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Lu Han

Lu Han
Professor | Real Estate and Urban Land Economics
Nathan F. Brand Chair in Real Estate
5257 Grainger Hall

Biography

Lu Han is the Nathan F. Brand Chair Professor in Real Estate and Urban Economics at the Wisconsin School of Business and Faculty Director of the Urban Economics and Real Estate Ph.D. program at the University of Wisconsin-Madison. She is the recipient of the 2024 Erwin A. Gaumnitz Distinguished Faculty Research Award in the Wisconsin School of Business.

Prior to joining the UW, Professor Han was a Professor and Premier’s Research Chair in Productivity and Competitiveness at the University of Toronto, where she received multiple MBA Teaching and Teaching-in-Excellence awards. She was the Founding Academic Director of the Centre for Real Estate and Urban Economics at the University of Toronto and a Chief Scientist for Behavioural Economics in Action at Rotman(BEAR).

Professor Han currently serves as an Editor for Real Estate Economics and an Associate Editor for Review of Financial Studies. She is also on the Editorial Boards for Journal of Urban Economics, Journal of Housing Economics, and Regional Science and Urban Economics.

Professor Han holds a Ph.D. in Economics from Stanford University. Her research interests are at the interface of urban economics, market microstructure, industrial organization and real estate finance. She has conducted extensive research on topics such as affordability, sustainability, land use, market microstructure, housing and mortgage policies.

Research

Selected Accepted Journal Articles

Baum-Snow, N. & Han, L. (2023). The Microgeography of Housing Supply Journal of Political Economy

Selected Published Journal Articles

Han, L. & Lutz, C. & Sand, B. & Stacey , D. (2021). The Effects of a Targeted Financial Constraint on the Housing Market Review of Financial Studies

Zhou, Z. & Chen, H. & Han, L. & Zhang, A. (2021). The Effect of a Subway on House Price: Evidence from Shanghai Real Estate Economics

Han, B. & Han, L. & Zhu, G. (2018). Housing Price and Fundamentals in A Transition Economy — the Case of the Beijing Market International Economic Review

Han, L. & Hong, S. (2016). Understanding In-House Transactions in the Real Estate Brokerage Industry Rand Journal of Economics

Han, L. & Strange, W. (2016). What is the Role of the Asking Price for a House Journal of Urban Economics

Han, L. & Strange, W. (2015). The Microstructure of Housing Markets: Search, Bargaining, and Brokerage Handbook of Regional and Urban Economics

Han, L. & Strange, W. (2014). Bidding Wars for Houses Real Estate Economics

Genesove, D. & Han, L. (2013). A Spatial Look at Housing Boom and Bust Cycles Housing Markets and the Financial Crisis

Han, L. (2013). Understanding the Puzzling Risk-Return Relationship for Housing Review of Financial Studies

Genesove, D. & Han, L. (2012). Search and Matching in the Housing Markets Journal of Urban Economics

Han, L. & Hong, S. (2011). Testing Cost Inefficiency under Free Entry in the Real Estate Brokerage Industry Journal of Business and Economic Statistics

Han, L. (2010). The Effects of House Price Uncertainty on the Life-Cycle Housing Demand Review of Financial Studies

Han, L. (2008). Hedging House Price Risk in the Presence of Lumpy Transaction Costs Journal of Urban Economics

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