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Aaron Hedlund

Research Fellow

Contact Info

Fax: (314) 444-8731

Personal Website

Mailing Address:
Department of Economics
University of Missouri
118 Professional Building
Columbia, MO 65211

Aaron Hedlund

Research Fellow




Journal Publications

"Rural-Urban Migration and House Prices in China"
with Carlos Garriga,  Yang Tang, and Ping Wang
Regional Science and Urban Economics, November 2021, Vol. 91, 103613, pp. 1-29
Working Paper

"Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession"
with Carlos Garriga
American Economic Review, June 2020, Vol. 110, No. 6, pp. 1603-34
Working Paper
https://doi.org/DOI: 10.1257/aer.20170772

"Crises in the Housing Market: Causes, Consequences, and Policy Lessons"
with Carlos Garriga
Oxford Research Encyclopedia, Economics and Finance, August 2019
Working Paper
https://doi.org/10.1093/acrefore/9780190625979.013.159

"Failure to Launch: Housing, Debt Overhang, and the Inflation Option"
American Economic Journal-Macroeconomics, 2019, Vol. 11(2), pp. 228-274
https://doi.org/10.1257/mac.20160371

"Credit Constraints, House Prices, and the Impact of Life Cycle Dynamics"
Economics Letters, 2018, Vol. 171, pp. 202-207
https://doi.org/10.1016/j.econlet.2018.07.028

"Estate Taxation and Human Capital with Information Externalities"
Macroeconomic Dynamics, 2018, Vol. 23, No. 3, pp. 1-33
https://doi.org/10.1017/S1365100518000366

"Illiquidity and its Discontents: Trading Delays and Foreclosures in the Housing Market"
Journal of Monetary Economics, October 2016, Vol. 83, pp. 1-13
https://doi.org/10.1016/j.jmoneco.2016.08.005

"The Cyclical Dynamics of Illiquid Housing, Debt, and Foreclosures"
Quantitative Economics, March 2016, Vol. 7, No. 1, pp. 289-328
https://doi.org/10.3982/QE483

"Accounting for the Rise in College Tuition"
NBER Working Paper Series, February 2016, No. 21967, pp. 01-62
https://doi.org/10.3386/w21967