Sophia (Sonia) Gilbukh is an Assistant Professor of Real Estate at the Zicklin School of Business. Her research focuses on markets with search frictions. Her recent paper “Heterogeneous Real Estate Agents and the Housing Cycle” uses both empirical and theoretical methods to study real estate agents as intermediaries in the housing market; in particular, it studies how the distribution of experience across real estate agents affects the probability of selling a home over the housing cycle. She holds a Bachelor’s degree from Haverford College and a PhD from New York University, Stern School of Business.
“Rational buyers search when prices increase,” with Lus Cabral, Journal of Economic Theory, Volume 187, 104998, 2020.
“Firm Dynamics and Pricing under Customer Capital Accumulation,” with Pau Roldan, Journal of Monetary Economics, 2020
“Deficits, Public Debt Dynamics and Tax and Spending Multipliers,” with Gauti Eggertsson and Matthew Denes, Economic Journal, 123 (566), 133-163, 2013.
Did Tax Reform Raise the Cost of Owning a Home?(NY Fed, Libery Street Economics Blog) 2019
Quantities and Prices during the Housing Bust (NY Fed, Libery Street Economics Blog) 2018
Can blockchain and electronic closings make home buying faster and more secure? (Boston Globe) 2018
Can’t afford to buy an apartment? This startup wants to sell you a share of one (Fortune Magazine) 2020
See CV for Working Papers
C.S.W.E.P. Summer Dissertation Fellow at the Federal Reserve Bank of New York, Summer 2017
CGEB PhD grant ($1000), NYU Stern, Fall 2017
AREUEA Homer Hoyt Doctoral Dissertation Award (Third Prize)