• Nils-Petter Lagerlöf (York University)
  Population Density and Public Transit Funding: Political Equilibrium and Social Optimum
  Presented by Nils-Petter Lagerlöf (York University)
  Discussed by Christopher Severen (Federal Reserve Bank of Philadelphia)
• Danae Hernandez-Cortes (Arizona State University), Paulina Oliva (University of Southern California), Christopher Severen (Federal Reserve Bank of Philadelphia)
  Scale Effects of Rapid Transit and Automobile Adoption
  Presented by Christopher Severen (Federal Reserve Bank of Philadelphia)
  Discussed by Giovanni Rodríguez-Fernández (Complutense University of Madrid)

^

May 8, 2026: 15:15 to 17:15 (Location: 20.021)
3G. Student Prize Session I

Chair: Joan Monras (UPF, CREI, and BSE)

• Matteo Ruzzante (Northwestern University), Christopher Sims (Northwestern University)
  The Origins of the Nitrogen Revolution
  Presented by Christopher Sims (Northwestern University)
  Discussed by Daniel Cunha Byström (University of Gothenburg)
• Daniel Cunha Byström (University of Gothenburg)
  From Friends to ‘Family’: Schools, Neighborhoods, and Gang Recruitment
  Presented by Daniel Cunha Byström (University of Gothenburg)
  Discussed by Zhichun Wang (Yale University)
• Zhichun Wang (Yale University), Daojing Zhai (Yale University)
  The Expansion and Dynamic Equilibrium Effects of Institutional Landlords
  Presented by Zhichun Wang (Yale University)
  Discussed by Elena Aguilar (Princeton University)
• Elena Aguilar (Princeton University)
  Credit Constraints, Learning, and Spatial Misallocation
  Presented by Elena Aguilar (Princeton University)
  Discussed by Christopher Sims (Northwestern University)

^

May 8, 2026: 15:15 to 17:15 (Location: 20.029)
3H. Path Dependence

Chair: Elisenda Paluzie (Universitat de Barcelona)

• Gianandrea Lanzara (University of Bologna), Sebastian Ottinger (CERGE-EI), Matteo Santacesaria (University of Genova), Elizaveta Zelnitskaia (CERGE-EI)
  Path Dependence in Economic Geography: Theory and Evidence from Post Roads
  Presented by Elizaveta Zelnitskaia (CERGE-EI)
  Discussed by Juan Moreno-Cruz (University of Waterloo)
• Juan Moreno-Cruz (University of Waterloo)
  Energy Transitions in the Long Run: Theory and Evidence from English Coal
  Presented by Juan Moreno-Cruz (University of Waterloo)
  Discussed by Makoto Fukumoto (Waseda University)
• Makoto Fukumoto (Waseda University)
  Organized vs. Unorganized Memory: The Political Geography of U.S. Bombing and Soviet Internment in Postwar Japan
  Presented by Makoto Fukumoto (Waseda University)
  Discussed by Luca Repetto (Uppsala University)
• Jan bietenbeck (Lund University), Davide Cipullo (Università Cattolica del Sacro Cuore), Edward Pinchbeck (University of Birmingham), Luca Repetto (Uppsala University)
  Human capital shocks and innovation: Evidence from Britain's Lost Generation
  Presented by Luca Repetto (Uppsala University)
  Discussed by Elizaveta Zelnitskaia (CERGE-EI)

^

May 8, 2026: 15:15 to 17:15 (Location: 20.059)
3I. Infrastructure and Development

Chair: Jeanne Sorin (University of Chicago)

• Guillermo Alves (CAF Development Bank of Latin America)
  Urban Planning and Local Development: Evidence from Brazil's City Statute
  Presented by Guillermo Alves (CAF Development Bank of Latin America)
  Discussed by Bruno Barsanetti (FGV EPGE)
• Bruno Barsanetti (FGV EPGE)
  Optimal Provision of Urban Infrastructure: Theory and Evidence from Brazilian Cities
  Presented by Bruno Barsanetti (FGV EPGE)
  Discussed by Yi Jiang (Asian Development Bank)
• Yi Jiang (Asian Development Bank), Eiji Yamada (Japan International Cooperation Agency)
  Urban Transport Investments and Traffic Outcomes: Evidence from Two Major Projects in Dhaka
  Presented by Yi Jiang (Asian Development Bank)
  Discussed by Jeanne Sorin (University of Chicago)
• Jeanne Sorin (University of Chicago)
  Public Roads on Private Lands: Land Costs and Optimal Road Improvements in Urban Uganda
  Presented by Jeanne Sorin (University of Chicago)
  Discussed by Guillermo Alves (CAF Development Bank of Latin America)

^

May 8, 2026: 15:15 to 17:15 (Location: 20.061)
3J. Interjurisdictional Competition

Chair: Allison Green (London School of Economics)

• Colin O’Reilly (Creighton University), Gary Wagner (University of Louisiana at Lafayette)
  Voting with Their Feet: Regulatory Competition and Firm Sorting at State Borders
  Presented by Gary Wagner (University of Louisiana at Lafayette)
  Discussed by Francesco Ruggieri (University of Chicago)
• Francesco Ruggieri (University of Chicago)
  Overlapping Jurisdictions and the Provision of Local Public Goods in U.S. Metropolitan Areas
  Presented by Francesco Ruggieri (University of Chicago)
  Discussed by Augusto Cerqua (Sapienza Università di Roma)
• Augusto Cerqua (Sapienza Università di Roma)
  Looking within a large city: the effect of sub-municipal amalgamations in Rome on electoral outcomes
  Presented by Augusto Cerqua (Sapienza Università di Roma)
  Discussed by Allison Green (London School of Economics)
• Allison Green (London School of Economics), Kaan Cankat (Princeton University)
  Annexation and the Making of the Sun Belt: Municipal Boundary Expansions and Local Public Finance
  Presented by Allison Green (London School of Economics)
  Discussed by Gary Wagner

^

May 8, 2026: 17:45 to 19:15 (Location: 20.023)
4A. Land Use Regulation I

Chair: Noah Kouchekinia (University of California, Irvine)

• Andrea Herrera (LSE)
  Regulating the Skyline: Evidence from London’s Protected Vistas
  Presented by Andrea Herrera (LSE)
  Discussed by Yuxiong Xiao (Vrije Universiteit Amsterdam)
• Yuxiong Xiao (Vrije Universiteit Amsterdam), Hans Koster (Vrije Universiteit Amsterdam), Jos van Ommeren (Vrije Universiteit Amsterdam)
  The Welfare Effects of Building Height Restrictions: Evidence from View Corridors in London
  Presented by Yuxiong Xiao (Vrije Universiteit Amsterdam)
  Discussed by Noah Kouchekinia (University of California, Irvine)
• Noah Kouchekinia (University of California, Irvine)
  Inclusionary Zoning and Housing Supply: Evidence from California’s Palmer Fix
  Presented by Noah Kouchekinia (University of California, Irvine)
  Discussed by Andrea Herrera (LSE)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.027)
4B. Mortgages II

Chair: Leonardo D'Amico (Princeton University)

• Seung-Hyun Hong (University of Illinois, Urbana-Champaign)
  Voting with Your Mortgage: The Value of Democratic Governance
  Presented by Seung-Hyun Hong (University of Illinois, Urbana-Champaign)
  Discussed by Seongjin Park (Nanyang Business School)
• Seongjin Park (Nanyang Business School)
  The Expectation Channel of Mortgage Policy
  Presented by Seongjin Park (Nanyang Business School)
  Discussed by Leonardo D'Amico (Princeton University)
• Victoria Angelova (Harvard University), Leonardo D'Amico (Princeton University)
  The Making of a National Mortgage Market and Its Effects on American Cities
  Presented by Leonardo D'Amico (Princeton University)
  Discussed by Seung-Hyun Hong (University of Illinois, Urbana-Champaign)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.049)
4C. Agglomeration III

Chair: Nicolas Gendron-Carrier (McGill University)

• Federico Curci (Bank of Spain), Alberto Hidalgo (Universitat de les Illes Balears)
  The taller, the better? Agglomeration determinants and urban structure
  Presented by Alberto Hidalgo (Universitat de les Illes Balears)
  Discussed by Peter Njekwa Ryberg (Jönköping International Business School)
• Peter Njekwa Ryberg (Jönköping International Business School)
  Density-induced specialization and the routinization of work
  Presented by Peter Njekwa Ryberg (Jönköping International Business School)
  Discussed by Nicolas Gendron-Carrier (McGill University)
• Nathaniel Baum-Snow (Rotman School of Management, U Toronto), Nicolas Gendron-Carrier (McGill University), Ronni Pavan (University of Rochester)
  Residential Human Capital and Economic Spillovers
  Presented by Nicolas Gendron-Carrier (McGill University)
  Discussed by Alberto Hidalgo (Universitat de les Illes Balears)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.055)
4D. Structural Change

Chair: Sandra Kurniawati (Swedish University of Agricultural Sciences (SLU))

• Yuan Zi (Geneva Graduate Institute)
  A Thirst for Silver: Trade Disruption, Silver Shortage, and the Institutional Causes of Unrest in Nineteenth-Century China
  Presented by Yuan Zi (Geneva Graduate Institute)
  Discussed by Qingyu Chen (University of Oxford)
• Qingyu Chen (University of Oxford)
  A Tale of Two Chinas: Trade, Spatial Reallocation, and Uneven Structural Change
  Presented by Qingyu Chen (University of Oxford)
  Discussed by Sandra Kurniawati (Swedish University of Agricultural Sciences (SLU))
• Sandra Kurniawati (Swedish University of Agricultural Sciences (SLU))
  Quantifying the effects of commodity booms on regional and sectoral outcomes
  Presented by Sandra Kurniawati (Swedish University of Agricultural Sciences (SLU))
  Discussed by Yuan Zi (Geneva Graduate Institute)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.017)
4E. Undesired Neighbors: Tourists and Warehouses

Chair: Jorge Páscoa (Nova SBE)

• Arsène Perrot (Gran Sasso Science Institute)
  Delivering E-Nequalities: The Hidden Costs of Logistics Development for Vulnerable Communities
  Presented by Arsène Perrot (Gran Sasso Science Institute)
  Discussed by Vincenzo Mollisi (University of Palermo)
• Nadia Campaniello (University of Turin and Collegio Carlo Alberto), Alberto Hidalgo (Universitat de les Illes Balears), Vincenzo Mollisi (University of Palermo), Michele Ubaldi (University of Turin)
  Short-term rental housing and neighborhood crime: Evidence from Airbnb in Italy
  Presented by Vincenzo Mollisi (University of Palermo)
  Discussed by Jorge Páscoa (Nova SBE)
• Jorge Ferreira (Nova SBE), Susana Peralta (Nova SBE), João Pereira dos Santos (ISEG - University of Lisbon)
  Touristification and incumbent residents: Evidence from personal income tax records
  Presented by Jorge Páscoa (Nova SBE)
  Discussed by Arsène Perrot (Gran Sasso Science Institute)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.047)
4F. Transit III

Chair: Marco Gonzalez-Navarro (UC-Berkeley)

• Kwok Hao Lee (National University of Singapore Business School), Wenxuan Xu (National University of Singapore Business School)
  Point-to-point mobility and urban resilience: Exploration and exploitation responses to transit disruptions
  Presented by Wenxuan Xu (National University of Singapore Business School)
  Discussed by Igor Brito (FGV EPGE)
• Igor Brito (FGV EPGE)
  The Effects of Transit on Slum Formation in São Paulo
  Presented by Igor Brito (FGV EPGE)
  Discussed by Marco Gonzalez-Navarro (UC-Berkeley)
• Marco Gonzalez-Navarro (UC-Berkeley), Jonathan Hall (University of Alabama), Harrison Wheeler (University of Toronto)
  Uber versus Trains? Worldwide Evidence from Transit Expansions
  Presented by Marco Gonzalez-Navarro (UC-Berkeley)
  Discussed by Wenxuan Xu (National University of Singapore Business School)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.021)
4G. Student Prize Session II

Chair: Yanos Zylberberg (University of Bristol)

• Matthew Jacob (Harvard University), Rene Livas (Harvard University)
  Local Taxes and Suburbanization: Evidence from Philadelphia's Wage Tax
  Presented by Rene Livas (Harvard University)
  Discussed by Pierre-Loup Beauregard (University of British Columbia)
• Pierre-Loup Beauregard (University of British Columbia)
  It's About Time: Social Housing, Parental Labour Supply, and Long-term Child Outcomes
  Presented by Pierre-Loup Beauregard (University of British Columbia)
  Discussed by Yoshiki Wiskamp (London School of Economics)
• Yoshiki Wiskamp (London School of Economics), Ignacio Banares-Sanchez (London School of Economics)
  Trading Trash on Tricycles
  Presented by Yoshiki Wiskamp (London School of Economics)
  Discussed by Rene Livas (Harvard University)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.029)
4H. Cities and Rural Areas

Chair: Mariaflavia Harari (Wharton Real Estate Department)

• Menna Bishop (University of Warwick), Niclas Moneke (University of Oxford), Céline Zipfel (Stockholm School of Economics)
  Female Wage Labour and Rural Development: Evidence from Kenya’s Cut-Flower Boom
  Presented by Niclas Moneke (University of Oxford)
  Discussed by Alina Mulyukova (University of Göttingen)
• Cecilia Hornok (Kiel Institute for the World Economy), Alina Mulyukova (University of Göttingen)
  Place-Based Policies, Gendered Employment and Intra-household Empowerment Effects. Evidence from Special Economic Zones in Africa
  Presented by Alina Mulyukova (University of Göttingen)
  Discussed by Idaliya Grigoryeva (UC San Diego)
• Sam Asher (Imperial College London), Juan Pablo Chauvin (Inter-American Development Bank), Idaliya Grigoryeva (UC San Diego), Paul Novosad (Dartmouth College)
  Rural Spillovers of Urban Growth
  Presented by Idaliya Grigoryeva (UC San Diego)
  Discussed by Niclas Moneke (University of Oxford)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.059)
4I. Public Sector and Development

Chair: Oliver Krebs (ETH Zürich)

• Marta Korczak (European University Institute)
  Losing Capital Status: Does it Matter for a City’s Development?
  Presented by Marta Korczak (European University Institute)
  Discussed by Dimitria Freitas (Humboldt University and Thuenen Institute)
• Dimitria Freitas (Humboldt University and Thuenen Institute)
  The Effect of Public Sector Relocations on Regional Development in Germany
  Presented by Dimitria Freitas (Humboldt University and Thuenen Institute)
  Discussed by Oliver Krebs (ETH Zürich)
• Peter Egger (ETH Zurich), Oliver Krebs (ETH Zürich), Valeria Merlo (University of Tübingen), Georg Wamser (University of Tuebingen)
  Regional Implications of National Tax Policy
  Presented by Oliver Krebs (ETH Zürich)
  Discussed by Marta Korczak (European University Institute)

^

May 8, 2026: 17:45 to 19:15 (Location: 20.061)
4J. Spatial Competition

Chair: Michael Navarrete (Federal Reserve Bank of Atlanta)

• Sebastian Bauer (Stanford University)
  Competition and Welfare in Airport Slot Allocation
  Presented by Sebastian Bauer (Stanford University)
  Discussed by Tu Giang Vu (Vrije Universiteit Amsterdam)
• Gabriel Ahlfeldt (Humboldt University), Hans Koster (Vrije Universiteit Amsterdam), Tu Giang Vu (Vrije Universiteit Amsterdam)
  Mind the Lag: Using Assessed and List Prices as Proxies for Housing Market Values
  Presented by Tu Giang Vu (Vrije Universiteit Amsterdam)
  Discussed by Michael Navarrete (Federal Reserve Bank of Atlanta)
• Seula Kim (Penn State University), Michael Navarrete (Federal Reserve Bank of Atlanta)
  Geospatial Heterogeneity in Inflation: A Market Concentration Story
  Presented by Michael Navarrete (Federal Reserve Bank of Atlanta)
  Discussed by Sebastian Bauer (Stanford University)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.023)
5A. Land Use Regulation II

Chair: Andrii Parkhomenko (University of Southern California)

• François Lafont (CESAER-INRAE)
  Your Backyard Is Our Backyard! The economic effects of land-use planning consolidation
  Presented by François Lafont (CESAER-INRAE)
  Discussed by Christian Hilber (London School of Economics)
• Michael Ball (University of Reading), Paul Cheshire (London School of Economics), Christian Hilber (London School of Economics), Xiaolun Yu (University of Reading)
  Development Delayed: The Role of Market Power and Regulatory Restrictiveness
  Presented by Christian Hilber (London School of Economics)
  Discussed by Tate Twinam (William & Mary)
• Ryan Gallagher (Northeastern Illinois University), Allison Shertzer (Federal Reserve Bank of Philadelphia), Tate Twinam (William & Mary)
  Zoning and the American suburb
  Presented by Tate Twinam (William & Mary)
  Discussed by Andrii Parkhomenko (University of Southern California)
• Brian Greaney (University of Washington), Christian Hilber (London School of Economics), Hans Koster (Vrije Universiteit Amsterdam), Gabriel Loumeau (VU Amsterdam), Andrii Parkhomenko (University of Southern California)
  Land use regulation, homeownership, and the cost of NIMBYism
  Presented by Andrii Parkhomenko (University of Southern California)
  Discussed by François Lafont (CESAER-INRAE)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.027)
5B. Rental Markets

Chair: Javiera Selman (University of Chile)

• Alessandro Ciardo (Universitat de Barcelona and IEB), Jordi Jofre-Monseny (Universitat de Barcelona and IEB), Rodrigo Martinez-Mazza (University College London), Mariona Segú (CY Cergy Paris Université)
  When Leases Get Longer: Tenure Security in Rental Markets
  Presented by Alessandro Ciardo (Universitat de Barcelona and IEB)
  Discussed by Nikhil Datta (University of Warwick)
• Nikhil Datta (University of Warwick), Amrita Kulka (University of Warwick), Jan David Bakker (Bocconi University)
  The Shape of Demand in Rental Housing Markets
  Presented by Nikhil Datta (University of Warwick)
  Discussed by Javiera Selman (University of Chile)
• Javiera Selman (University of Chile)
  Lost in the Process? Information Barriers and Incomplete Take-up of Rental Vouchers
  Presented by Javiera Selman (University of Chile)
  Discussed by Yi Wu (University of Reading)
• Yi Wu (University of Reading)
  Rent Effects of Proximity to AI-Exposed Workplaces in the Post-ChatGPT Era: Evidence from New York City
  Presented by Yi Wu (University of Reading)
  Discussed by Alessandro Ciardo (Universitat de Barcelona and IEB)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.049)
5C. Agglomeration IV

Chair: Jan Cornelius Peters (Thünen Institute)

• Donald Davis (Columbia University), Eric Mengus (HEC Paris), Tomasz Michalski (HEC Paris), Elie Vidal-Naquet (Université Paris-Dauphine)
  Returns to Experience Across and Within Cities
  Presented by Elie Vidal-Naquet (Université Paris-Dauphine)
  Discussed by Enrico Vanino (University of Sheffield)
• Richmond Egyei (King's College London), Emily Fry (Resolution Foundation), Tasos Kitsos (Aston University), Dalila Ribaudo (Aston Business School), Gregory Thwaites (University of Nottingham), Enrico Vanino (University of Sheffield)
  The Power of Places: Drivers of place effects in spatial earnings inequality
  Presented by Enrico Vanino (University of Sheffield)
  Discussed by Jacob Adenbaum (CUNEF Universidad)
• Jacob Adenbaum (CUNEF Universidad), Fil Babalievsky (Census Bureau), William Jungerman (University of North Carolina, Chapel Hil)
  There's Nothing in the Air
  Presented by Jacob Adenbaum (CUNEF Universidad)
  Discussed by Jan Cornelius Peters (Thünen Institute)
• Annekatrin Niebuhr (Institute for Employment Research), Jan Cornelius Peters (Thünen Institute), Duncan Roth (Institute for Employment Research)
  Changes in dynamic agglomeration effects over time and the role of high-quality jobs
  Presented by Jan Cornelius Peters (Thünen Institute)
  Discussed by Elie Vidal-Naquet (Université Paris-Dauphine)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.055)
5D. Urban Structural Change

Chair: Clement Imbert (Sciences Po)

• Kenneth houngbdeji (Dauphine / IRD), Clement Imbert (Sciences Po), Samuel Marshall (University of Warwick), Julien Wolfersberger (University Paris-Saclay), Liam Wren-Lewis (Paris School of Economics)
  Deforestation and Structural Transformation in Sub-Saharan Africa
  Presented by Clement Imbert (Sciences Po)
  Discussed by Yanos Zylberberg (University of Bristol)
• Stephan Heblich (University of Toronto), David Krisztian Nagy (CREI), Alex Trew (University of Glasgow), Yanos Zylberberg (University of Bristol)
  The death and life of Great British Cities
  Presented by Yanos Zylberberg (University of Bristol)
  Discussed by Bruno Conte (Pompeu Fabra University)
• Bruno Conte (Pompeu Fabra University), Jose-Luis Cruz (Federal Reserve Bank of New York), Klaus Desmet (SMU and NBER), Esteban Rossi-Hansberg (University of Chicago)
  Green Development
  Presented by Bruno Conte (Pompeu Fabra University)
  Discussed by Kohei Takeda (National University of Singapore)
• Chang Liu (National University of Singapore), Kohei Takeda (National University of Singapore)
  Universities and the Rise of Services
  Presented by Kohei Takeda (National University of Singapore)
  Discussed by Clement Imbert (Sciences Po)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.017)
5E. Floods and Water

Chair: Marko Irisarri (University of Manchester)

• Yihao Wu (Harvard University)
  Sponge City and Impermeable Housing Value: Evidence from London
  Presented by Yihao Wu (Harvard University)
  Discussed by Emiliano Rinaldi (LSE)
• Emiliano Rinaldi (LSE), Pol Simpson (London School of Economics)
  Dynamic Costs of Resource Shocks: Evidence from Cape Town's Water Crisis
  Presented by Emiliano Rinaldi (LSE)
  Discussed by Amanda Ang (Aalto University and Helsinki GSE)
• Amanda Ang (Aalto University and Helsinki GSE), Peter Christensen (University of California Santa Cruz)
  Evaluating the Social Cost of Flooding: Evidence from São Paulo, Brazil
  Presented by Amanda Ang (Aalto University and Helsinki GSE)
  Discussed by Marko Irisarri (University of Manchester)
• Marko Irisarri (University of Manchester), Jose Nicolas Rosas (Banco de España)
  Floods and Adaptation Strategies: Evidence from Indian Manufacturing
  Presented by Marko Irisarri (University of Manchester)
  Discussed by Carmen Cantuarias-Villessuzanne (ESPI)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.047)
5F. Freight

Chair: Jacob Lefler (UC Berkeley)

• Jacob Lefler (UC Berkeley)
  Freight in the Time of Covid: A Model of U.S. Trucking
  Presented by Jacob Lefler (UC Berkeley)
  Discussed by Shekhar Tomar (Indian School of Business)
• Kashis Arora (CUHK), Mohit Saharan (Indian School of Business), Shekhar Tomar (Indian School of Business)
  Logistical Capacity Frictions and Trade
  Presented by Shekhar Tomar (Indian School of Business)
  Discussed by Ron Yang (University of British Columbia)
• Stephanie Weber (University of Colorado Boulder), Ron Yang (University of British Columbia)
  Life on the Road: Technology Adoption, Capital Reallocation, and Environmental Standards in the Commercial Truck Market
  Presented by Ron Yang (University of British Columbia)
  Discussed by Jacob Lefler (UC Berkeley)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.021)
5G. Cities and Gender Earnings Gaps

Chair: Miguel Zerecero (University of California Irvine)

• Sarthak Joshi (University of Edinburgh)
  Spatial Shocks and Gender Employment Gaps
  Presented by Sarthak Joshi (University of Edinburgh)
  Discussed by Yu (Alan) Yang (Peking University)
• Min Fang (University of Florida), Zibin Huang (Shanghai University of Finance and Economics), Yushi Wang (Peking University Guanghua School of Management), Yu (Alan) Yang (Peking University)
  Sex and the City: Spatial Structural Changes and the Marriage Market
  Presented by Yu (Alan) Yang (Peking University)
  Discussed by Jordan Rosenthal-Kay (Federal Reserve Bank of San Francisco)
• Jordan Rosenthal-Kay (Federal Reserve Bank of San Francisco), Caleb Wroblewski (University of California, Berkeley)
  Sex and the city-size earnings premium
  Presented by Jordan Rosenthal-Kay (Federal Reserve Bank of San Francisco)
  Discussed by Miguel Zerecero (University of California Irvine)
• Miren Azkarate-Askasua (University of Mannheim), Christian Hellwig (Toulouse School of Economics), Miguel Zerecero (University of California Irvine)
  Home Bias and the Gender Wage Gap
  Presented by Miguel Zerecero (University of California Irvine)
  Discussed by Sarthak Joshi (University of Edinburgh)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.029)
5H. Infrastructure Investment

Chair: Fern Ramoutar (University of Toronto)

• Daniele Coen-Pirani (University of Pittsburgh), Marla Ripoll (University of Pittsburgh), Yucheng Wang (University of Sydney)
  Bridging the Gap: How Ownership Affects Infrastructure Quality
  Presented by Daniele Coen-Pirani (University of Pittsburgh)
  Discussed by Gianmarco Ottaviano (Bocconi University)
• Nuriye Melisa Bilgin (University of Turin), Gianmarco Ottaviano (Bocconi University)
  Gravity in AI: How Digital Infrastructure Pulls Its Diffusion.
  Presented by Gianmarco Ottaviano (Bocconi University)
  Discussed by Bing Zhu (Technische Universität München)
• Bing Zhu (Technische Universität München), Peng Liu (Cornell University)
  Infrastructure Risk in Asset Pricing
  Presented by Bing Zhu (Technische Universität München)
  Discussed by Fern Ramoutar (University of Toronto)
• Fern Ramoutar (University of Toronto)
  How Much Water Do Data Centers Use?
  Presented by Fern Ramoutar (University of Toronto)
  Discussed by Daniele Coen-Pirani (University of Pittsburgh)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.025)
5I. Social Housing

Chair: Sebastian Siegloch (University of Cologne)

• Filip Sangild Beck (Copenhagen Business School), David Jinkins (Copenhagen Business School), Ismir Mulalic (Copenhagen Business School)
  The Geography of Public Housing and the Dynamics of City Structure
  Presented by Filip Sangild Beck (Copenhagen Business School)
  Discussed by Luca Perdoni (ifo Institut, LMU)
• Hector Blanco (Rutgers University), Luca Perdoni (ifo Institut, LMU)
  New Deal Public Housing and Racial Segregation in U.S. Cities
  Presented by Luca Perdoni (ifo Institut, LMU)
  Discussed by Maximilian Guennewig-Moenert (University of Cologne)
• Maximilian Guennewig-Moenert (University of Cologne), Sebastian Siegloch (University of Cologne), Raoul van Maarseveen (University of Cologne)
  Cities, Social Housing, and Low-skilled Workers
  Presented by Maximilian Guennewig-Moenert (University of Cologne)
  Discussed by Sebastian Siegloch (University of Cologne)
• Laura Arnemann (University of Mannheim), Maximilian Guennewig-Moenert (University of Cologne), Sebastian Siegloch (University of Cologne)
  The Effect of Social Housing on the Dynamics of Gentrification
  Presented by Sebastian Siegloch (University of Cologne)
  Discussed by Filip Sangild Beck (Copenhagen Business School)

^

May 9, 2026: 9:00 to 11:00 (Location: 20.031)
5J. Place-Based Policies

Chair: Martino Meraviglia (Bocconi University)

• Shiwen Xu (University of Sheffield)
  Did Place-based Revitalization Projects Reshape Local Business? Evidence from Business Improvement Districts in Greater London
  Presented by Shiwen Xu (the University of Sheffield)
  Discussed by Marie-Noëlle Lefebvre (Ecole Supérieure des Professions Immobilières)
• Marie-Noëlle Lefebvre (Ecole Supérieure des Professions Immobilières)
  Who Builds What When Subsidies Flow? Evidence from Place-Based Housing Policies in Small and Mid-Sized French Cities
  Presented by Marie-Noëlle Lefebvre (Ecole Supérieure des Professions Immobilières)
  Discussed by Joan Monras (UPF, CREI, and BSE)
• Joan Monras (UPF, CREI, and BSE), Bryan Stuart (Federal Reserve Bank of Philadelphia)
  The Welfare Effects of Local Investments into Productivity and Quality of Life
  Presented by Joan Monras (UPF, CREI, and BSE)
  Discussed by Maximilian Perl (University of Duisburg-Essen)
• Maximilian Perl (University of Duisburg-Essen), Ugur Yesilbayraktar (University of Duisburg-Essen)
  The Local Effects of Industrial Complexes
  Presented by Maximilian Perl (University of Duisburg-Essen)
  Discussed by Shiwen Xu (the University of Sheffield)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.023)
6A. Taxation of Housing I

Chair: Hugo Silva (Pontificia Universidad Católica de Chile)

• David Mesa Ruiz (University of Edinburgh)
  The regional heterogeneous effects of property transactions taxes in England and Wales
  Presented by David Mesa Ruiz (University of Edinburgh)
  Discussed by Takeru Sugasawa (Housing Research and Advancement Foundation of Japan)
• Takeru Sugasawa (Housing Research and Advancement Foundation of Japan), Shuhei Kitamura (University of Osaka)
  Reallocating Floor-Based Tax Burdens: Evidence from High-Rise Condominium Transactions
  Presented by Takeru Sugasawa (Housing Research and Advancement Foundation of Japan)
  Discussed by José Sousa (Nova School of Business and Economics)
• José Sousa (Nova School of Business and Economics), Joao Santos (ISEG), Carolina Nunes (University College Dublin)
  Gimme Shelter: Can Abolishing Transaction Taxes Help the Young?
  Presented by José Sousa (Nova School of Business and Economics)
  Discussed by Hugo Silva (Pontificia Universidad Católica de Chile)
• Hugo Silva (Pontificia Universidad Católica de Chile), Joaquín Toledo (Pontificia Universidad Católica de Chile)
  Property Taxes as Market Signals: Evidence from Housing Markets with Information Frictions
  Presented by Hugo Silva (Pontificia Universidad Católica de Chile)
  Discussed by David Mesa-Ruiz (University of Edinburgh)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.027)
6B. Housing Risks

Chair: Sinjeong Kim (Pennsylvania State University)

• Ricardo Correa (Federal Reserve Board), Anil Jain (Federal Reserve Board)
  When Prices Begin to Reflect Risk: Evidence From A Reform in Hazard Insurance for U.S. Mortgages
  Presented by Ricardo Correa (Federal Reserve Board)
  Discussed by Heli Song (University College London)
• Heli Song (University College London)
  How the Grenfell Fire "Spread" Across the UK: Housing Markets and Risk Perception
  Presented by Heli Song (University College London)
  Discussed by Thomas Bezy (Paris School of Economics)
• Thomas Bezy (Paris School of Economics)
  Closing the flood insurance protection gap: Evidence from mandated insurance pooling
  Presented by Thomas Bezy (Paris School of Economics)
  Discussed by Sinjeong Kim (Pennsylvania State University)
• Sinjeong Kim (Pennsylvania State University), Mallick Hossain (Federal Reserve Bank of Philadelphia), Natee Amornsiripanitch (Federal Reserve Bank of Philadelphia), Siddhartha Biswas (Federal Reserve Bank of Philadelphia)
  The Hidden Inflation in Homeowners' Insurance
  Presented by Sinjeong Kim (Pennsylvania State University)
  Discussed by Ricardo Correa (Federal Reserve Board)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.049)
6C. Urban Structure

Chair: Antoine Audet-Fortin (HEC Montreal)

• Immanuel Feld (University of Warwick)
  Endogenous public amenities
  Presented by Immanuel Feld (University of Warwick)
  Discussed by Álvaro Sánchez leache (CEMFI)
• Álvaro Sánchez leache (CEMFI)
  The Internal Geography of America's Housing Crisis
  Presented by Álvaro Sánchez leache (CEMFI)
  Discussed by Pierre Vincent (Univ Lyon, UJM Saint-Etienne, GATE UMR 5824, F-42023 Saint-Etienne, France)
• Pierre Vincent (Université Jean Monnet Saint-Étienne)
  Urban overheating and urban configuration : a general equilibrium approach
  Presented by Pierre Vincent (Université Jean Monnet Saint-Étienne)
  Discussed by Antoine Audet-Fortin (HEC Montreal)
• Antoine Audet-Fortin (HEC Montreal), Olivier Schöni (University of Lausanne)
  Residential Density and the Fiscal Cost of Network-Based Infrastructure
  Presented by Antoine Audet-Fortin (HEC Montreal)
  Discussed by Immanuel Feld (University of Warwick)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.055)
6D. Trade

Chair: Swann Chelly (Sciences Po)

• Cihang Wang (University of Illinois)
  Taxing Production Networks: Trade, Misallocation, and Vertical Integration
  Presented by Cihang Wang (University of Illinois)
  Discussed by Christoph Albert (Università di Torino)
• Christoph Albert (Università di Torino)
  Immigrants, Imports, and Welfare: Evidence from Household Purchase Data
  Presented by Christoph Albert (Università di Torino)
  Discussed by Ugur Yesilbayraktar (University of Duisburg-Essen)
• Doruk Gokalp (New York University), Jaume Ventura (CREI), Ugur Yesilbayraktar (University of Duisburg-Essen)
  United States of Europe
  Presented by Ugur Yesilbayraktar (University of Duisburg-Essen)
  Discussed by Swann Chelly (Sciences Po)
• Swann Chelly (Sciences Po), Raphael Lafrogne-Joussier (CREST ENSAE), Isabelle Mejean (Sciences Po)
  Spatial Comovements
  Presented by Swann Chelly (Sciences Po)
  Discussed by Cihang Wang (University of Illinois)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.017)
6E. Air Pollution

Chair: Miquel-Angel Garcia-Lopez (Universitat Autònoma de Barcelona and IEB)

• Qiuxia Gao (National University of Singapore), Bingjing Li (University of Hong Kong), Yu Qin (National University of Singapore)
  Global Plastic Waste Reallocation and Pollution: Evidence from China’s Import Ban
  Presented by Qiuxia Gao (National University of Singapore)
  Discussed by Melanie Krause (Leipzig University)
• Anna Hanitzsch (Leipzig University), Melanie Krause (Leipzig University), Clara Seidel (Leibniz Institute for Trophospheric Research)
  The Path of Pollution and Destruction: Tracing Historical Drivers of Inequality in German Cities
  Presented by Melanie Krause (Leipzig University)
  Discussed by Shihe Fu (Wuhan University)
• Haiqiang Chen (Shenzhen Audencia Financial Technology Institute, Shenzhen University), Shihe Fu (Wuhan University), Zhuoyang Lyu (Ningbo University)
  Air pollution and consumers’ avoidance behavior: Evidence from high-frequency payment data in China
  Presented by Shihe Fu (Wuhan University)
  Discussed by Miquel-Angel Garcia-Lopez (Universitat Autònoma de Barcelona and IEB)
• Miquel-Angel Garcia-Lopez (Universitat Autònoma de Barcelona and IEB)
  Air pollution, mobility, remote work and the Great Lockdown
  Presented by Miquel-Angel Garcia-Lopez (Universitat Autònoma de Barcelona and IEB)
  Discussed by Qiuxia Gao (National University of Singapore)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.047)
6F. Transportation Externalities

Chair: Nikita Gontcharov (UCL)

• Junichiro Ikeda (Ministry of Land, infrastructure, Transport and Tourism), Shota Otsuka (Pacific Consultants Co., Ltd.), Masato Rokutan (Pacific Consultants Co., Ltd.), Hiroaki Shirai (University of Tokyo), Hiroya Shiroma (Pacific Consultants Co., Ltd.)
  The Effects of Traffic Calming on Mortality Risk: Evidence from Hamamatsu City
  Presented by Hiroaki Shirai (University of Tokyo)
  Discussed by Charlotte Liotta (Universitat Autònoma de Barcelona)
• Charlotte Liotta (Universitat Autònoma de Barcelona), Jeroen van den Bergh (Universitat Autònoma de Barcelona), Joan Checa Rius (Institut Metropoli, UAB)
  Building stable public support for urban climate policies: The case of an urban toll in Barcelona
  Presented by Charlotte Liotta (Universitat Autònoma de Barcelona)
  Discussed by Tzu-Ching Chao
• Tzu-Ching Chao, Yau-Huo (Jimmy) Shr (National Taiwan University), Tzu-Tung Wang
  The Life-Saving Price of Zero: Free Bicycle Sharing Program and Road Safety
  Presented by Tzu-Ching Chao
  Discussed by Nikita Gontcharov (UCL)
• Nikita Gontcharov (UCL)
  Spatial distribution of markups within a city in food retail and transportation improvement
  Presented by Nikita Gontcharov (UCL)
  Discussed by Hiroaki Shirai (University of Tokyo)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.021)
6G. Families and Non-Families in Cities

Chair: Catherine van der List (University of Essex)

• Youssef El Yaakoubi (University of Strasbourg)
  Negotiation in dual-earner couples' mobility decisions
  Presented by Youssef El Yaakoubi (University of Strasbourg)
  Discussed by Benjamin Couillard (University of Toronto)
• Benjamin Couillard (University of Toronto)
  Build, Baby, Build: How Housing Shapes Fertility
  Presented by Benjamin Couillard (University of Toronto)
  Discussed by Ana Moreno-Maldonado (CSIC)
• Ana Moreno-Maldonado (CSIC)
  Returns to Size in Local Marriage Markets
  Presented by Ana Moreno-Maldonado (CSIC)
  Discussed by Catherine van der List (University of Essex)
• Emma Duchini, Catherine van der List (University of Essex)
  Children of Neighborhood Renewal: Long-Run Effects of a Revitalization Program
  Presented by Catherine van der List (University of Essex)
  Discussed by Youssef El Yaakoubi (University of Strasbourg)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.029)
6H. Economic History

Chair: Jorge De la Roca (University of Southern California.)

• Martin Schlesinger (University of Graz), Ferdinand Rauch (University of St. Gallen), Hans Manner (University of Graz)
  Industrialization of the Alps
  Presented by Martin Schlesinger (University of Graz)
  Discussed by Felipe Carozzi (London School of Economics)
• Felipe Carozzi (London School of Economics)
  The State Made War, War Made the State: The Great War and Irish Independence
  Presented by Felipe Carozzi (London School of Economics)
  Discussed by Lukas Boehnert (University of Oxford)
• Lukas Boehnert (University of Oxford)
  The Regional Specialization Trade-off
  Presented by Lukas Boehnert (University of Oxford)
  Discussed by Jorge De la Roca (University of Southern California)
• Jorge De la Roca (University of Southern California), Yi-Ju Hung (University of Southern California)
  Engines of uplift: the local returns of HBCUs for Black Americans in the South, 1870–1940
  Presented by Jorge De la Roca (University of Southern California)
  Discussed by Martin Schlesinger (University of Graz)

^

May 9, 2026: 11:30 to 13:30 (Location: 20.025)
6I. Vacant Housing and the Unhoused

Chair: Tuuli Vanhapelto (Adam Smith Business School, University of Glasgow)

• Sylvain Chareyron (Université Paris-Est Créteil), Léna Monasse (ESPI), Florent Sari (Université de Nantes)
  Externality Effects of Building Collapses due to Insufficient Renovation
  Presented by Léna Monasse (ESPI)
  Discussed by Leonardo Menezes Bravo Alvo Nunes (VU Amsterdam)
• Leonardo Menezes Bravo Alvo Nunes (VU Amsterdam)
  Homelessness and City Size
  Presented by Leonardo Menezes Bravo Alvo Nunes (VU Amsterdam)
  Discussed by Taisuke Sadayuki (Seijo University)
• Chigusa Okamoto (Chuo University), Taisuke Sadayuki (Seijo University), Takeru Sugasawa (Housing Research &)
  Effects of Administrative Interventions on Vacant Houses: Evidence from Kyoto City
  Presented by Taisuke Sadayuki (Seijo University)
  Discussed by Daniel Sturm (London School of Economics)
• Daniel Sturm (London School of Economics), Kohei Takeda (National University of Singapore)
  Empty Homes and House Prices: Evidence from London
  Presented by Daniel Sturm (London School of Economics)
  Discussed by Léna Monasse (ESPI)

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May 9, 2026: 11:30 to 13:30 (Location: 20.031)
6J. Neighborhoods and Gentrification

Chair: Motoyuki Yoshihara (Cornell University)

• Kristian Behrens (Université du Québec à Montréal), Hans Koster (Vrije Universiteit Amsterdam), Maria Kuznetsova (National Research University Higher School of Economics), Florian Mayneris (Université du Québec à Montréal)
  Super-gentrification and prime real estate: Evidence from New York's High Line
  Presented by Hans Koster (Vrije Universiteit Amsterdam)
  Discussed by Goya Razavi (NHH)
• Goya Razavi (NHH)
  Neighborhoods, Family and Intergenerational Mobility
  Presented by Goya Razavi (NHH)
  Discussed by Che-Yuan Liang (Uppsala University)
• Nina Glaeser (Institute for Employment Research (IAB))
  The Art of Gentrification: The Effect of High-Status Inflows on Neighborhood Change
  Presented by Nina Glaeser (Institute for Employment Research (IAB))
  Discussed by Motoyuki Yoshihara (Cornell University)
• Motoyuki Yoshihara (Cornell University)
  “Racial laundering?”: The Neighborhood Consequences of Large-Scale Investor Activity in Single-Family Real Estate
  Presented by Motoyuki Yoshihara (Cornell University)
  Discussed by Hans Koster (Vrije Universiteit Amsterdam)

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May 9, 2026: 14:30 to 15:45 (Location: Auditorium)
Keynote 2: Edward Glaeser (Harvard University) – Making Cities Work Better

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May 9, 2026: 16:15 to 18:15 (Location: 20.023)
7A. Taxation of Housing II

Chair: Joan Monras (UPF, CREI, and BSE)

• Zong Huang (Stanford University)
  The Redistributive and Efficiency Effects of Property Taxes
  Presented by Zong Huang (Stanford University)
  Discussed by Gabriel Loumeau (VU Amsterdam)
• Gabriel Loumeau (VU Amsterdam)
  The Economic Benefits of Taxing Property: A 400-Year Natural Experiment from France
  Presented by Gabriel Loumeau (VU Amsterdam)
  Discussed by Sander Ramboer (VATT Institute for Economic Research)
• Cristina Bratu (VATT Institute for Economic Research), Marita Laukkanen (VATT Institute for Economic Research), Teemu Lyytikäinen (VATT Institute for Economic Research), Sander Ramboer (VATT Institute for Economic Research)
  Local Property Tax Incentives and Wind Farm Development: Evidence from Finland
  Presented by Sander Ramboer (VATT Institute for Economic Research)
  Discussed by Ramona Müller (Friedrich-Alexander-Universität Erlangen-Nürnberg)
• Ramona Müller (Friedrich-Alexander-Universität Erlangen-Nürnberg), Matthias Wrede (Friedrich-Alexander-Universität Erlangen-Nürnberg)
  Political Incentives in Local Tax Setting: Evidence from the German Property Tax Reform
  Presented by Ramona Müller (Friedrich-Alexander-Universität Erlangen-Nürnberg)
  Discussed by Zong Huang (Stanford University)

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May 9, 2026: 16:15 to 18:15 (Location: 20.027)
7B. Housing Wealth

Chair: Tereza Ranosova (Deutsche Bundesbank)

• Andrew Griffen (University of Tokyo), Yukichi Mano (Hitotsubashi University), Tomoki Nishiyama (University of Chicago), Yasuyuki Sawada (University of Tokyo), Ze Wang (University of Tokyo)
  Winners and Losers of In-Situ Opportunity: Quasi-Experimental Evidence from a Low-Income Housing Lottery in the Philippines
  Presented by Ze Wang (University of Tokyo)
  Discussed by Holger Sieg (University of Pennsylvania)
• Holger Sieg (University of Pennsylvania)
  The Role of Trusts in the Intergenerational Transfer of Housing Wealth
  Presented by Holger Sieg (University of Pennsylvania)
  Discussed by Knut Are Aastveit (Norges Bank)
• Knut Are Aastveit (Norges Bank), Jesper Böjeryd (Stockholm University), Magnus Gulbrandsen (Norges Bank), Ragnar Juelsrud (Norges Bank), Kasper Roszbach (Norges Bank)
  What Do 12 Billion Card Transactions Say About House Prices and Consumption?
  Presented by Knut Are Aastveit (Norges Bank)
  Discussed by Tereza Ranosova (Deutsche Bundesbank)
• Dena Lomonosov (University of Wisconsin-Madison), Tereza Ranosova (Deutsche Bundesbank)
  Housing Returns over the Life-Cycle
  Presented by Tereza Ranosova (Deutsche Bundesbank)
  Discussed by Ze Wang (University of Tokyo)

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May 9, 2026: 16:15 to 18:15 (Location: 20.049)
7C. Innovation

Chair: Chigusa Okamoto (Chuo University)

• Anna Bottasso (Università di Genova), Federico Mij (University of Genoa), Simone Robbiano (Università di Genova)
  The Innovation Dividend of High Speed Rail: Evidence from Italy
  Presented by Anna Bottasso (Università di Genova)
  Discussed by Wentao Li (Xiamen University)
• Wentao Li (Xiamen University), Wenchuan Zhao (University of Oxford)
  Talent Competition and Innovation Strategy
  Presented by Wentao Li (Xiamen University)
  Discussed by Max Nathan (University College London)
• Max Nathan (University College London)
  Migrant Entrepreneurship, High-Growth Firms and Cities
  Presented by Max Nathan (University College London)
  Discussed by Chigusa Okamoto (Chuo University)
• Chigusa Okamoto (Chuo University)
  University Knowledge and Local Firm Innovation: Complementary and Substitutive Effects
  Presented by Chigusa Okamoto (Chuo University)
  Discussed by Anna Bottasso (Università di Genova)

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May 9, 2026: 16:15 to 18:15 (Location: 20.055)
7D. Retail

Chair: Betty X. Wang (University of Hong Kong)

• Felipe Carozzi (London School of Economics), Ignacio Gonzalez (American University), Rodrigo Martinez-Mazza (University College London)
  Retail Competition Across the Border
  Presented by Rodrigo Martinez-Mazza (University College London)
  Discussed by Tatsuya Kusumi (University of Tokyo)
• Tatsuya Kusumi (University of Tokyo)
  Taming Tax Competition: The Role of Urban Amenities
  Presented by Tatsuya Kusumi (University of Tokyo)
  Discussed by Giulia Faggio (City, University of London)
• Giulia Faggio (City, University of London), Stephen Gibbons (London School of Economics)
  Spending in the City
  Presented by Giulia Faggio (City, University of London)
  Discussed by Betty X. Wang (University of Hong Kong)
• Betty X. Wang (University of Hong Kong), Kwan Ok Lee (National University of Singapore), Desen Lin (California State University Fullerton)
  Amenity Choice Dynamics and Availability-Attractiveness Trade-offs for NYC's N-Minute City
  Presented by Betty X. Wang (University of Hong Kong)
  Discussed by Rodrigo Martinez-Mazza (University College London)

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May 9, 2026: 16:15 to 18:15 (Location: 20.017)
7E. Crime

Chair: Juan Pascual (Universitat de Barcelona and IEB)

• Jing Wu (Princeton University)
  License to Reintegrate: The Effect of Identity Document Provision on Criminal Justice and Economic Outcomes
  Presented by Jing Wu (Princeton University)
  Discussed by Emily Owens (UC Irvine)
• Yilin Zhuo (Balbec Capital LP), Emily Owens (UC Irvine), M. Keith Chen (University of California, Los Angeles)
  Does Neighborhood Investment Actually Affect Crime? New Evidence from LIHTC and Smartphone-based Measures of Policing
  Presented by Emily Owens (UC Irvine)
  Discussed by Juan Pascual (Universitat de Barcelona and IEB)
• Juan Pascual (Universitat de Barcelona &)
  From Detention to Prevention: Using Education to Foster Safer Neighborhoods
  Presented by Juan Pascual (Universitat de Barcelona and IEB)
  Discussed by Ignacio Sarmiento Barbieri (Universidad de Los Andes)
• Ignacio Sarmiento Barbieri (Universidad de Los Andes), Michael Weintraub (Universidad de Los Andes), Carlos Diaz Guimaraens (Universidad Alberto Hurtado), Olga Lucía Sarmiento
  Reducing Crime Without the Police? Evidence from a Place-Based Infrastructure Intervention in Bogotá, Colombia
  Presented by Ignacio Sarmiento Barbieri (Universidad de Los Andes)
  Discussed by Jing Wu (Princeton University)

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May 9, 2026: 16:15 to 18:15 (Location: 20.047)
7F. Migration

Chair: Jingxuan Du (Dongbei University of Finance and Economics)

• Anna Bottasso (Università di Genova), Maurizio Conti (Università di Genova)
  On Track to New Jobs: High-Speed Rail and Worker Mobility in Italy
  Presented by Maurizio Conti (Università di Genova)
  Discussed by Ahmad Hassani (University of Southern Denmark)
• Anna Piil Damm (Aarhus University), Ahmad Hassani (University of Southern Denmark), Camilla Hvidfeldt (The Rockwool Foundation Research Unit)
  School Resources and Integration of Migrant Children
  Presented by Ahmad Hassani (University of Southern Denmark)
  Discussed by Jingxuan Du (Dongbei University of Finance and Economics)
• Jingxuan Du (Dongbei University of Finance and Economics)
  Together or Apart? Migration, Education Access, and Intergenerational Mobility in China
  Presented by Jingxuan Du (Dongbei University of Finance and Economics)
  Discussed by Maurizio Conti (Università di Genova)

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May 9, 2026: 16:15 to 18:15 (Location: 20.021)
7G. Work from Home

Chair: Pierre Picard (Université du Luxembourg)

• Elliot Anenberg (Federal Reserve Board), You Suk Kim (Federal Reserve Board), Erica Moszkowski (UBC)
  Work-From-Home, Commercial Real Estate Risk and Credit Supply: Evidence from a Large Sample of Bank Loan Portfolios
  Presented by Erica Moszkowski (UBC)
  Discussed by Gabrielle Gambuli (Télécom Paris)
• Gabrielle Gambuli (Télécom Paris), David Bounie (Télécom Paris), Chloe Breton (CREST - Télécom Paris), Etienne Côme (Université Gustave Eiffel)
  The Impact of Telework on Local Consumption
  Presented by Gabrielle Gambuli (Télécom Paris)
  Discussed by Huilin Zhang (Purdue University)
• Huilin Zhang (Purdue University)
  Productivity Externalities of Working from Home: Welfare and Policy Implications
  Presented by Huilin Zhang (Purdue University)
  Discussed by Brian Greaney (University of Washington)
• Brian Greaney (University of Washington), Andrii Parkhomenko (University of Southern California), Stijn Van Nieuwerburgh (Columbia University)
  Work from Home and the Evolution of Cities
  Presented by Brian Greaney (University of Washington)
  Discussed by Erica Moszkowski (UBC)

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May 9, 2026: 16:15 to 18:15 (Location: 20.029)
7H. Demography and Demographic Shocks

Chair: Stephen Claassen (University of Toronto)

• Yuta Suzuki (Antai College of Economics and Management, Shanghai Jiao Tong University)
  Local Shocks and Regional Dynamics in an Aging Economy
  Presented by Yuta Suzuki (Antai College of Economics and Management, Shanghai Jiao Tong University)
  Discussed by Bing Zhu (Technische Universität München)
• Yildiray Yildirim (Zicklin School of Business), Jian Zhang (University of Hong Kong), Bing Zhu (Technische Universität München)
  Opioid Crisis and Local Economic Pain: Evidence from Commercial Real Estate Loan
  Presented by Bing Zhu (Technische Universität München)
  Discussed by Stephen Claassen (University of Toronto)
• Carolina Arteaga (University of Toronto), Victoria Barone (University of Notre Dame), Stephen Claassen (University of Toronto)
  Demographic Divergence: The Legacy of the Opioid Epidemic
  Presented by Stephen Claassen (University of Toronto)
  Discussed by Yuta Suzuki (Antai College of Economics and Management, Shanghai Jiao Tong University)

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May 9, 2026: 16:15 to 18:15 (Location: 20.025)
7I. Informality and Slums

Chair: Siti Nurul Roslan (Taylor's University)

• Alishuba Milna Philip (University of Zurich)
  Slum Redevelopments and Evictions in a Developing Megacity
  Presented by Alishuba Milna Philip (University of Zurich)
  Discussed by Juan Pablo Chauvin (Inter-American Development Bank)
• Juan Pablo Chauvin (Inter-American Development Bank), Miguel Talamas Marcos (Inter-American Development Bank)
  Agglomeration, Informality, and Firm Dynamics
  Presented by Juan Pablo Chauvin (Inter-American Development Bank)
  Discussed by Thiago Patto (Insper)
• Thiago Patto (Insper), Daniel Da Mata (Sao Paulo School of Economics - FGV)
  Self-Employment and Residential Location: Evidence from a Large-Scale Housing Program
  Presented by Thiago Patto (Insper)
  Discussed by Jacob Moore (UC Berkeley)
• Marco Gonzalez-Navarro (UC Berkeley), Jacob Moore (UC Berkeley), Raimundo Undurraga (Universidad de Chile and MIGRA Millenium Nucleus)
  Immigration and the Role of Slums in Housing Affordability
  Presented by Jacob Moore (UC Berkeley)
  Discussed by Alishuba Milna Philip (University of Zurich)