Urban and Regional Economics

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Jaime Luque

Assistant Professor, Real Estate & Urban Land Economics

 

Why this course

Urban and Regional Economics is a three-credit required course for all Real Estate majors and is largely comprised of second and third-year BBA students. In this course, students study cities, the economic activities therein, and the determinants of those activities. Students look at these through the lens of economists, real estate practitioners, and business men and women. The main topics of the course include the macroeconomics of regional and international real estate markets, applied urban economics (forecasting at the local level), walkability, homelessness and affordable housing, public financing and banks’ portfolio--geographical diversification of real estate exposures.

Biography

Jaime Luque joined the University of Wisconsin-Madison as assistant professor in the Department of Real Estate and Urban Land Economics at the Wisconsin School of Business (WSB) in September 2012. Prior to joining WSB, he was a visiting professor at the Carlos III University of Madrid.

Jaime’s main academic research applies general equilibrium theory to financial and real estate markets. He has conducted research on the consequence of repo and rehypothecation on security pricing and market pressures. This line of research evolved towards the understanding of leverage dynamics, security bubbles and anomalies in currency markets.

 
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