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About Jaime P. Luque

Jaime P. Luque is a Professor of Real Estate at ESCP Business School and holds the Monaco Real Estate Tech Innovation Chair. He is also the Director of the the ESCP Institute of Real Estate Finance and Management. Prior to joining ESCP in July 2018, he was an Assistant Professor of Real Estate at the University of Wisconsin-Madison School of Business.

Jaime's teaching specializations include real estate finance, real estate economics, urban economics, and macroeconomics. He has taught in the MBA, MSc and BBA programs. Jaime is the recipient of the 2017 Ideas Worth Teaching Award by The Aspen Institute Business and Society Program in the United States for his educational innovations to address affordable housing development. 

Jaime's research is known for his work on housing affordability, including subprime mortgage lending, Tax Increment Financing (TIF), Low Income Housing Tax Credits (LIHTC), rent control, and mixed income communities. His book Affordable Housing Development published by Springer provides insights and practical demonstration of important financial tools often necessary to the financial feasibility of affordable housing projects, including TIF and LIHTC.

Jaime has also investigated different issues related to repo and rehypothecation, securities pricing and market pressures. This line of research evolved towards the understanding of leverage dynamics, security bubbles, anomalies in currency markets, and banks’ portfolio rebalancing in sovereign debt crises.

Jaime’s research has been published in journals such as Journal of Economic Theory, Journal of Public Economics, Economic Theory, Real Estate Economics, and Regional Science and Urban Economics. He has also written opinion pieces for the Financial Times, the Huffington Post, Le Monde, Les Echos, La Repubblica, World Economic Forum, Expansion, El País, El Mundo, El Confidencial, El Español, and El Economista, as well as for the Vox.eu, Eurointelligence and The Conversation economics op-ed sites.

Positions

Present Full Professor of Real Estate, ESCP Business School ‐ Madrid Campus
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Curriculum Vitae



Research Interests

General equilibrium applied to financial and real estate markets, Real Estate Technology, and Affordable Housing

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Professional Service and Affiliations

2020 - Present Director, (online) Certificate in Real Estate Finance and Investments, ESCP Business School
2020 - Present Director, MSc in Real Estate, ESCP Business School
2020 - Present Director, Master in Hospitality’s Hotel Development track, ESCP Business School
2020 - Present Director, Master in Management’s Real Estate specialization, ESCP Business School
2020 - Present Director, Monaco Real Estate Tech Innovation Program
2018 - Present Director, ESCP Institute of Real Estate Finance and Management
2017 - Present Faculty Fellow, Center for Financial Security, University of Wisconsin-Madison
2019 - 2021 Director, Advanced Program in Real Estate by BNP Paribas Real Estate and ESCP
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Honors and Awards

  • 2017 "Ideas Teaching Award" by the Aspen Institute

Courses

  • Macro - Finance
  • Real Estate Finance and Investments
  • Regional and Urban Economics


Contact Information

ESCP Europe Business School
Calle Arroyofresno 1
28035, Madrid
Spain

Email:


Publications (12)

Working Papers (9)

Books (4)