Associate Professor
Northeastern University
Departament of Economics
301 Lake Hall
Boston, MA 02115-5000
Office: 311 Lake Hall
E-mail:
m.luengo@neu.edu
Phone: +1 617 373-4520
Recent Work
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House Price Growth when Kids are Teenagers: A Path to
Higher Intergenerational Achievement?
(with Daniel Cooper).
Last updated: September, 2011
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Time to Cook: Expenditure at Retirement in Spain
(with Almudena Sevilla-Sanz). IMDEA Working Paper 2010-18 .
Last updated: November, 2011
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The Effect of Education on Risky Equity Holdings
(with Dmytro Hryshko and Bent Sorensen). CEPR Discussion Paper 7999.
Last updated: September, 2011
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The user cost, home ownership and housing prices: Theory and evidence from the US
(with Antonia Díaz). The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S. (editors), Elsevier (in press).
Last updated: November, 2011
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Homeownership: Economic Benefits
(with Antonia Díaz). The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S. (editors), Elsevier (in press).
Last updated: August, 2010
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A Penny Saved is Mobility Earned: Advancing Economic Mobility Through Savings
(by Reid Cramer, Rourke O'Brien, Daniel Cooper and Maria Luengo-Prado).
A report for PEW's Economic Mobility Project.
Last updated: November, 2009
Publications in Refereed Journals
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Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education
(with Dmytro Hryshko and Bent Sorensen), Quantitative Economics 2:1 (2011), 37-72.
Featured in Investment News: "Elders' education level found to be a factor in risk aversion"
- House Prices and Risk Sharing (with Dmytro Hryshko and Bent Sorensen), Journal of Monetary Economics 57:8 (2010), 975-987. Appendices
- The Wealth Distribution with Durable Goods (with Antonia Díaz), International Economic Review 51:1 (2010), 143-170.
- On the User Cost and Homeownership (with Antonia Díaz), Review of Economic Dynamics 11:3 (2008), 584-613.
- What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption? (with Bent Sorensen), Review of Economics and Statistics 90:1 (2008), 65-80.
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Durables, Nondurables, Down Payments and Consumption Excesses,
Journal of Monetary Economics, 53:1 (2006), 1509-1539. - Consumption and Aggregate Constraints: International Evidence (with Joseph DeJuan), Oxford Bulletin of Economics and Statistics, 68:1 (2006), 81-99.
- The Impact of Passenger Mix on Reported `Hub Premiums' in the U.S. Airline Industry (with Darin Lee), Southern Economic Journal, 72:2 (2005), 372-394.
- Quality Competition in the U.S. Airline Industry: Are Passengers Willing to Pay More for Additional Legroom? (with Darin Lee), Journal of Air Transport Management, 10:6 (2004), 377-383.
- Public Education, Communities and Vouchers, (with Oscar Volij), Quarterly Review of Economics and Finance, 43:1 (2003), 51-73.