Professor François Ortalo-Magné is the Albert O. Nicholas Dean of the Wisconsin School of Business.
His research interests include housing, agricultural land markets and policies, and international real estate.
Ortalo-Magné has contributed to the understanding of the housing market through his theoretical work on dynamic equilibrium housing models and through the collection and analysis of novel data sets that provide unique insights into the housing transaction process. He is also interested in the drivers of farmland prices and has written extensively on agricultural policy. He is called upon regularly by policymakers for contributions to housing and agricultural policy debates.
His research has been published in the Review of Economic Studies, the European Economic Review, the Journal of Urban Economics, Economic Policy, the American Journal of Agricultural Economics, the Journal of Real Estate Finance and Economics, and the Journal of Housing Economics. He has also written a book on agricultural policy reform that was published both in French and Japanese.
He is on the editorial board of the Journal of Housing Economics and on the board of the American Real Estate and Urban Economics Association.
At Wisconsin, he leads efforts to expose students to the world of international real estate both through his teaching and international field trips. In 2010, he led the creation of the innovative Global Real Estate Master (GREM) that combines the strengths of three top-ranked international business schools with the real estate expertise at the Wisconsin School of Business.
Prior to joining the University of Wisconsin-Madison, Ortalo-Magné was in the Department of Economics at the London School of Economics. He holds a Ph.D. in economics from the University of Minnesota.
Selected Published Journal Articles
Davis, M., & Ortalo-Magne, F. (2011). Household Expenditures, Wages, Rents. Review of Economic Dynamics (14), 248-261.
Ortalo-Magne, F., Hendel, I., & Nevo, A. (2009).
The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com. American Economic Review (99), 1878-98.
Ortalo-Magne, F., & Rady, S. (2008).
Heterogeneity within Communities: A Stochastic Model with Tenure Choice. Journal of Urban Economics (64), 1-17.
Ortalo-Magne, F., , H., & , N. (2007).
One city's Home Sellers Do Better on Their Own. American Economic ReviewOrtalo-Magne, F., & Rady, S. (2006).
Housing Market Dynamics: On the Contribution of Income Shock and Credit Constraints. Review of Economic Studies (73), 459-485.
Ortalo-Magne, F., & Rady, S. (2004).
Housing Transactions and Macroeconomic Fluctuations: A Case Study of England and Wales. Journal of Housing Economics (13), 287-303.
Submitted Working Papers
Ortalo-Magne, F. (2011). Trading Frictions and House Price Dynamics.
Ortalo-Magne, F., & Prat, A. On the Political Economy of Urban Growth: Homeownership Versus Affordability.
Ortalo-Magne, F., Mishra, A., & Goodwin, B. The Buck Stops Where? The Distribution of Agricultural Subsidies.
Ortalo-Magne, F., Mello, A., & Rust, J. The Home Selling Problem: Theory and Evidence.
Professional Organizations
Council of Economic Advisors tothe French Ministry of the Ecology, Sustainable Development, Transports and Housing
Counselors of Real Estate
Royal Institution of Chartered Surveyors
Presentations
AEA / AREUEA joint Session
Discussion of "The Costs of Agglomeration: Land Prices in French Cities"
Applied Micro Seminar
Household Expenditures, Wages, Rents
City University of Hong Kong - Dept of Economics
"On the Political Economy of Urban Growth: Homeownership against Affordibility "
Federal Reserve Bank of San Francisco seminar
Household Expenditures, Wages, Rents
Federal Reserve System Conference on Housing and Mortgage Markets
Household Expenditures, Wages, Rents
Housing Urban Labor Macro Conference
Discussion of " The Housing Market(s) in San Diego" by Tim Landvoigt, Monika Piazzesi, and Martin Schneider)
INCAE Finance Dept Seminar
"Spatial Asset Pricing: A First Step "
Lincoln Institute of Land Policy
Household Expenditures, Wages, Rents
London School of Economics - Department of Geography Seminar
"On the Political Economy of Urban Growth: Homeownership against Affordibility "
NYU Stern school of Business Finance Dept Seminar
"Spatial Asset Pricing: A First Step "
Rays of Research
Housing for Smarties
RSAI Annual North American Meeting
Household Expenditures, Wages, Rents
Summer Workshop in Macro Finance
"Spatial Asset Pricing: A First Step "
University of California - Berkeley Seminar
Household Expenditures, Wages, Rents
University of Texas-Austin seminar
Household Expenditures, Wages, Rents
Wash U Olin School of Business - Dept of Economics
"On the Political Economy of Urban Growth: Homeownership against Affordibility "
Workshop on Urban Economics
"On the Political Economy of Urban Growth: Homeownership against Affordibility "
Workshop on Urban Economics
Discussion of "The Homeownership Gap" by Andrew Haughwout, Richard Peach and Joseph Tracy