MICHAEL D ERIKSEN Department of Finance & Real Estate, University of Cincinnati

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MICHAEL D ERIKSEN Department of Finance & Real Estate, University of Cincinnati 422 Lindner Hall Office: 513-556-5156 Lindner College of Business Fax: 513-556-0979 University of Cincinnati mike.eriksen@uc.edu Cincinnati, OH 45221-0195 cba.uc.edu/faculty/erikseml EDUCATION Ph.D., Economics, Syracuse University May 2008 Fields: Urban Economics, Public Economics, Econometrics Dissertation Title: Supply-Side Housing Subsidies and Savings Programs for the Poor M.A., Economics, Syracuse University July 2006 B.A., Economics and Biology, Gonzaga University May 2003 EMPLOYMENT 2017 - Associate Professor of Real Estate, Lindner College of Business, University of Cincinnati - Associate Director of Research, UC Real Estate Center - Undergraduate Real Estate Program Director 2015-2017 Assistant Professor of Real Estate, Lindner College of Business, University of Cincinnati 2013-2015 Assistant Professor of Finance, Rawls College of Business, Texas Tech University 2008-2013 Assistant Professor of Real Estate, Terry College of Business, University of Georgia AWARDS AND HONORS 2017 Dean s List of Teaching Excellence, UC Lindner College of Business 2017 Post-Doctoral Honoree, Homer Hoyt Institute of Advanced Studies in Real Estate and Urban Economics 2015 Apple Polishing Award, Mortar Board Society of Texas Tech University 2014 Best Paper Award on Senior Housing, National Investment Center for Senior Housing and American Real Estate Society 2013 Recognized by Graduating Students for Teaching Contribution, University of Georgia 2012 University Summer Research Award, University of Georgia 2011-2012 Terry-Sanford Research Award, University of Georgia 2010 Designated a Lincoln Scholar, Lincoln Institute of Land Policy 2008 2 nd Place, Dissertation Award, American Real Estate and Urban Economics Assoc. 2007-2008 Syracuse University, Maxwell Dissertation Fellowship

RESEARCH CONTRIBUTIONS ARTICLES THAT HAVE APPEARED OR BEEN ACCEPTED IN REFEREED JOURNALS Eriksen, Michael D., Difficult Development Areas and the Supply of Subsidized Housing. Regional Science and Urban Economics, 64 May 2017: 68-80. Engelhardt, Gary V., Michael D Eriksen, and Nadia Greenhalgh-Stanley. The Impact of Employment on Parental Co-Residence, Real Estate Economics, forthcoming. Eriksen, Michael D. and James M. Carson. A Burning Question: Does Arson Increase when Local House Prices Decrease? Journal of Risk and Insurance, 84 (1) 2017: 7-34. Eriksen, Michael D., Thomas Kniesner, Christopher Rohlfs, and Ryan Sullivan. Toward More General Hedonic Estimation: Clarifying the Roles of Alternative Experimental Designs with an Application to a Housing Attribute Regional Science and Urban Economics, 57 2016: 54-62. Eriksen, Michael D. and Amanda Ross. Housing Vouchers and the Price of Rental Housing, American Economic Journal: Economic Policy, 7(3) August 2015: 154-176. Eriksen, Michael D., Nadia Greenhalgh-Stanley, and Gary Engelhardt. Home Safety, Accessibility, and Elderly Health: Evidence from Falls Journal of Urban Economics 87 May 2015: 14-24. Brown, Jennifer L., Sales, Jessica M., Swartzendruber, Andrea L., Eriksen, Michael D., DiClemente, Ralph J., & Rose, Eve S. (2014). Added benefits: Reduced depressive symptom levels among African-American female adolescents participating in an HIV prevention intervention. Journal of Behavioral Medicine, 37(5): 912-920. Eriksen, Michael, James Kau, and Donald Keenan. The Impact of Second Loans on Subprime Mortgage Defaults, Real Estate Economics 41(4) Winter 2013: 858-886. Eriksen, Michael and Amanda Ross. The Impact of Housing Vouchers on Mobility and Neighborhood Attributes, Real Estate Economics 41(2) Summer 2013: 255-277. Eriksen, Michael and Stuart Rosenthal. Crowd Out Effects of Place-Based Subsidized Rental Housing: New Evidence from the LIHTC Program. Journal of Public Economics 94(11-12) December 2010: 953-966. Eriksen, Michael. Homeownership Subsidies and the Marriage Decisions of Low-Income Households. Regional Science and Urban Economics 40(6) November 2010: 490-497. Engelhardt, Gary V., Michael D. Eriksen, William G. Gale, and Gregory Mills. What are the Social Benefits of Homeownership? Experimental Evidence for Low-Income Households. Journal of Urban Economics, Volume 67(3) May 2010: 249-258. Eriksen, Michael. The Market Price of Low-Income Housing Tax Credits. Journal of Urban Economics, 66(2) September 2009: 141-149. Brown, Jennifer L., Peter A. Vanable, and Michael D. Eriksen. Computer Assisted Self-Interviews: A Cost Effectiveness Analysis, Behavior Research Methods, 40 2008: 1-7. Mills, Gregory, William G. Gale, Rhiannon Patterson, Gary V. Engelhardt, Michael D. Eriksen, and Emil Apostolov Effects of Individual Development Accounts on Asset Purchases and Saving Behavior: Evidence from a Controlled Experiment. Journal of Public Economics, Volume 92(5-6) June 2008: 1509-1530. Michael D. Eriksen Curriculum Vitae Page 2

WORKING PAPERS AND RESEARCH MONOGRAPHS Eriksen, Michael D., and Shaun Bond. The Role of Parents on the Home Ownership Experience of Their Children: Evidence from the Health and Retirement Study. Revision Requested. Eriksen, Michael D., and Bree Lang. Overview and Proposed Reforms of the Low-Income Housing Tax Credit Program. Submitted. Eriksen, Michael D., Hamilton Fout, Mark Palim, and Eric Rosenblatt. Contract Price Confirmation Bias: Evidence from Repeat Appraisals. Submitted. Engelhardt, Gary V., Michael D. Eriksen, and Nadia Greenhalgh-Stanley. A Profile of Health and Housing Among Older Americans. Research Institute for Housing America Research Paper No. 13-03, September 2013. EXTERNAL RESEARCH SUPPORT National Institutes of Health, R03 Grant Mechanism, Total Award Amount: $304,000, Role: Co- Investigator, Grant Period: 2014-2016 John D. and Catherine T. MacArthur Foundation, How Housing Matters to Communities and Families Research Grant, Total Award Amount: $500,000, Role: Co-Principal Investigator, Grant Period: 2012-2014 U.S. Department of Housing and Urban Development, Early Doctoral Student Research Grant, Total Award Amount: $15,000, Role: Principal Investigator, Grant Period: 2005-2006 PRESENTATIONS AND SEMINARS Fannie Mae, Explaining Racial Gaps in Home Ownership. Washington, DC January 2017. Weimer School of the Homer Hoyt Institute of Advanced Studies in Real Estate and Urban Economics, Confirmation Bias of Collateral. West Palm Beach, FL January 2017. American Economic Association / American Real Estate and Urban Economics Association Joint Session, Difficult Development Areas and the Supply of Low-Income Housing. Chicago, IL January 2017. Conference on Housing Affordability, Difficult Development Areas the Supply of Low-Income Housing Tax Credit Units. Tel Aviv, Israel, July 2016. European Real Estate Society, Difficult Development Areas and the Supply of Low-Income Housing Tax Credit Units. Munich, Germany, June 2016. American Real Estate and Urban Economics National Meeting, Difficult Development Area and the Supply of Low-Income Housing Tax Credit Units. Washington, DC, June 2016. Urban Land Institute Spring Conference, Where Should We Build Affordable Housing? Philadelphia, PA, April 2016. U.S. Department of Housing and Urban Development, Office of Policy Development and Research. Difficult Development Areas the Supply of Low-Income Housing Tax Credit Units. Washington, DC April 2016. Michael D. Eriksen Curriculum Vitae Page 3

American Real Estate and Urban Economics ASSA Meeting, Explaining How Difficult Development Areas Impact the Supply of LIHTC Units. San Francisco, CA, January 2016. American Real Estate and Urban Economics ASSA Meeting, The Impact of Employment on Parental Co-Residence. San Francisco, CA, January 2016. American Real Estate and Urban Economics National Meeting, Employment and the Housing and Living Arrangements of Young Men: New Evidence from the Great Recession. Washington, DC, May 2015. American Real Estate Society Annual Meeting, Explaining Inter-Regional Differences in the Priceto-Rent Ratio. Fort Myers, FL, April 2015. American Real Estate and Urban Economics ASSA Meeting, Home Safety, Accessibility, and Elderly Health: Evidence from Falls. Boston, MA, January 2015. National Tax Association s Annual Conference on Taxation, The Effect of Statewide Tax and Expenditure Limitations on Municipal Debt Attributes. Santa Fe, NM, November 2014. How Housing Matters Conference, Panelist of Successful Housing, Successful Aging. Washington, DC, October 2014. Lincoln Institute of Land Policy Public Finance Conference, Housing Vouchers and the Price of Rental Housing. Cambridge, MA, May 2014. American Association for Retired Persons (AARP), Rental Housing for Older Americans: An Overview of Market Demographics & Health Status. Washington, DC, January 2014. American Real Estate Society (ARES) Annual Meeting, Home Safety, Accessibility, and Elderly Health: Evidence from Falls. San Diego, CA, April 2014 Allied Social Sciences Association / American Real Estate and Urban Economics Annual Meeting, discussant for Demolition-Forced Moves from Public Housing: Effects on Youth s Long-Term Employment Outcomes. Philadelphia, PA, January 2014. Allied Social Sciences Association / American Real Estate and Urban Economics Annual Meeting, discussant for Incidence and Price Discrimination: Evidence from Housing Vouchers. Philadelphia, PA, January 2014. Urban Economics Association (UEA) Annual Meeting, Home Safety, Accessibility, and Elderly Health: Evidence from Falls. Atlanta, GA, November 2013. American Association for Public Policy and Administration (APPAM) Fall Conference, Housing Vouchers and the Price of Rental Housing, November 2013. American Association for Public Policy and Administration (APPAM) Fall Conference, Home Safety, Accessibility, and Elderly Health: Evidence from Falls, November 2013. Seminar at University of Oklahoma, Housing Vouchers and the Price of Rental Housing, Norman, OK November 2013 National Housing Conference, Chaired Session on Aging in Place. Atlanta, GA September 2013. Risk Theory Society Annual Conference, Burning Down the House: Moral Hazard and House Prices. Philadelphia, PA April, 2013. Seminar at Texas Tech University, Housing Voucher and the Price of Rental Housing, Lubbock, TX February 2013. Michael D. Eriksen Curriculum Vitae Page 4

Seminar at University of Florida, Housing Vouchers and the Price of Rental Housing, Gainesville, FL February 2013. American Real Estate and Urban Economics Association Annual Meeting, Burning Down the House: Moral Hazard and House Prices. San Diego, CA January, 2013. American Real Estate and Urban Economics Association Annual Meeting, Housing Vouchers and the Price of Rental Housing. San Diego, CA January, 2013. Seminar at University of Illinois, Housing Vouchers and the Price of Rental Housing, Urbana, IL November 2012. Urban Economics Association Annual Meeting, Burning Down the House: Moral Hazard and House Prices. Ottawa, Canada. November, 2012. Critical Issues in Real Estate Symposium, discussant for Transaction-Based London Commercial Property Indices. University of Florida. Gainesville, FL March, 2012. North American Meetings of the Regional Science Association International, Housing Vouchers and the Price of Rental Housing. Miami, FL, November, 2011. Federal Reserve of Cleveland Annual Policy Summit, Crowd Out Effects of Place-Based Subsidized Rental Housing. Cleveland, OH, June, 2011. National Tax Association s Annual Conference on Taxation, The Impact of Housing Vouchers on Mobility and Neighborhood Attributes. New Orleans, LA, November, 2011. American Real Estate and Urban Economics (AREUEA) Mid-Year Meeting, discussant for The Foreclosure Problem is Not Going Away: Addressing the Issue of Distressed Sales in a Revaluation Cycle. Washington, DC, June, 2011. Urban Economics and Public Finance Conference, discussant for The Geographic Incidence and Welfare Effects of Federal Tax Reform. Lincoln Institute. Cambridge, MA May, 2011. Critical Issues in Real Estate Symposium, discussant for Bubbles and Busts: The Role of Supply Elasticity. Florida State University. Tallahassee, FL April, 2011. Allied Social Science Meetings, The Influence of Simultaneous Second Mortgages on the Default Decisions of Subprime Borrowers. Denver, CO, January, 2011. Allied Social Science Meetings, Location Decisions of Housing Voucher Recipients. Denver, CO, January, 2011. Allied Social Science Meetings, Public Housing Vouchers and Labor Supply: Evidence from the Welfare-to-Work Housing Voucher Experiment. Atlanta, GA, January, 2010. American Real Estate and Urban Economics (AREUEA) Mid-Year Meeting, The Market Price of Low-Income Housing Tax Credits. Washington, DC, June, 2009. Allied Social Science Meetings, Homeownership Incentives and Household Formation: Evidence for Low-Income Households. San Francisco, CA, January, 2009. North American Regional Science Meetings, Crowd Out and the Effect of Place-based Subsidized Rental Housing. New York, NY, November, 2008. Michael D. Eriksen Curriculum Vitae Page 5

Allied Social Science Meetings, What are the Social Benefits of Homeownership for the Poor? Evidence from a Field Experiment. New Orleans, LA, January, 2008. North American Regional Science Meetings, Neighborhoods, Risk, and the Value of Low-Income Housing Tax Credits. Savannah, GA, November, 2007. American Real Estate Society Annual Meeting, The Market Price of Tax Credits: Evidence from the Low-Income Housing Tax Credit Program. San Francisco, CA, April, 2007. American Real Estate and Urban Economics (AREUEA) Annual Meeting held concurrently with Allied Social Science Meetings, Crowd Out, Stigma, and the Effect of Place-based Subsidized Rental Housing. Chicago, IL, January, 2007. PROFESSIONAL SERVICE EXTERNAL SERVICE Conference Organizing Committee 2017 - National Meeting, American Real Estate and Urban Economic Association, Washington, DC 2017 - ASSA Meeting, American Real Estate and Urban Economic Association, Chicago, IL 2016 National Meeting American Real Estate and Urban Economic Association, Washington, DC 2016 - ASSA Meeting American Real Estate and Urban Economic Association, San Francisco, CA 2015 National Meeting American Real Estate and Urban Economic Association, Washington, DC Journal Referee: American Economic Review, Journal of Public Economics, Journal of Urban Economics, Real Estate Economics, Journal of Public Economic Theory, Singapore Economic Review, National Science Foundation, Regional Science and Urban Economics, Journal of Real Estate Finance and Economics, Economic Inquiry, Housing Policy Debate, Journal of Family and Economic Issues, Journal of Empirical Finance, Journal of Housing Economics, Journal of Urban Affairs, Journal of Policy Analysis and Management, Urban Studies, Journal of Regional Science Scientific Advisory Committee (2014 - ), National Center for Healthy Housing, Columbia, MD Board Member (2004-2014), Treasurer (2006-2010), National Consumers League, Washington, DC INTERNAL SERVICE Research Excellence Committee (2016 - ), Lindner College of Business, University of Cincinnati Advisor (2013-2015), Student Real Estate Organization, Texas Tech University First Place, 2014 ICSC Texas Undergraduate Real Estate Case Competition Co-Advisor (2010-2013), Student Real Estate Society, University of Georgia Screening Committee (2011, 2012), Peabody Awards for Excellence in Electronic Media Last Updated On March 6, 2017 Michael D. Eriksen Curriculum Vitae Page 6