Dayin Zhang

Zhang, D. (2024). How Are Flood Risks Managed in the United States? Oxford Research Encyclopedia of Economics and Finance

Phalippou, L. & Zhang, D. (2023). The Cost of Mass Gatherings During a Pandemic Social Science & Medicine – Population Health

Zhang, D. & Zhang, C. & Breece, J. (2011). Financial crisis, monetary policy, and stock market volatility in China Annals of Economics and Finance

Feng, R. & Shanthikumar, D. & Zhang, D. (2025). Mortgage Lenders’ Diversity Policies and Mortgage Lending to Minorities

An, X. & Deng, Y. & Zhang, D. Imperfect Flood Insurance Enforcement and Business Misallocation

Zhang, D. Government-Sponsored Wholesale Funding and the Industrial Organization of Bank Lending

Yoon, H. & Zhang, D. How Detrimental Was the Pandemic on Commercial Mortgages? Unveiling Long-Term Consequences for Retail Sector

Zeng, S. & Zhang, D. & Miao, M. Does Political Power Concentration Kill Private Investment? Evidence from China

Barwick, P. & Han, L. & Kroah, J. & Zhang, D. Realtor Referrals to Loan Officers: Efficiency or Exploitation?

Real Estate Finance (RES 410), Spring 2024. Download Syllabus
Fundamentals of real estate finance and investment. Qualitative and quantitative characteristics of commercial real estate. Developing and analyzing commercial property cash flow projections. Introduction to three approaches to valuation with emphasis on investing in commercial real estate. In-depth exposure to debt and equity investor returns.

Real Estate Research Seminar (RES 978), Fall 2022. Download Syllabus
Explore cutting-edge research on urban economics and real estate being conducted across different universities. Invited speakers will describe current or past research, identify challenges involved in their work, and highlight research conceptualization, approaches, methods, and/or data analysis, to better understand how to execute a research project.

Advanced Real Estate Finance Theory (RES 870), Spring 2024. Download Syllabus
A Ph.D. seminar intended to provide an overview of theoretical and empirical research on real estate, with a focus on real estate finance. The topics covered in the course are intended to expose students to some of the major contributions in real estate research as well as a consideration of the current trends and methodological advances in recent papers.

The course will start from the global financial crisis, and study the causes, mechanisms, and consequences of large-scale mortgage defaults during the crisis. Then we move to public policies targeting mortgage borrowers and learn how government interventions panned out. Lastly, we study the different features of the current mortgage market, including financial intermediation, GSEs, brokerage, racial disparities, and market powers.