Lu Liu
@luliu.bsky.social
Assistant Professor @Wharton, studying housing, mortgages, household finance.
https://lu-liu.weebly.com/
https://lu-liu.weebly.com/
📣🚨New pre-doc position! Come work with Julia Fonseca and me on mortgage, housing, and labor markets. We'll be tackling policy-relevant questions with both empirical and structural methods. #econsky #economics -- Link: illinois.csod.com/ux/ats/caree...
Research Specialist
Duties & ResponsibilitiesIndependently cleaning, visualizing and analyzing data using programs such as Stata/Matlab/Python/R
Conducting research t...
illinois.csod.com
October 29, 2025 at 3:21 PM
📣🚨New pre-doc position! Come work with Julia Fonseca and me on mortgage, housing, and labor markets. We'll be tackling policy-relevant questions with both empirical and structural methods. #econsky #economics -- Link: illinois.csod.com/ux/ats/caree...
Reposted by Lu Liu
Happy to share my opinion piece with Stijn on how the GSEs should price climate risks, and the risks that emerge when they don't.
www.marketwatch.com/story/your-h...
www.marketwatch.com/story/your-h...
Your home insurance costs more in high-risk areas. Your mortgage should, too.
Fannie Mae and Freddie Mac don’t factor climate change into rates. More frequent floods, hurricanes and wildfires raise systemic default risk.
www.marketwatch.com
December 11, 2024 at 1:57 PM
Happy to share my opinion piece with Stijn on how the GSEs should price climate risks, and the risks that emerge when they don't.
www.marketwatch.com/story/your-h...
www.marketwatch.com/story/your-h...
Reposted by Lu Liu
Excited to debut my new paper, "Housing Is the Financial Cycle: Evidence from 100 Years of Local Building Permits,” joint with @cortesgustavos.bsky.social. We document that building permits predict financial market volatility across a century of U.S. economic history.
papers.ssrn.com/abstract=485...
papers.ssrn.com/abstract=485...
November 27, 2024 at 1:46 PM
Excited to debut my new paper, "Housing Is the Financial Cycle: Evidence from 100 Years of Local Building Permits,” joint with @cortesgustavos.bsky.social. We document that building permits predict financial market volatility across a century of U.S. economic history.
papers.ssrn.com/abstract=485...
papers.ssrn.com/abstract=485...
Reposted by Lu Liu
12/END Close to publication, we'll launch a website to make our full dataset publicly accessible via Tableau applications. Everyone will soon be able to explore 100 years of housing supply data.
Link to full paper: papers.ssrn.com/abstract=485...
Summary: insights.som.yale.edu/insights/swi...
Link to full paper: papers.ssrn.com/abstract=485...
Summary: insights.som.yale.edu/insights/swi...
Swings in Building Permits Can Help Predict Financial Downturns
Yale SOM’s Cameron LaPoint and his co-author painstakingly assembled a century of local building permits. Again and again, they found, peaks in the issuing of permits preceded periods of economic turm...
insights.som.yale.edu
November 27, 2024 at 1:53 PM
12/END Close to publication, we'll launch a website to make our full dataset publicly accessible via Tableau applications. Everyone will soon be able to explore 100 years of housing supply data.
Link to full paper: papers.ssrn.com/abstract=485...
Summary: insights.som.yale.edu/insights/swi...
Link to full paper: papers.ssrn.com/abstract=485...
Summary: insights.som.yale.edu/insights/swi...
Reposted by Lu Liu
I made a starter pack of academics doing finance research, including finance professors, financial economists, and other economists interested in finance go.bsky.app/944zQWd
September 25, 2024 at 9:57 PM
I made a starter pack of academics doing finance research, including finance professors, financial economists, and other economists interested in finance go.bsky.app/944zQWd
Reposted by Lu Liu
We’re hiring pre-docs!
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Research Associate, Rodney White Center for Financial Research, Wharton School
University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school co...
wd1.myworkdaysite.com
November 15, 2024 at 8:59 PM
We’re hiring pre-docs!
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Reposted by Lu Liu
Wildest thing about the American economy I've learned after two years at the Federal Reserve: Almost 1% of US GDP is residential realtor commissions!
fred.stlouisfed.org/graph/?g=1b2IC
fred.stlouisfed.org/graph/?g=1b2IC
November 6, 2023 at 1:04 PM
Wildest thing about the American economy I've learned after two years at the Federal Reserve: Almost 1% of US GDP is residential realtor commissions!
fred.stlouisfed.org/graph/?g=1b2IC
fred.stlouisfed.org/graph/?g=1b2IC