Peng Liu (刘鹏)
        
                Associate Professor with Tenure
                Cornell University
                Center for Real Estate and Finance
                465 Statler Hall, School of Hotel Administration
                Ithaca, NY 14853, U.S.A.
                Phone: 607-2542960 
                peng.liu@cornell.edu
                                                                                         www.professorliu.net


Selected Working Papers (see a complete list of papers on Research page)

The economics of commercial real estate preleasingRobert Edelstein and Peng Liu, (R&R at Journal of Real Estate Finance and Economics), 2013.

Best Paper Award, 2012 American Real Estate Society Annual Meeting Best Paper Competition, Sponsored by International Council of Shopping Centers (ICSC).

Real assets, liquidation value and choice of financing, Crocker Liu, Peng Liu, and Zhipeng Zhang, (R&R at Real Estate Economics), 2013.

Semifinalist, Financial Management Association award competition 2010. Presented at the MIT-NUS-Maastricht symposium.

Illiquidity and real estate prices: the case of search frictions, Peng Liu and Wenlan Qian
Research GrantReal Estate Research Institute, 2012.


Selected Publications (see a complete list of papers on Research page)

Economic linkages, relative scarcity, and commodity futures returns, Jaime Casassus, Peng Liu, and Ke Tang, Review of Financial Studies,Forthcoming 2013. 
Best Paper Award, Eurasia Business and Economists Society (EBES) Conference, Istanbul, Turkey, 2012, Sponsored by Professor John P. Rust.

List price information in the negotiation of commercial real estate transaction: is silence golden? Dean Gatzlaff and Peng Liu, Journal of Real Estate Finance and Economics

Best Paper Award, 2012 American Real Estate Society Annual Meeting Best Paper Competition, Sponsored by CoStar group.

Foreclosure of securitized commercial mortgages - a model of the special servicerPeng Liu and Daniel Quan, Journal of Real Estate Finance and Economics2012, 46(2): 321-338. 

Rational herding in microloan markets, Zhang Juanjuan and Peng LiuManagement Science2012, 58(5): 892-912.

Is what’s bad for the goose (tenant), bad for the gander (landlord)?: a retail real estate perspectiveCrocker Liu and Peng Liu Journal of Real Estate Research Forthcoming 2013.
Best Paper Award, 2011 American Real Estate Society Annual Meeting Best Paper Competition, Sponsored by International Council of Shopping Centers (ICSC).

The determinants of homebuilder stock price exposure to lumber: production cost versus housing demandPeng Liu, Xiaomeng Lu and Tang Ke, Journal of Housing Economics 201221, 211-222.

The market for real estate presales: a theoretical approach, Robert Edelstein, Peng Liu, and Fang Wu, Journal of Real Estate Finance and Economics, 2012, 45(1) 30-48. 

The stochastic behavior of commodity prices with heteroskedasticity in the convenience yieldPeng Liu and Ke Tang, Journal of Empirical Finance 201118(2), 211-224.

No-arbitrage conditions for storable commodities and the modeling of futures term structuresPeng Liu and Ke Tang, Journal of Banking and Finance 2010, 34(7), 1675-1684.

Mortgage prepayment and default behavior with embedded forward contract risks in China’s housing market, Yongheng Deng and Peng LiuJournal of Real Estate Finance and Economics 2009, 38, 214–240.

    107days since