Haas Newsroom

Haas Real Estate, Banking, and Finance Experts

Banking/Finance/Economy Haas faculty experts

Housing/Real Estate Haas faculty experts

Banking/Finance/Economy

Professor Jim Wilcox on the crisis:

"Efforts by the Treasury and the Fed to get credit flowing to businesses and households may start to bear fruit soon, at relatively little cost to taxpayers. The next two phases of the government’s efforts to revive the economy may well involve tax credits for business capital spending and for household purchases of homes, funds to help state and local governments continue infrastructure projects and maintain payrolls, and support for programs that can remove financing obstacles for both small businesses and households.”

—10/21/08

Terrence Hendershott
Associate Professor
Haas Operations and Information
Technology Management Group
Office: (510) 643-0619
E-mail: hender@haas.berkeley.edu

http://www.haas.berkeley.edu/faculty
/hendershott.html
Expertise: The role of technology in
financial markets

	Hayne Leland Arno Rayner Professor of Finance and Management Haas Finance Group Office: (510) 642-8694 E-mail: leland@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /leland.html Expertise: Structural modeling of credit risk; optimal investment strategies; performance measurement
	Terrance Odean Associate Professor Willis H. Booth Chair in Banking and Finance I Haas Finance Group Office: (510) 642-6767 E-mail: odean@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /odean.html Expertise: Behavioral finance; individual investor finance; gender investment behavior
	Richard Stanton Professor Haas Finance Group Office: (510) 642-7382 E-mail: stanton@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /stanton.html Expertise: Mortgage markets and techniques for hedging and pricing derivatives
	Jim Wilcox Kruttschnitt Family Professor of Financial Institutions Haas Economic Analysis and Policy Group Haas Finance Group Office: (510) 642-2455 E-mail: jwilcox@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /wilcox.html Expertise: Treasury’s rescue plan; banking; Federal Reserve; monetary policy; interest rates; economy-wide unemployment and inflation

Housing/Real Estate

Dennis Williams on the crisis:

“The commercial mortgage market currently suffers from a lack of liquidity and available capital. This despite the fact that delinquencies are extremely low and commercial real estate fundamentals remain pretty decent. While there is some legitimate concern that the softening economy could result in deteriorating fundamentals and ultimately increased delinquencies, no one expects the commercial real estate sector to experience anywhere near the level of problems seen in the residential sector. The illiquidity in the market today is driven as much by fear as by any tangible concerns about the future health of the commercial real estate markets.”

—10/1/08

	Ashok Bardhan Senior Research Associate Fisher Center for Real Estate and Urban Economics Office: (510) 643-7355 E-mail: bardhan@haas.berkeley.edu http://staff.haas.berkeley.edu /bardhan Expertise: Subprime financial crisis; outsourcing of R&D and its impact on US jobs and economy
	Thomas Davidoff Assistant Professor Haas Real Estate Group Office: (510) 643-1425 E-mail: davidoff@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /davidoff.html Expertise: Housing; home equity; real estate and urban economics
	Robert Edelstein Professor Haas Real Estate Group Co-Chair, Fisher Center for Real Estate and Urban Economics Office: (510) 643-6105 E-mail: edelstei@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /edelstein.html Expertise: Subprime mortgage market and urban real estate economics
	Cynthia Kroll Senior Regional Economist Fisher Center for Real Estate and Urban Economics Office: (510) 643-6112 E-mail: kroll@haas.berkeley.edu http://staff.haas.berkeley.edu/kroll/ Expertise: California economic trends and their implications for real estate development opportunities and land development issues
	Kenneth Rosen Co-Chair, Fisher Center for Real Estate and Urban Economics Office: (510) 643-8274 E-mail: krosen@haas.berkeley.edu http://www.haas.berkeley.edu/faculty /rosen.html Expertise: Economics of the housing and commercial real estate markets Mr. Rosen outlines specific solutions to four of the problems currently facing our financial and real estate markets. Go to http://groups.haas.berkeley.edu /realestate/Fisher /PAB/KRosenPR9-22-2008.pdf
	Nancy Wallace California Chair of Real Estate and Urban Economics Chair, Haas Real Estate Group Co-Chair, Fisher Center for Real Estate and Urban Economics Contact: Prof. Wallace requests all media inquiries to be directed to Haas Media Relations. http://www.haas.berkeley.edu/faculty /wallace.html Expertise: Currently consulting with the Treasury and NY Fed. Housing price indices and models to monitor real estate price movements over the business cycle; mortgage prepayment and pricing models; mortgage-backed securities and options pricing
	Dennis Williams Lecturer Haas Real Estate Group Office: (415) 433-1072 E-mail: dwilliams@northmarq.com http://www.haas.berkeley.edu/faculty /williams.html Expertise: Real estate finance; commercial mortgage backed securities; development