Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia Business School. His research lies at the intersection of housing, asset pricing, and macroeconomics. He also researches government debt and fiscal policy. Professor Van Nieuwerburgh started his career at New York University's Stern School of Business, where he was most recently David S. Loeb Professor of Finance. At NYU, he was also affiliated with the Center for Global Business and the Economy and the Marron Institute. He has served as an advisor to the Norwegian Minister of Finance, has been a visiting scholar in numerous central and federal reserve banks, and has contributed to the World Economic Forum project on real estate price dynamics. Professor Van Nieuwerburgh is also Editor at the Review of Financial Studies, and a Faculty Research Associate at the National Bureau of Economic Research and at the Center for European Policy Research.
Professor Van Nieuwerburgh conducts research on how financial market liberalisation in the mortgage market relaxed household's down payment constraints.
He also researches how market liberalisation affected the macroeconomy, and the prices of stocks and bonds.
He has worked on regional housing prices, household's mortgage choice, and commercial real estate price formation.
He has also worked on the impact of foreign buyers on the housing market and mortgage market design.
EARLY CAREER
He has been a visiting scholar at the Central Bank of Belgium, the New York and Minneapolis Federal Reserve banks.
He has been a visiting scholar at the Swedish House of Finance and the International Center for Housing Risk.
He was the inaugural Director of the Center for Real Estate Finance Research from 2012 to 2018.
MEDIA & PUBLICATIONS
He has published articles in the Journal of Political Economy, American Economic Review, Econometrica, and Review of Economic Studies.
He has been published in the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and the Journal of Monetary Economics, among others.
He has also appeared as a guest on Real Vision.