Congratulations Professors Paul Goldsmith-Pinkham and Kelly Shue for winning the “Best Empirical Finance Paper” award for their paper, “The Gender Gap in Housing Returns.” This paper award is sponsored by WRDS (Wharton Research Data Services) and awarded annually at the Western Finance Association Conference in June.
About the Winning Paper:
The Gender Gap in Housing Returns by Paul Goldsmith-Pinkham and Kelly Shue
Abstract: Housing wealth represents the dominant form of savings for American households. Using detailed data on housing transactions across the United States since 1991, we find that single men earn 1.5 percentage points higher unlevered returns per year on housing relative to single women. Read more.
About the WRDS Best Paper Awards:
The best financial research is changing policy and practice at firm, regulatory and national levels, and demonstrating the value of the institutions and researchers who conduct it.