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Amir Kermani

Professor of Finance and Real Estate · UC Berkeley Haas School of Business

Professor of Finance and Real Estate at UC Berkeley's Haas School of Business and NBER Research Associate (Monetary Economics program). Co-author with Francis Wong of Racial Disparities in Housing Returns in the American Economic Review.

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Published American Economic Review Online 1 Jan 2026 Published Jan 2026

Racial Disparities in Housing Returns

Amir Kermani · Francis Wong

This paper estimates the racial/ethnic gap in realized housing returns using administrative data on individual housing transactions, and investigates the mechanisms that generate those gaps. The …

Housing Inequality Asset Pricing Free Read ↗