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Christopher J. Mayer

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Christopher J. Mayer

Senior Advisor

Cambridge
Christopher.Mayer@brattle.com
Voice: +1.617.864.7900
     

Education

Massachusetts Institute of Technology, Ph.D. in Economics; University of Rochester, B.S. in Economics and Math
 

Biography

An economist and real estate expert, Professor Mayer is Director of the MBA Real Estate Program and the Paul Milstein Center for Real Estate at Columbia Business School. He serves as a Visiting Scholar at the Federal Reserve Bank of New York and on the Board of Directors of the American Real Estate and Urban Economics Association. Previously, he worked as an Economist at the Federal Reserve Bank of Boston and served on the faculties of Columbia University, the University of Michigan, and the Wharton School of the University of Pennsylvania.

His primary research focuses on the factors that lead to real estate cycles, including psychology, capital market constraints, regulation, and new supply. He has examined the implications of pricing deviations between public and private real estate markets and has written on the capitalization of environmental amenities and taxes into real estate prices. He is conducting research on the factors that drive real estate appreciation rates to differ across markets. In addition to his real estate research, Professor Mayer has been funded by the National Science Foundation to examine scheduling and air traffic congestion in the airline industry. Professor Mayer has authored more than twenty-five articles on these subjects and is frequently interviewed in the national media, including the Wall Street Journal, New York Times, CNBC, and National Public Radio.
 

Selected Publications

  • "Land Use Regulation and New Construction," by Christopher J. Mayer and Tsur Somerville, Regional Science and Urban Economics.
  • "Loss Aversion and Seller Behavior: Evidence from the Housing Market," by Christopher J. Mayer and David Genesove, Quarterly Journal of Economics, November 2001.
  • "Property Tax Limits and Local Fiscal Behavior: Did Massachusetts Cities and Towns Spend Too Little on Town Services under Proposition 2 1/2?," by Christopher J. Mayer and Katharine BradburyKarl Case, Journal of Public Economics, 2001.
 

Areas of Expertise