Professor Piskorski's research interests include dynamic security design and contracting, real estate finance, asset securitization, as well as market structure and regulation.
Courses taught
Edward S. Gordon Associate Professor of Real Estate
Address:
810 Uris
Email:
Phone:
212-854-4655
Fax:
212-662-8474
Biography
BA, Warsaw University, 1999; MS, Catholic University Leuven, 2000; MS, New York University, 2006; PhD, New York University, 2007
Joined CBS in 2007
Download Curriculum Vitae (PDF)
Teaching and research interest
- Spring 2012
Real Estate Finance (MBA) - Spring 2011
Real Estate Finance (MBA) - Summer 2011
Real Estate Finance (MBA) - Spring 2010
Real Estate Finance (MBA) - Spring 2009
Real Estate Finance (MBA) - Spring 2008
Real Estate Finance (MBA)
Journal articles
Optimal Securitization with Moral Hazard In Journal of Financial Economics (2012) Coauthor(s): Barney Hartman-Glaser, Tomasz Piskorski, Alexei Tchistyi
Stochastic House Appreciation and Optimal Mortgage Lending In Review of Financial Studies (2011) Coauthor(s): Tomasz Piskorski, Alexei Tchistyi
Securitization and Distressed Loan Renegotiation: Evidence from the Subprime Mortgage Crisis In Journal of Financial Economics (2010) Coauthor(s): Tomasz Piskorski, Amit Seru, Vikrant Vig
Optimal Mortgage Design In Review of Financial Studies (2010) Coauthor(s): Tomasz Piskorski, Alexei Tchistyi
Risky Human Capital and Deferred Capital Income Taxation In Journal of Economic Theory (2010) Coauthor(s): Borys Grochulski, Tomasz Piskorski
Essay: A New Proposal for Loan Modifications In Yale Journal on Regulation (2009) Coauthor(s): Christopher Mayer, Edward Morrison, Tomasz Piskorski
U.S. Domestic Money, Inflation and Output In Journal of Monetary Economics (2006) Coauthor(s): Yunus Aksoy, Tomasz Piskorski
Working Papers
Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide In Working Paper No. 17065 (2011) Coauthor(s): Christopher Mayer, Edward Morrison, Tomasz Piskorski, Arpit Gupta
Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring In Working Paper No. FBE 36-09 (2011) Coauthor(s): Tomasz Piskorski, Mark Westerfield
Forthcoming Articles
The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers In Journal of Financial Economics (2011) Coauthor(s): Christopher Mayer, Tomasz Piskorski, Alexei Tchistyi