Professor | Real Estate and Urban Land Economics
Nathan F. Brand. Chair
5257 Grainger Hall


Lu Han holds the Nathan F. Brand. Chair and is a professor in Real Estate and Urban Economics at the Wisconsin School of Business. Her research examines real estate market microstructure, house price dynamics, empirical industrial organization, urban and environmental economics, behavioral real estate, financial asset management, housing and mortgage policies.

Professor Han is the past recipient of the American Real Estate and Urban Economics Association best dissertation and best paper awards, and is a Weimer Fellow at the Homer Hoyt Institute and an Asian Bureau of Finance and Economic Research Fellow. She currently serves as an Editor for Real Estate Economics and on the Editorial Boards for Journal of Urban Economics, Journal of Housing Economics, and Regional Science and Urban Economics. Professor Han received a PhD in Economics from Stanford University and has been a Professor and the Premier’s Research Chair in Productivity and Competitiveness at the Rotman School of Management, University of Toronto prior to joining the faculty of UW-Madison.


Selected Published Journal Articles

Han, L. & Lutz, C. & Sand, B. & Stacey , D. (2021). The Effects of a Targeted Financial Constraint on the Housing Market Review of Financial Studies

Han, B. & Han, L. & Zhu, G. (2018). Housing Price and Fundamentals in A Transition Economy -- the Case of the Beijing Market International Economic Review

Han, L. & Hong, S. (2016). Understanding In-House Transactions in the Real Estate Brokerage Industry Rand Journal of Economics

Han, L. & Strange, W. (2016). What is the Role of the Asking Price for a House Journal of Urban Economics

Han, L. & Strange, W. (2015). The Microstructure of Housing Markets: Search, Bargaining, and Brokerage Handbook of Regional and Urban Economics

Han, L. & Strange, W. (2014). Bidding Wars for Houses Real Estate Economics

Genesove, D. & Han, L. (2013). A Spatial Look at Housing Boom and Bust Cycles Housing Markets and the Financial Crisis

Han, L. (2013). Understanding the Puzzling Risk-Return Relationship for Housing Review of Financial Studies

Genesove, D. & Han, L. (2012). Search and Matching in the Housing Markets Journal of Urban Economics

Han, L. & Hong, S. (2011). Testing Cost Inefficiency under Free Entry in the Real Estate Brokerage Industry Journal of Business and Economic Statistics

Han, L. (2010). The Effects of House Price Uncertainty on the Life-Cycle Housing Demand Review of Financial Studies

Han, L. (2008). Hedging House Price Risk in the Presence of Lumpy Transaction Costs Journal of Urban Economics