Oct
24

Fall 2017 Directors Academy

Tuesday, October 24, 1 p.m.

Directors Academy is a one and a half day corporate governance focused program for new board members.

Gerri C. LeBow Hall
1237
3220 Market Street
Philadelphia, PA 19104
Oct
24

J&J is on Campus!

Tuesday, October 24, 6 p.m.

Come join J&J at a lobby table and an information session to learn about the opportunities they have to offer.

Gerri C. LeBow Hall
Grand Meeting Room and Terrace
220
3220 Market Street
Philadelphia, PA 19104
Oct
25

Networking Workshop

Wednesday, October 25, 4 p.m.

Intimidated by networking events? This workshop, presented by TVD Associates, will give you tips on how to use networking events to your advantage.

Gerri C. LeBow Hall
121
3220 Market Street
Philadelphia, PA 19104
Oct
27

Dr. Pedro Gete, IE Business School

Friday, October 27, 2 p.m.

Dr. Gete will present Mortgage Finance, Liquidity Traps, and Slow Recoveries”

Abstract
We quantify that the recourse mortgages dominant in the European housing systems can account for 38% of the post Great-Recession gap in per capita consumption between the USA and Europe. The result is mostly accounted for by general equilibrium effects through lower housing prices and weak demand for labor. We show that, even with foreclosures costs, in a liquidity trap mortgage regulations that allow for default are welfare dominant to regulations that discourage it. In terms of methodology, we show that models of liquidity traps with long-term debt, endogenous housing prices and default significantly amplify the impact and persistence of financial shocks.

Gerri C. LeBow Hall
406
3220 Market Street
Philadelphia, PA 19104