Christian Hilber

Associate Professor of Economic Geography (Reader)

Department of Geography and Environment


Tel: [+44] (0)20 7107 5016

Room: STC 418a, St Clement's Building, LSE

Dr. Christian A.L. Hilber is Associate Professor of Economic Geography at the London School of Economics (LSE). He is an Associate of the Centre for Economic Performance (CEP) and of the Spatial Economics Research Centre (SERC). He is also a Member of the Academic Panel of the What Works Centre. He was the Director of LSE’s MSc Real Estate Economics and Finance between 2003 and 2015.

He holds a Ph.D. in Economics (1998) and an MSc in Business and Economics (1994) from the University of Basel, Switzerland. Prior to joining the LSE in 2003, he was a Postdoctoral Research Fellow at the Wharton School, University of Pennsylvania (1999-2002) and an Economist at Fannie Mae (2002-2003). Hilber’s research concerns urban economics, real estate, housing and local public finance, and political economy. The core focus of his current research is on issues relating to housing and land supply, land use regulation, homeownership, education, agglomeration economies, and social capital. He has published in journals such as Review of Economics and Statistics, Economic Journal, and Journal of Urban Economics.

He currently serves as a Member of the Board of Directors of the American Real Estate and Urban Economics Association (AREUEA), as an Associate Editor of Regional Science and Urban Economics (RSUE) and as a member of the Editorial Board of Journal of Housing Economics. He is a Candidate Fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics. He has served as a consultant to the H.M. Treasury and gave evidence to the National Audit Office. His work has been quoted in the Economist, Wall Street Journal, the Financial Times, the Washington Post, among other outlets, and was used as evidence in Hearings before the U.S. Senate Committee on Finance and the U.S. Senate Budget Committee. Hilber won numerous prizes for his research, teaching, and services to the research community (refereeing).

  • General interest: Applied urban economics and real estate economics
  • Economics of housing tenure choice
  • Economic and social consequences of homeownership
  • Supply side of housing markets: determinants of the housing supply elasticity, determinants and consequences of land use regulation
  • The role of housing constraints for consumer and retail pricing behaviour
  • Location choices of firms and households
  • Local public finance and education economics
  • Capitalisation of local public goods into property prices and the role of land supply
  • Housing as a financial asset and the role of location specific investment risk

Selected recent publications:

  • 'The Impact of Supply Constraints on House Prices in England', with Wouter Vermeulen, Economic Journal (forthcoming)
  • 'The Economic Implications of House Price Capitalization: A Synthesis', Real Estate Economics (forthcoming)
  • 'New Housing Supply and the Dilution of Social Capital', Journal of Urban Economics, 2010, Vol. 67, No. 3, 419-437. (PDF of working paper version)
  • 'Why Do Households Without Children Support Local Public Schools? Linking house price capitalization to school spending,' (with Christopher J. Mayer), Journal of Urban Economics, 2009, Vol. 65, No. 1, 74-90. (PDF of working paper version)
  • 'Office Supply Restrictions in Britain: The political economy of market revenge', (with Paul Cheshire), Economic Journal, 2008, Vol. 118, Issue 529, F185-F221. (PDF of working paper version)
  • 'Explaining the Black-White Homeownership Gap: The role of own wealth, parental externalities and locational preferences', (with Yingchun Liu), Journal of Housing Economics, 2008, Vol. 17, No. 2, 152-174. (PDF of working paper version)
  • 'An Empirical Test of the Theory of Sales: Do household storage constraints affect consumer and store behavior?', (with David Bell), Quantitative Marketing and Economics, 2006, Vol. 4, No. 2, 87-117. (lead article) (PDF of working paper version)
  • 'Neighbourhood Externality Risk and the Homeownership Status of Properties', Journal of Urban Economics, 2005, Vol. 57, No. 2, 213-241.  (lead article) (PDF of working paper version)
  • 'School Funding Equalization and Residential Location for the Young and the Elderly', (with Christopher J. Mayer) Brookings-Wharton Papers on Urban Affairs, 2004, Issue 5, 107-148. (PDF of working paper version)

Dr Hilber's recent working papers, forthcoming publications, other publications and his CV can be viewed on his personal homepage.


Christian Hilber
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