
Joseph E. Gyourko
· Director of the Samuel Zell and Robert Lurie Real Estate Center, Professor of Real EstateUniversity of Pennsylvania · Marketing
Active 1986–2025
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About
Joseph E. Gyourko is a professor associated with the Zell/Lurie Real Estate Center at the Wharton School of the University of Pennsylvania. His work is centered on real estate education and research, contributing to the center's mission of promoting excellence in these areas. Gyourko is actively involved in various events and programs related to real estate, including the Grayken Program in International Real Estate and the Zell/Lurie Real Estate Center's initiatives. He is recognized for his leadership in the field, participating in podcasts and discussions on housing affordability and urban development. His contributions support the center's goal of mastering the metropolis through research and thought leadership.
Research topics
- Geography
- Economics
- Business
- Demography
- Macroeconomics
- Archaeology
- Engineering
- Financial economics
- Labour economics
- Civil engineering
Selected publications
Land finance in China: Analysis and review
China Economic Review · 2022 · 167 citations
1st authorCorrespondingJournal of Urban Economics · 2021 · 138 citations
1st authorCorrespondingThe role of price spillovers in the American housing boom
Journal of Urban Economics · 2018-10-11 · 71 citations
articleSenior authorCorrespondingNational Bureau of Economic Research · 2019-12-01 · 47 citations
report1st authorCorrespondingWe report results from a new survey of local residential land use regulatory regimes for over 2,450 primarily suburban communities across the U.S. The most highly regulated markets are on the two coasts, with the San Francisco and New York City metropolitan areas being the most highly regulated according to our metric. Comparing our new data to that from a previous survey finds that the housing bust associated with the Great Recession did not lead any major market that previously was highly regu…
Why Has Construction Productivity Stagnated? The Role of Land-Use Regulation
National Bureau of Economic Research · 2024-11-01 · 14 citations
reportOpen accessWhy is it so expensive to build? Foerster et al. (2022) find that the American economy for-goes 0.75 percentage points in GDP growth every year because of sluggish productivity growth in construction, which implies a $1 trillion loss every five years. We formalize and evaluate the hypothesis that land-use regulation limits the size of building projects, which reduces the size of construction companies, which limits scale economies and the incentives to invest in innovation, which limits producti…
Frequent coauthors
- 159 shared
Edward L. Glaeser
National Bureau of Economic Research
- 49 shared
Joseph Tracy
- 46 shared
Raven E. Saks
- 42 shared
Yongheng Deng
University of Wisconsin–Madison
- 40 shared
Jing Wu
The University of Texas at Austin
- 40 shared
Joshua D. Gottlieb
University of Chicago
- 32 shared
Todd Sinai
- 26 shared
Albert Sáiz
Labs
Awards & honors
- Joe Gyourko Pre-Doctoral Fellowship Fund
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