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Jarjisu Sa-Aadu
Professor
Chester A. Phillips Professor of Business Finance and Real Estate
Finance
S272
John Pappajohn Bus Bldg
The University of Iowa, Iowa City, IA 52242-1994
Ph: 319-335-0930
Fax: 319-335-3690
E-mail:
jsa-aadu@uiowa.edu
Academic History
PhD in Finance and Real Estate, University of Wisconsin-Madison, 1980
MBA in Finance and Real Estate, University of Wisconsin-Madison, 1976
BS in Economics, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana, 1973
Expertise
Fixed Income Securities
Mortgage Choice and Mortgage Pricing
Real Estate Finance and Investments
Real Estate Investment Trust (REITs)
Structured Finance/Asset-backed securitization
Awards
Regents Award for Faculty Excellence, University of Iowa, August 2006
Dean's Teaching Award, Henry B. Tippie College of Business, May 2006
Editor of Special Issue of Journal of Real Estate Research, The American Real Estate Society, April 1998
Outstanding Contribution as Co-Editor, American Real Estate Society, March 1996
Homer Hoyt Post Doctoral Award, Weimer School for Advanced Studies in Real Estate, January 1989
Old Gold Fellowship, University of Iowa, June 1987
Louisiana State Research Grant, Louisiana State University, September 1986
Old Gold Fellowship, University of Iowa, August 1983
Old Gold Fellowship, University of Iowa, August 1982
Selected Publications
Optimal Mortgage Contract Choice in the Presence of Pay Option Adjustable Rate Mortgage and Balloon Mortgage, Jay Sa-Aadu,
On the Portfolio Properties of Real Estate in Good Times and Bad Times, Real Estate Economics, Volume 38, no 3 , Jay Sa-Aadu, James D. Shilling, Ashish Tiwari, Real Estate Economics, vol 38, 2010, 529-565
Working Papers
Auction with Preferential Right and Endogenous Entry: An Empirical Analysis of Taiwan Land Auction, Jay Sa-Aadu
REIT Stock Volatility during the Fianncial Crisis, Jay Sa-Aadu
Other Work
A Decade of Living Dangerously: The Causes and Consequences of the Subprime Mortgage Financial Crises, Jay Sa-Aadu, Jon Garfinkel
Prior Positions
Visiting Professor of Finance, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana, 2006
Professor of Finance, The University of Iowa, 1994
Associate Dean, School of Management, Henry B. Tippie College of Business, The University of Iowa, June 2008 - May 2013
Visiting Professor of Finance and Real Estate, Hanken School of Bsuiness, Helsinki, Finland, 2004 - 2011
Visiting Professior of Finance and Real Estate, City University of Hong Kong, 2000 - 2006
DEO, Department of Finance, The University of Iowa, July 1982 - June 2004
Associate Professor, The University of Iowa, August 1988 - July 1994
Associate Professor of Finance and Real Estate, University of Florida, Gainesville, FL, August 1988 - August 1990
Visiting Assistant Professor of Finance, Louisiana State University, Baton Rouge, LA, August 1986 - May 1987
Assistant Professor of Finance, The University of Iowa, August 1981 - May 1987
Business Specialist, Small Business Development Center, University of Wisconsin, Madison, WI, August 1979 - July 1981
Research Assistant, University of Wisconsin, Madison, WI, August 1977 - July 1979
Teaching Assistant, University of Science and Technology, Kumasi, Ghana, September 1973 - July 1974
Review and Editorial Work
Referee, Real Estate Economics, 2003 - current
Referee, National Science Foundation, 2006
Professional Affiliations
Editorial Board Member, Journal of Housing Studies, 2001 - current
Editorial Board Member, Journal of Housing Research, 1998 - current
Editorial Board Member, Real Estate Economics, 1992 - current
Review Panels, Journal of Real Estate Finance and Economics, 1982 - current
Presentations
The Causes and Consequences of Subprime Mortgage Financial Crisis, Allied Social Sciences/American Real Estate and Urban Economics Association , San Francisco
Real Estate Financial Markets and Economic Development, Shelter Afrique, Nairobi, Kenya, Febraury 23-25, 2007
REIT Stock Price Volatility during the Financial Crisis, ASSA/AREUEA San Diego, 2013, Allied Social Sciences, San Diego, January 2013
Finding Financial Stability in Turbulent Real Estate Markets, Asian Finance Association Annual Meeting, Asian Finance Association Annual Meeting, July 2012
The Future of Global Real Estate Investments in the Next decade, National Chenghu University Real Estate Conference, National Chenghu University, Taipei, Taiwan, July 2012
Expalining REIT Stock Price Volatility, ASSA , ASSA, New Orleans, July 2011
A Decade of Living Dangerously: The Causes and Consequences of the Mortgage and Financial Crises, Allied Social Science Association Meetings, San Francisco, CA, January 2009
A Decade of Living Dangerously: The Causes and Consequences of the Mortgage and Financial Crises, Subprime Housing Crisis Symposium, Iowa City, IA, October 2008
The Application of Real Options in Real Estate Development, Public-Private Partner in Dubai, November 2005
The Role of Portfolio of Diversification Revisited, City University, Hong Kong, July 2002
Committees and Professional Service
Dean Advisory Committee, 2006-current
Diversity Committee, 2006-current
Honorary Degree Selection Committee, 2006-current
Commitee on the Selction of Central Academic Officials, 2005-current
Fauclty Senate, 2005-current
Presidential Search Committee, 2007