The Leibniz Institute for Financial Research SAFE and the Real Estate Institute at the Frankfurt School of Finance & Management cordially invite you to submit your paper to the
1st Annual Workshop in Real Estate Finance
Housing Market Frictions and Access to Homeownership
to be held on 24 - 25 August 2026, Frankfurt School of Finance & Management,
Frankfurt am Main, Germany
Submission Portal
Submission Deadline: 30 April 2026
Download Call for Papers (pdf)
Housing markets are shaped by a wide set of frictions that impede price discovery, distort allocations, and amplify distributional consequences. These can reflect financial constraints, the search and matching process, market liquidity and transaction costs, or can result from individual behavioral preferences, imperfect information, and institutional characteristics.
The goal of the workshop is to discuss and support the development of new theoretical and empirical frameworks that quantify these frictions, identify transmission mechanisms, and evaluate how they interact across demand and supply. We consider work on households, lenders, developers, landlords, intermediaries, and on how policies (including borrower-based macroprudential regulation) propagate through markets to shape prices, quantities, mobility, and access to homeownership.
The workshop welcomes a broad range of approaches to measurement and modeling, including:
- Empirical studies using transaction-level, listings, appraisal, or credit registry data.
- Reduced-form designs, structural estimation, and models with financia constraints, search, bargaining, and illiquidity.
- Quantitative macro-housing models with heterogeneous agents and policy counterfactuals.
- Applications of AI and high-dimensional methods to housing and credit markets.
Keynote Lectures
The workshop will feature keynote lectures by:
Timothy McQuade, Associate Professor of Finance, Real Estate, Entrepreneurship and Innovation, Haas School of Business, UC Berkeley and NBER
Andreas Fuster, Associate Professor of Finance and SFI Senior Chair at Swiss Finance Institute at EPFL and CEPR.
Submission and Presentation Details
Authors are invited to submit full papers or extended abstracts. Submissions should be sent as PDF files via the link below. At least one author of each accepted paper is expected to attend and present at the workshop in person. We have allocated 25 minutes for the presentation, 15 minutes for the discussion, and 5 minutes for general Q&A. The final program will include approximately 10-12 papers.
Please submit your full paper or extended abstract by 15 April 2026 through the submission portal.
Conference Schedule
The workshop will start on the afternoon of the 24th of August at the Frankfurt School of Finance & Management, to allow interested participants to arrive in Frankfurt in the morning. The first day will feature an academic session and a panel discussion followed by a workshop dinner. The 25th of August will feature a full day of academic sessions.
Doctoral Student Session
We reserve two presentation slots in the program for PhD candidates. Submissions by doctoral students can include job market papers or co-authored work. Limited travel support is available for presenters without access to institutional funding.
Important Dates
Submission deadline: 15 April 2026
Notification of acceptance: 30 April 2026
Workshop dates: 24 - 25 August 2026
Program Committee
Francisco Amaral (University of Zurich)
Ella Getz Wold (BI Oslo)
Sophia Gilbukh (Zicklin School of Business, CUNY Baruch College)
Ragnar Juelsrud (University of Oslo)
Georgi Kocharkov (European Central Bank and Bundesbank)
Lee Kwan Ok (NUS)
Lu Liu (Wharton School, University of Pennsylvania)
Pierre Mabille (INSEAD)
Gonzalo Paz-Pardo (European Central Bank)
Tereza Ranošová (Bundesbank)
Local Organizers
Cristian Badarinza (Frankfurt School of Finance & Management)
Claes Bäckman (Leibniz Institute for Financial Research SAFE)
Contact Information
For questions regarding organizational details, submissions, or the workshop, please contact: c.badarinza@fs.de or claes.backman@gmail.com.
