Faculty
Yongheng Deng, PhD
Assistant ProfessorYongheng Deng is an assistant professor in the School of Policy, Planning and Development. He is a specialist in real estate economic and finance and an expert in modeling and quantitatively analyzing housing and mortgage markets and policy. His current research pertains mortgage terminations, borrower's unobserved heterogeneity, and the exercise of mortgage options, the impact of real estate ownership by non-real estate firms on firms returns, the employment access, residential location and homeownership, as well as the property market in China. He is also conducting a study regarding impacts of eliminating mortgage interest deduction on housing market funded by the Ford Foundation. He has published in Econometrica, Regional Science and Urban Economics, The Journal of Real Estate Finance and Economics, and The International Library of Critical Writings in Economics - The Economics of Housing.
He previously served as an economist and expert at the Office of Federal Housing Enterprise Oversight (OFHEO) and was a post-doctorate research fellow at the Zell/Lurie Real Estate Center at The Wharton School of the University of Pennsylvania. He received his BA and MS from Shanghai Maritime University in China and his PhD from the University of California at Berkeley.