Aaron Hedlund

Journal Articles

• Hedlund, A. D., Garriga, C., Wang, P., & Tang, Y. (2023). "Rural-Urban Migration, Structural Transformation, and Housing Markets in China." American Economic Journal: Macroeconomics vol. 15 (2), 413-440.

• 

  Housing and the Long Shadow of Inflation

  As the housing affordability crisis continues, Daniels School economist Aaron Hedlund examines whether we’re headed toward a bust.

  Full story: Housing and the Long Shadow of Inflation

• 
  The economic clashes looming in Trump 2.0
  Investors have been heartened by the selection of Bessent and Hassett as a sign the Cabinet might soften the parts of Trump’s agenda that could shake markets.
• 
  Unlocking Economic Potential Through Tax Reform
  Daniels School Professor Aaron Hedlund shared his expertise on tax reform in Congressional testimony earlier this year.
• Purdue Expert: 2024 Home Buying
  The Federal Reserve has communicated that interest rates are likely to decrease. Hedlund explains what he thinks the interest rates will do in the next year and what this means for homeowners. Aaron Hedlund thinks rates will continue to decline, making it easier for people to buy homes. He thinks 2024 will be a better time to buy a home than in 2023 even though house prices are high and interest rates have not returned to what they were before the increase. Aaron discusses the challenges with high interest rates and the difficulties this brings to the home owning market and how Federal Reserve policy ties into this.
• Daniels School expert Aaron Hedlund comments on car insurance rates
  Car insurance rates vary based on the frequency and severity (cost) of claims, which vary by state for multiple reasons. First, driver behavior, or “driver culture,” is not identical from state to state.