Dr. James D. Shilling

Dr. James D. Shilling

Curriculum Vitae

   Courses

• FIN 531 Real Estate Finance

   Working Papers

• Y. Kawaguchi and J. D. Shilling, Are Australian Investors Overpaying for Japanese Property?
• J. D. Shilling, International Differences in Homeowner Borrowing Costs
• H. Cho, J. D. Shilling, Valuing Retail Shopping Center Lease Contracts
• J. Dombrow, G. Lee, and J. D. Shilling, Moral Hazard and Adverse Selection for Subprime Lending and Securitization--Priced or not Priced?
• Y. Kawaguchi, J. Sa-Aadu, and J. D. Shilling, Do Changes in Illiquidity Affect Investors' Expectations?  An Analysis of Commercial Property Returns.
• H. Cho, K. H. Kim, and J. D. Shilling, Seemingly Irrational but Predictable Price Formation in Seoul's Housing Market.
• H. Cho, K.H. Kim, and J. D. Shilling, Are House Prices and Trading Volume Related?  Evidence from the Seoul Housing Market.
• H. Cho, B.A. Ciochetti, and J. D. Shilling, Are Commercial Mortgage Defaults Affected by Tax Considerations?
• T. F. Sing and J. D. Shilling, Do Institutional Real Estate Investors have Rational Expectations?

   Contemporary Topics

• Why are More and More Investors Turning to Real Estate?
• Is the Public REIT Market Losing its Luster?

   Short Biography

James D. Shilling is the Michael J. Horne Chair in Real Estate Studies at DePaul University. A prolific scholar, Shilling has produced more than 80 journal articles, studies, books and book chapters. His work has examined real estate investment trusts and the role of real estate in institutional investors’ portfolios; mortgage securitization; commercial mortgage default’ real estate asset pricing’ housing finance and urban economics.

Professor Shilling holds a bachelor’s degree from Otterbein College and earned master’s and doctoral degrees in economics from Purdue University. He was a member of the University of Wisconsin’s faculty between 1990 and 2006 where he was the James A. Graaskamp Professor of Real Estate and Urban Land Economics. In addition, he taught at Cambridge University, where he held the Grosvenor Professor of Real Estate Finance in the Department of Land Economy. He previously lectured at the University of Pennsylvania’s Wharton School and Louisiana State University. He has also worked for the Federal Home Loan Bank Board.

Professor Shilling is a past president of the American Real Estate and Urban Economics Association and a past editor of its top-ranked journal Real Estate Economics. He has been honored by a number of prestigious organizations and is a fellow of several, including the Urban Land Institute, Royal Institution of Chartered Surveyors (RICS), Real Estate Research Institute, and the Homer Hoyt Advanced Studies Institute. Professor Shilling is also a Counselors of Real Estate.

   TextBooks Authored