Christopher J. Mayer

Columbia Business School - Finance and Economics

Professor

3022 Broadway

New York, NY 10027

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

35

DOWNLOADS
Rank 6,338

SSRN RANKINGS

Top 6,338

in Total Papers Downloads

8,930

SSRN CITATIONS
Rank 665

SSRN RANKINGS

Top 665

in Total Papers Citations

501

CROSSREF CITATIONS

1,092

Scholarly Papers (35)

Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Journal of Urban Economics, Vol. 65, pp. 237-251, 2009
Number of pages: 44 Posted: 22 Jan 2003 Last Revised: 27 Jul 2011
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia Business School - Finance and Economics and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 1,284 (19,706)
Citation 17

Abstract:

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real options, real estate, uncertainty, investment

Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Number of pages: 37 Posted: 29 Sep 2006 Last Revised: 15 Aug 2021
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia Business School - Finance and Economics and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 53 (480,770)

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Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development

Journal of Urban Economics, Vol. 65, No. 3, pp. 237-51, 2009
Number of pages: 44 Posted: 26 Oct 2011
Laarni T. Bulan, Christopher J. Mayer and C. Tsuriel Somerville
Cornerstone Research, Columbia Business School - Finance and Economics and University of British Columbia (UBC) - Division of Strategy and Business Economics
Downloads 47 (507,170)

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Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide

Columbia Law and Economics Working Paper No. 404, Kreisman Working Papers Series in Housing Law and Policy No. 4
Number of pages: 59 Posted: 16 May 2011 Last Revised: 08 Jan 2015
Christopher J. Mayer, Edward R. Morrison, Tomasz Piskorski and Arpit Gupta
Columbia Business School - Finance and Economics, Columbia Law School, Columbia Business School - Finance and Economics and NYU Stern School of Business
Downloads 768 (41,132)
Citation 31

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Strategic behavior, mortgage modification, default, foreclosure crisis, Countrywide

Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide

Number of pages: 58 Posted: 23 May 2011 Last Revised: 19 Aug 2021
Christopher J. Mayer, Edward R. Morrison, Tomasz Piskorski and Arpit Gupta
Columbia Business School - Finance and Economics, Columbia Law School, Columbia Business School - Finance and Economics and NYU Stern School of Business
Downloads 42 (531,050)
Citation 5

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Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts

Number of pages: 36 Posted: 17 Jan 2001
William M. Gentry, Deen Kemsley and Christopher J. Mayer
Williams College - Department of Economics, Tulane University - Accounting & Taxation and Columbia Business School - Finance and Economics
Downloads 708 (45,932)

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Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts

Number of pages: 39 Posted: 28 Sep 2001 Last Revised: 10 Sep 2021
William M. Gentry, Deen Kemsley and Christopher J. Mayer
Williams College - Department of Economics, Tulane University - Accounting & Taxation and Columbia Business School - Finance and Economics
Downloads 65 (434,759)
Citation 1

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Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts

Posted: 11 Sep 2003
William M. Gentry, Deen Kemsley and Christopher J. Mayer
Williams College - Department of Economics, Tulane University - Accounting & Taxation and Columbia Business School - Finance and Economics

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Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions

Number of pages: 42 Posted: 04 Oct 2005
Charles P. Himmelberg, Christopher J. Mayer and Todd M. Sinai
Goldman, Sachs & Co., Columbia Business School - Finance and Economics and University of Pennsylvania - The Wharton School
Downloads 660 (50,392)
Citation 51

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housing prices, housing rents, user costs, fundamentals, bubbles

Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions

Number of pages: 42 Posted: 23 Nov 2005 Last Revised: 25 Oct 2021
Charles P. Himmelberg, Christopher J. Mayer and Todd M. Sinai
Goldman, Sachs & Co., Columbia Business School - Finance and Economics and University of Pennsylvania - The Wharton School
Downloads 89 (362,219)
Citation 12

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The Inefficiency of Refinancing: Why Prepayment Penalties are Good for Risky Borrowers

Number of pages: 58 Posted: 25 Mar 2008 Last Revised: 06 Sep 2012
Christopher J. Mayer, Tomasz Piskorski and Alexei Tchistyi
Columbia Business School - Finance and Economics, Columbia Business School - Finance and Economics and Cornell SC Johnson College of Business
Downloads 583 (59,155)

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Inefficiency of refinancing, prepayment penalties, risky borrowers, mortgages

The Inefficiency of Refinancing: Why Prepayment Penalties are Good for Risky Borrowers

Number of pages: 54 Posted: 06 Dec 2010 Last Revised: 28 Oct 2021
Christopher J. Mayer, Tomasz Piskorski and Alexei Tchistyi
Columbia Business School - Finance and Economics, Columbia Business School - Finance and Economics and Cornell SC Johnson College of Business
Downloads 51 (489,258)
Citation 4

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What Can We Learn About Investment and Capital Structure with a Better Measure of Q?

AFA 2003 Washington, DC Meetings
Number of pages: 50 Posted: 15 Dec 2002
William M. Gentry and Christopher J. Mayer
Williams College - Department of Economics and Columbia Business School - Finance and Economics
Downloads 570 (61,551)
Citation 7

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Downloads 527 ( 67,966)
Citation 102

Superstar Cities

Number of pages: 53 Posted: 02 Aug 2006
Christopher J. Mayer, Joseph Gyourko and Todd M. Sinai
Columbia Business School - Finance and Economics, University of Pennsylvania - Real Estate Department and University of Pennsylvania - The Wharton School
Downloads 358 (106,402)
Citation 1

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house prices, income inequality, housing supply

Superstar Cities

Number of pages: 54 Posted: 20 Jul 2006 Last Revised: 06 Oct 2021
Joseph Gyourko, Christopher J. Mayer and Todd M. Sinai
University of Pennsylvania - Real Estate Department, Columbia Business School - Finance and Economics and University of Pennsylvania - The Wharton School
Downloads 169 (224,551)
Citation 38

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8.

Determinants of Real House Price Dynamics

Number of pages: 35 Posted: 11 Oct 2002 Last Revised: 24 Oct 2021
Ross School of Business, University of Michigan, University of Aberdeen - Centre for Property Research, University of Michigan at Ann Arbor and Columbia Business School - Finance and Economics
Downloads 417 (90,028)
Citation 3

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9.

Government Regulation and Changes in the Affordable Housing Stock

Number of pages: 18 Posted: 25 Aug 2005
C. Tsuriel Somerville and Christopher J. Mayer
University of British Columbia (UBC) - Division of Strategy and Business Economics and Columbia Business School - Finance and Economics
Downloads 398 (95,009)
Citation 1

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housing, affordability, renters, regulation

10.

Essay: A New Proposal for Loan Modifications

Yale Journal on Regulation, Vol. 26, No. 2, pp. 417-429, 2009
Number of pages: 13 Posted: 26 Oct 2011
Christopher J. Mayer, Edward R. Morrison and Tomasz Piskorski
Columbia Business School - Finance and Economics, Columbia Law School and Columbia Business School - Finance and Economics
Downloads 305 (127,676)
Citation 18

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11.

The Mortgage Market Meltdown and House Prices

B.E. Journal of Economic Analysis & Policy, Vol. 9, No. 3, Article 8, 2009
Number of pages: 47 Posted: 27 Oct 2011
R. Glenn Hubbard and Christopher J. Mayer
Columbia Business School - Finance and Economics and Columbia Business School - Finance and Economics
Downloads 290 (134,679)
Citation 3

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12.

Do Stock Prices Really Reflect Fundamental Values? The Case of Reits

Number of pages: 39 Posted: 27 Oct 2004 Last Revised: 26 Aug 2021
William M. Gentry, Charles M. Jones and Christopher J. Mayer
Williams College - Department of Economics, Columbia University and Columbia Business School - Finance and Economics
Downloads 290 (134,679)

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13.

Sponsor Risk and the Performance of Asset-Backed Securities

Columbia Business School Research Paper No. 11-6
Number of pages: 44 Posted: 25 Aug 2011
Christopher J. Mayer, Kathleen Johnson and Oliver Faltin-Traeger
Columbia Business School - Finance and Economics, Board of Governors of the Federal Reserve System and Columbia University - Columbia Business School
Downloads 266 (147,203)
Citation 1

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14.

Property Tax Limits and Local Fiscal Behavior: Did Massachusetts Cities and Towns Spend Too Little on Town Services Under Proposition 2.5

Number of pages: 44 Posted: 21 Mar 1997
Katharine Bradbury, Christopher J. Mayer and Karl E. Case
Federal Reserve Bank of Boston, Columbia Business School - Finance and Economics and Deceased
Downloads 266 (147,203)
Citation 6

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15.

The Rise in Mortgage Defaults

Journal of Economic Perspectives, Vol. 23, No. 1, pp. 27-50, 2009
Number of pages: 24 Posted: 27 Oct 2011
Christopher J. Mayer, Karen M. Pence and Shane M. Sherlund
Columbia Business School - Finance and Economics, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 219 (177,923)
Citation 27

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16.

Loss Aversion and Seller Behavior: Evidence from the Housing Market

Number of pages: 42 Posted: 08 Mar 2001 Last Revised: 07 Oct 2021
David Genesove and Christopher J. Mayer
Hebrew University of Jerusalem - Department of Economics and Columbia Business School - Finance and Economics
Downloads 146 (253,366)
Citation 52

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17.

Subprime Mortgage Pricing: The Impact of Race, Ethnicity, and Gender on the Cost of Borrowing

Number of pages: 35 Posted: 07 Apr 2009
Andrew Haughwout, Christopher J. Mayer and Joseph S. Tracy
Federal Reserve Bank of New York, Columbia Business School - Finance and Economics and National Bureau of Economic Research (NBER)
Downloads 145 (254,780)
Citation 25

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Subprime, Mortgages, HMDA

18.

Lemons and CDOs: Why Did so Many Lenders Issue Poorly Performing CDOs?

Columbia Business School Research Paper No. 14-50
Number of pages: 50 Posted: 29 Sep 2014
Oliver Faltin-Traeger and Christopher J. Mayer
Columbia University - Columbia Business School and Columbia Business School - Finance and Economics
Downloads 117 (299,515)
Citation 4

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CDO, ABS, structured finance, securitization

19.

Subprime Mortgages: What, Where, and to Whom?

Number of pages: 43 Posted: 22 Jun 2008 Last Revised: 26 Jun 2021
Christopher J. Mayer and Karen M. Pence
Columbia Business School - Finance and Economics and Board of Governors of the Federal Reserve System
Downloads 113 (307,074)
Citation 6

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20.

Agency Conflicts, Asset Substitution, and Securitization

Number of pages: 42 Posted: 20 Jul 2006 Last Revised: 10 Oct 2021
Christopher J. Mayer and Yingjin Hila Gan
Columbia Business School - Finance and Economics and Lehman Brothers, New York
Downloads 94 (346,998)
Citation 1

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21.

Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why All Delays are Not Evil

Number of pages: 54 Posted: 10 Jan 2002 Last Revised: 11 Oct 2021
Christopher J. Mayer and Todd M. Sinai
Columbia Business School - Finance and Economics and University of Pennsylvania - The Wharton School
Downloads 90 (356,645)
Citation 10

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Downloads 88 (361,706)
Citation 8

A New Look at Second Liens

Number of pages: 40 Posted: 15 Aug 2012
Donghoon Lee, Christopher J. Mayer and Joseph S. Tracy
Federal Reserve Bank of New York, Columbia Business School - Finance and Economics and National Bureau of Economic Research (NBER)
Downloads 63 (441,985)

Abstract:

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mortgage, second lien

A New Look at Second Liens

Number of pages: 40 Posted: 01 Sep 2012 Last Revised: 03 Jun 2021
Donghoon Lee, Christopher J. Mayer and Joseph S. Tracy
Federal Reserve Bank of New York, Columbia Business School - Finance and Economics and National Bureau of Economic Research (NBER)
Downloads 25 (632,760)
Citation 1

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23.

Equity and Time to Sale in the Real Estate Market

Number of pages: 32 Posted: 16 May 2000 Last Revised: 15 Oct 2021
David Genesove and Christopher J. Mayer
Hebrew University of Jerusalem - Department of Economics and Columbia Business School - Finance and Economics
Downloads 61 (443,039)
Citation 5

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24.

Why Do Households Without Children Support Local Public Schools?

Number of pages: 49 Posted: 29 Sep 2006 Last Revised: 11 Jul 2010
Christian A. L. Hilber and Christopher J. Mayer
London School of Economics (LSE) - Department of Geography and Environment and Columbia Business School - Finance and Economics
Downloads 59 (450,296)
Citation 1

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25.

Housing Price Dynamics within a Metropolitan Area

Number of pages: 30 Posted: 06 Sep 2000 Last Revised: 30 Aug 2021
Karl E. Case and Christopher J. Mayer
Deceased and Columbia Business School - Finance and Economics
Downloads 58 (453,987)
Citation 4

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26.

Commentary

Number of pages: 5 Posted: 14 Sep 2007
Christopher J. Mayer
Columbia Business School - Finance and Economics
Downloads 23 (628,322)

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income inequality

27.

Loss Aversion and Seller Behaviour: Evidence from the Housing Market

Number of pages: 48 Posted: 01 Jun 2001
David Genesove and Christopher J. Mayer
Hebrew University of Jerusalem - Department of Economics and Columbia Business School - Finance and Economics
Downloads 21 (642,447)
Citation 1
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Housing markets, loss aversion, prospect theory

28.

Misinformed Speculators and Mispricing in the Housing Market

Number of pages: 42 Posted: 17 Jan 2014 Last Revised: 26 Aug 2021
Alex Chinco and Christopher J. Mayer
City University of NY, Baruch College, Zicklin School of Business and Columbia Business School - Finance and Economics
Downloads 17 (671,097)
Citation 24

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29.

Housing Bubbles: A Survey

Posted: 31 Aug 2011
Christopher J. Mayer
Columbia Business School - Finance and Economics

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30.

Residential Construction: Using the Urban Growth Model to Estimate Housing Supply

Posted: 17 Jul 2000
Christopher J. Mayer and C. Tsuriel Somerville
Columbia Business School - Finance and Economics and University of British Columbia (UBC) - Division of Strategy and Business Economics

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31.

Reverse Mortgages and the Liquidity of Housing Wealth

JOURNAL OF THE AMERICAN REAL ESTATE AND URBAN ECONOMICS ASSOCIATION, Vol 22 No 2 Summer, 1994
Posted: 10 May 2000
Christopher J. Mayer
Columbia Business School - Finance and Economics

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32.

School Quality and Massachusetts Enrollment Shifts in the Context of Tax Limitations

Wellesley College Working Paper No. 98-12
Posted: 12 Nov 1998
Karl E. Case, Katharine Bradbury and Christopher J. Mayer
Deceased, Federal Reserve Bank of Boston and Columbia Business School - Finance and Economics

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33.

Intergenerational Transfers, Borrowing Constraints, and Saving Behavior: Evidence from the Housing Market

Posted: 27 Jun 1998
Gary V. Engelhardt and Christopher J. Mayer
Syracuse University - Center for Policy Research and Columbia Business School - Finance and Economics

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34.

Unifying Empirical and Theoretical Models of Housing Supply

Sauder School of Business Working Paper
Posted: 21 Feb 1997
Christopher J. Mayer and C. Tsuriel Somerville
Columbia Business School - Finance and Economics and University of British Columbia (UBC) - Division of Strategy and Business Economics

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35.

Gifts, Down Payments, and Housing Affordability

J. OF HOUSING RESEARCH
Posted: 11 Oct 1996
Christopher J. Mayer and Gary V. Engelhardt
Columbia Business School - Finance and Economics and Syracuse University - Center for Policy Research

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