JAMES VANDERHOFF

 

Department of Economics                                                                            (973) 353‑5256 (Office)

 Rutgers University                                                                                       (973) 353‑58129 (FAX)

Newark, New Jersey, 07102                                                                   jhv@andromeda.rutgers.edu

 

Education

            Ph.D.  (Economics)     University of North Carolina, 1979

            B.S.   (Economics)     Michigan State University, 1973

 

Academic Appointments

Professor                      Rutgers University‑Newark  7/96 to present

Associate Professor    Rutgers University‑Newark  7/86 to 6/95

            Assistant Professor     Rutgers University‑Newark  7/80 to 6/86

 

Publications

“The Truth about Light Trucks” (with Douglas Coate), Regulation, April 2001,

 

"Mortgage Default Rates and Borrower Characteristics" (with Richard Anderson), Journal of

Real Estate Research, September 2000

 

"School Finance Reform, School Experience and Student Performance: The Case of New Jersey"

(with Doug Coate), CATO Journal, Spring 1999,

 

"Adjustable and Fixed Rate Mortgage Termination, Option Values and Local Market Conditions:

An Empirical Analysis", Real Estate Economics,  Fall 1996, 379‑406

 

"The Probability of Fixed and Adjustable Rate Mortgage Terminations" (with Richard Phillips and

Eric Rosenblatt), Journal of Real Estate Finance and Economics, Sept. 1996, 95‑104

 

"Alternative Mortgage Instruments, Qualification Constraints, and the Demand for Housing: An

Empirical Analysis", (with Richard Phillips), AUEREA Journal, Fall 1994, 453‑77

 

"Race of the Home Owner and Appreciation of Prices of Single Family Homes in the U.S." (with

Douglas Coate), Journal of Real Estate Finance and Economics, November 1993, 205‑12

 

"Adjustable Rate Mortgages and Housing Demand: The Impact of Mortgage Pricing

Characteristics and Expected Housing Price Appreciation" (with Richard Phillips), Journal of Real Estate Finance and Economics, September 1992, 269‑280

 

"The Role of Relative Pricing on the Fixed Rate Mortgage Term Decisions" (with Richard Phillips

and Eric Rosenblatt), Journal Of Real Estate Research, Spring 1992, 187‑194

 

"The Closing Rate on Residential Mortgage Commitments: An Econometric Analysis" (with Eric

Rosenblatt), Journal of Real Estate Finance and Economics, March 1992, 85‑98

 

"Adjustable Versus Fixed Rate Mortgage Choice:  The Role of Initial Rate Discounts" (with

Richard Phillips), Journal Of Real Estate Research, Spring 1991, 39‑52

 

"Two Earner Households and Housing Demand: The Effects of the Wife's Occupational Choice"

(with  Richard Phillips), Journal of Real Estate Finance and Economics, March 1991, 83‑91

   

"Direct Evidence on Endogenous Expectation Formation Methods," Quarterly Review of

Economics and Business, Autumn 1988, 6‑14.

 

"Relative Price Variability and Monetary Policy Regimes" Journal of Macroeconomics, Spring

1988, 283‑296

 

"Stock Returns and Inflation: An Industry Analysis," (with Mary Golden), Journal of Economics

and Business, December 1986, 341‑352

 

"Stock Returns, Inflation Rates, and Real Variables," (with Douglas Coate), Economic Inquiry,

October 1986, 555‑551

 

"Endogenous Expectation Formation Methods: Evidence from Consumers' Inflation

Expectations," Journal of Macroeconomics, September 1986, 63‑74

 

"Evidence of the Time‑Varying Effect of Expected Inflation Rates on Interest Rates," Review of

Economics and Statistics, August 1984, 477‑481

 

"A 'Rational' Explanation for 'Irrational' Forecasts of Inflation," Journal of Monetary Economics,

May 1984, 387‑392

 

"Support for Rational Expectations Models with U.S. Data," Journal of Monetary Economics,

August 1983, 297‑308

 

Working Papers

 

"The Conditional Probability of Foreclosure: An Empirical Analysis of Conventional Mortgage Loan Defaults" (with Richard Phillips), under review, Real Estate Economics

 

"Do Fair Credit Laws Contribute to Reverse Discrimination in Mortgage Lending: An Empirical Analysis of Conventional Mortgage Markets" (with Richard Phillips), under review,  Journal of Real Estate Finance and Economics

.

“State Takeover of Public Schools and Student Performance”

 


 Recent Presentations at Professional Meetings

"The Conditional Probability of Foreclosure: An Empirical Analysis of Conventional Mortgage Loan Defaults",  American Real Estate Society Annual Conference, Naples, Florida, April 2002.

 

"Do Fair Credit Laws Contribute to Reverse Discrimination in Mortgage Lending: An Empirical Analysis of Conventional Mortgage Markets" (with Richard Phillips), the American Real Estate Society annual conference,  April 2000

 

"Mortgage Default Rates, Profitability and Racial Discrimination: A Metropolitan Market

Analysis" (with Richard Phillips) Southern Economic Association meetings, November 1998

 

"Government Insured Mortgages and Minority Borrowers"  (with Richard Anderson),  Eastern

Economic Association meetings, March 1998