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DTSTAMP:20261007T100501
DTSTART;TZID=America/Detroit:20261013T113000
DTEND;TZID=America/Detroit:20261013T125000
SUMMARY:Workshop / Seminar:Births\, Aging\, and Migration: How Demographics and Demand Drive Growth in the US Housing Price
DESCRIPTION:The real price of housing in the US increased 60.4% from 1980 to 2019. Over this same period\, the population grew 45%\, and its composition changed as birth rates fell\, people lived longer\, and migration patterns shifted. I quantify the effects of these demographic changes on the real price of housing in a dynamic\, general equilibrium model. I adapt a standard\, state-of-the-art incomplete markets model to include time-varying demographics\, which I calibrate to exactly match a series of empirical population measures from 1980 to 2019. The model indicates that demographic changes can account for 49.6% of the measured increase in the real price of housing. The effects of demographic change in the model are born mostly by younger households: in 2019\, older households achieve a similar standard of living as older households in 1980\, while younger households own and consume less than their 1980 counterparts. Using counterfactual demographic evolutions\, I separately quantify the effects of changes in three demographic channels—births\, aging\, and migration—since 1980. Holding births constant at their 1980 level\, I find that the real price of housing rises an additional 10.2 percentage points\; counterfactuals with constant aging and migration processes produce less price growth than the baseline.
UID:149562-21906706@events.umich.edu
URL:https://events.umich.edu/event/149562
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Macroeconomics,seminar,Economics
LOCATION:North Quad - 4325
CONTACT:
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DTSTAMP:20260911T131259
DTSTART;TZID=America/Detroit:20261013T120000
DTEND;TZID=America/Detroit:20261013T160000
SUMMARY:Exhibition:“Who Counts? A History of Voting in America”
DESCRIPTION:Changes over the course of the nineteenth century in how Americans voted\, from voice vote to public ballot box to private voting booth\, also saw changes in the material culture that surrounded voting. Ballots and ballot boxes\, campaign pins and ribbons\, blank lists and pre-printed party tickets\, lanterns and banners–the creative forces of the American print industry filled the country’s cities and small towns with the ephemera of electioneering.\n\nAs you look at the items in this exhibit\, think about what they tell us about how Americans in the past felt about voting\, and about how voting felt. How did Election Days feel when they were full of parades and music and public drinking? What was it like to vote when everyone around you knew who you voted for? And\, most of all\, who counted as a voter\, and who did the counting?\n\nOn view September 11-December 22\, weekdays from 12-4 pm.
UID:152024-21912661@events.umich.edu
URL:https://events.umich.edu/event/152024
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:William L Clements,Tour,Library,libraries,In Person,history,Exhibition,Exhibit,Event,Americana,american history,american culture
LOCATION:William Clements Library
CONTACT:
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