Christopher Mayer
Biographic Data
| ID | 3960579 |
|---|---|
| NAME | Christopher Mayer |
| GIVEN NAMES | Christopher |
| FAMILY NAME | Mayer |
| SIGNATURE | MAYER C |
| AFFILIATIONS | Columbia Business School, New York, New York; National Bureau of Economic Research, Cambridge, Massachusetts. |
| ORCID | 0000-0002-5612-5481 |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 139 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2001 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 5 |
Vascular age as a key for a team-based approach to manage blood pressure bridging community pharmacists and primary healthcare physicians—The Together trial
Background: Highlighting arterial stiffness in Community Pharmacies (CPh) has been met with considerable interest in Portugal, Austria, and Spain. TOGETHER aims to evaluate whether empowering hypertensive subjects by determining blood pressure (BP) and vascular aging in CPh increases hypertension (HTN) control, while establishing paths of lasting cooperation between General Practitioners (GP) and CPh. Methods: TOGETHER is a cluster-randomized, pr…
Homeownership and the American Dream
For decades, it was taken as a given that an increased homeownership rate was a desirable goal. But after the financial crises and Great Recession, in which roughly eight million homes were foreclosed on and about $7 trillion in home equity was erased, economists and policymakers are re-evaluating the role of homeownership in the American Dream. Many question whether the American Dream should really include homeownership or instead focus more on …
Superstar Cities
We document large long-run differences in average house price appreciation across metropolitan areas over the past 50 years, and show they can be explained by an inelastic supply of land in some unique locations combined with an increasing number of highincome households nationally. The resulting high house prices and price-to-rent ratios in those “superstar” areas crowd out lower income households. The same forces generate a similar pattern amon…
Irreversible investment, real options, and competition: Evidence from real estate development
Why do households without children support local public schools? Linking house price capitalization to school spending
The Rise in Mortgage Defaults
The first hints of trouble in the mortgage market surfaced in mid-2005, and conditions subsequently began to deteriorate rapidly. Mortgage defaults and delinquencies are particularly concentrated among borrowers whose mortgages are classified as "subprime" or "near-prime." The main factors underlying the rise in mortgage defaults appear to be declines in house prices and deteriorated underwriting standards, in particular an increase in loan-to-va…
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Loss Aversion and Seller Behavior: Evidence from the Housing Market
Data from downtown Boston in the 1990s show that loss aversion determines seller behavior in the housing market. Condominium owners subject to nominal losses 1) set higher asking prices of 25–35 percent of the difference between the property's expected selling price and their original purchase price; 2) attain higher selling prices of 3–18 percent of that difference; and 3) exhibit a much lower sale hazard than other sellers. The list price resul…
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Homeownership and the American Dream
For decades, it was taken as a given that an increased homeownership rate was a desirable goal. But after the financial crises and Great Recession, in which roughly eight million homes were foreclosed on and about $7 trillion in home equity was erased, economists and policymakers are re-evaluating the role of homeownership in the American Dream. Many question whether the American Dream should really include homeownership or instead focus more on …
The Rise in Mortgage Defaults
The first hints of trouble in the mortgage market surfaced in mid-2005, and conditions subsequently began to deteriorate rapidly. Mortgage defaults and delinquencies are particularly concentrated among borrowers whose mortgages are classified as "subprime" or "near-prime." The main factors underlying the rise in mortgage defaults appear to be declines in house prices and deteriorated underwriting standards, in particular an increase in loan-to-va…
Why do households without children support local public schools? Linking house price capitalization to school spending
Irreversible investment, real options, and competition: Evidence from real estate development
Loss Aversion and Seller Behavior: Evidence from the Housing Market
Data from downtown Boston in the 1990s show that loss aversion determines seller behavior in the housing market. Condominium owners subject to nominal losses 1) set higher asking prices of 25–35 percent of the difference between the property's expected selling price and their original purchase price; 2) attain higher selling prices of 3–18 percent of that difference; and 3) exhibit a much lower sale hazard than other sellers. The list price resul…
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Irreversible investment, real options, and competition: Evidence from real estate development
Why do households without children support local public schools? Linking house price capitalization to school spending
The Rise in Mortgage Defaults
The first hints of trouble in the mortgage market surfaced in mid-2005, and conditions subsequently began to deteriorate rapidly. Mortgage defaults and delinquencies are particularly concentrated among borrowers whose mortgages are classified as "subprime" or "near-prime." The main factors underlying the rise in mortgage defaults appear to be declines in house prices and deteriorated underwriting standards, in particular an increase in loan-to-va…
Superstar Cities
We document large long-run differences in average house price appreciation across metropolitan areas over the past 50 years, and show they can be explained by an inelastic supply of land in some unique locations combined with an increasing number of highincome households nationally. The resulting high house prices and price-to-rent ratios in those “superstar” areas crowd out lower income households. The same forces generate a similar pattern amon…
Homeownership and the American Dream
For decades, it was taken as a given that an increased homeownership rate was a desirable goal. But after the financial crises and Great Recession, in which roughly eight million homes were foreclosed on and about $7 trillion in home equity was erased, economists and policymakers are re-evaluating the role of homeownership in the American Dream. Many question whether the American Dream should really include homeownership or instead focus more on …
Vascular age as a key for a team-based approach to manage blood pressure bridging community pharmacists and primary healthcare physicians—The Together trial
Background: Highlighting arterial stiffness in Community Pharmacies (CPh) has been met with considerable interest in Portugal, Austria, and Spain. TOGETHER aims to evaluate whether empowering hypertensive subjects by determining blood pressure (BP) and vascular aging in CPh increases hypertension (HTN) control, while establishing paths of lasting cooperation between General Practitioners (GP) and CPh. Methods: TOGETHER is a cluster-randomized, pr…
Economics (7 works) · Housing Market and Economics (7 works) · Monetary economics (4 works) · Business (3 works) · Econometrics (3 works) · Finance (3 works) · Finance (3 works) · Financial Literacy, Pension, Retirement Analysis (3 works) · House price (3 works) · Microeconomics (3 works)