James Vickery

James Vickery
  • Adjunct Associate Professor of Real Estate

Contact Information

Overview

James Vickery is a financial economist who studies financial intermediation, banking, and real estate finance, with a focus on mortgage and MBS markets. His recent research includes studies of mortgage credit supply, CARES Act forbearance policies, MBS market fragmentation, and the effects of technology on mortgage lending.

James is an Adjunct Associate Professor in the Real Estate Department at the Wharton School of the University of Pennsylvania, and a Senior Economic Advisor and Economist in the Research Department of the Federal Reserve Bank of Philadelphia. He joined the Bank in 2019 from the Federal Reserve Bank of New York. In addition to research, James has contributed to a range of Federal Reserve policy initiatives, including serving as Deputy Chair of the Model Oversight Group that directs the Fed’s supervisory stress tests. He has also previously taught at New York University and Princeton.

James joined the Federal Reserve in 2004 after earning a PhD in Economics from the Massachusetts Institute of Technology. Prior to graduate school he was a research analyst at the Reserve Bank of Australia.

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Teaching

Current Courses (Fall 2022)

  • FNCE2090 - Real Estate Investments

    This course provides an introduction to real estate with a focus on investment and financing issues. Project evaluation, financing strategies, investment decision making and real estate capital markets are covered. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate markets. Classes are conducted in a standard lecture format with discussion required. The course contains cases that help students evaluate the impact of more complex financing and capital markets tools used in real estate. There are case studies and two midterms, (depending on instructor).

    FNCE2090401 ( Syllabus )

  • REAL2090 - Real Estate Investments

    This course provides an introduction to real estate with a focus on investment and financing issues. Project evaluation, financing strategies, investment decision making and real estate capital markets are covered. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate markets. Classes are conducted in a standard lecture format with discussion required. The course contains cases that help students evaluate the impact of more complex financing and capital markets tools used in real estate. There are case studies and two midterms, (depending on instructor).

    REAL2090401 ( Syllabus )

All Courses

  • FNCE2090 - Real Estate Investments

    This course provides an introduction to real estate with a focus on investment and financing issues. Project evaluation, financing strategies, investment decision making and real estate capital markets are covered. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate markets. Classes are conducted in a standard lecture format with discussion required. The course contains cases that help students evaluate the impact of more complex financing and capital markets tools used in real estate. There are case studies and two midterms, (depending on instructor).

  • REAL2090 - Real Estate Investments

    This course provides an introduction to real estate with a focus on investment and financing issues. Project evaluation, financing strategies, investment decision making and real estate capital markets are covered. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate markets. Classes are conducted in a standard lecture format with discussion required. The course contains cases that help students evaluate the impact of more complex financing and capital markets tools used in real estate. There are case studies and two midterms, (depending on instructor).

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