Lu Han

Petro-Canada Associate Professor of Economic Analysis and Policy
Chief Scientist, BEAR Centre

Degrees:	PhD, Stanford University MA, University of California, Davis BA, Nanjing University
Email:	Send an email to Lu Han

Bio

Lu Han is Petro-Canada Associate Professor of Economic Analysis and Policy at Rotman and Academic Director of the Centre for Real Estate and Urban Economics. She currently serves on the Board of the American Real Estate and Urban Economics Association. Lu received a PhD in Economics from Stanford University.

Lu’s research examines housing market dynamics and risks, the microstructure of real estate markets, incentives and efficiencies in the brokerage industry, housing policies, as well as international real estate and green amenities. Her work has been published in highly regarded economics, finance and real estate journals, such as RAND Journal of Economics, Review of Financial Studies, Journal of Urban Economics, Journal of Business and Economic Statistics and Real Estate Economics. She has also contributed to a number of books, including the Handbook of Regional and Urban Economics and Housing Markets and the Financial Crisis. Lu received Mill’s Prize for the Best Paper in Real Estate Economics, 2014.

personal website: http://luhan2.weebly.com/

View Curriculum Vitae

Selected Publications - Papers

Housing Price and Fundamentals in A Transition Economy -- the Case of the Beijing Market; with B. Han and G. Zhu; International Economic Review; 2017
What is the Role of the Asking Price for a House?; with W. Strange; Journal of Urban Economics; 2016
Understanding In-House Transactions in the Real Estate Brokerage Industry; with Seung-Hyun Hong; RAND Journal of Economics; 2016
Bidding Wars for Houses; with W. Strange; Real Estate Economics; Issue: 41(3); 2014
Understanding the Puzzling Risk-Return Relationship for Housing; Review of Financial Studies; Issue: 26(4); 2013; Pages: 877-928
Search and Matching in the Market for Existing Homes; with D. Genesove; Journal of Urban Economics; Issue: 72; 2012; Pages: 31-45
Measuring the Thinness of Real Estate Markets; with D. Genesove; Working Paper; 2012
Testing Cost Inefficiency under Free Entry in the Real Estate Brokerage Industry; with S.H. Hong; Journal of Business and Economics Statistics; Issue: 29; 2011; Pages: 564-578
The Effects of Price Uncertainty on Housing Demand: Empirical Evidence from the U.S. Markets; Review of Financial Studies; Issue: 23; 2010; Pages: 3889-3928
Hedging House Price Risk in the Presence of Lumpy Transaction Costs; Journal of Urban Economics; Issue: 64; 2008; Pages: 270-287

Selected Publications - Books and Chapters

The Microstructure of Housing Markets: Search, Bargaining, and Brokerage; with Will Strange; in Handbook of Regional and Urban Economics; Issue: Vol. 5; 2015
A Spatial Look at Housing Boom and Bust Cycles; with D. Genesove; in Housing Markets and the Financial Crisis, edited by Edward Glaeser and Todd Sinai, University of Chicago Press; 2013; Pages: 41(3)

Honors and Awards

2016-2017	MBA Teaching Award; Rotman School of Management
2015	Mill's Prize for the Best Paper in Real Estate Economics
2008-2014	Excellence in Teaching; Rotman School of Management, University of Toronto
2012-2015	SSHRC Standard Research Grant (CI)
2010-2012	SSHRC Standard Research Grant (PI)
2007-2009	Bell University Lab Research Grants
2008	Best Paper Award; 13th Asian Real Estate Society Annual Meeting
2006	Best Dissertation Award; American Real Estate and Urban Economic Association
2005-present	Petro-Canada Professorship
2006	Connaught Matching Grants
2005	Connaught Start Up Grants
2005	Kapnick Fellow; Stanford Institute for Economic Policy Center

Professional Affiliations/Memberships

Board, American Real Estate and Urban Economics Association

Editorial Board, Journal of Urban Economics

Editorial Board, Real Estate Economics

Editorial Board, Journal of Housing Economics

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