Alina Arefeva, PhD

Assistant Professor

Academic Discipline: Finance, Real Estate

Areas of Interest:
Real Estate

Phone: 410-234-9404



Alina Arefeva got her PhD at Stanford University. She was born in Turkmenistan. Before coming to US, she earned an MA at the New Economics School (NES) and Higher School of Economics (HSE) in Russia. Alina’s research interests span real estate economics, finance and macroeconomics. Alina’s research has been recognized with fellowships from Stanford, NES, P.Aven’s foundation and research grants from the Government of the Russian Federation, HSE and the Oxford-Russia Fund.

Honors & Distinctions

  • 2011-2013 John Emerson and Miriam MacLaren Marble Fund Fellowship, Stanford.
  • 2011 Best student in Economic Policy, NES.
  • 2011 P. Aven’s fellowship, NES.
  • 2011 NES fellowship.
  • 2009-2010 State Grant of the Government of the Russian Federation, HSE.
  • 2008 Winner, Best Undergraduate Student Paper Competition, HSE.
  • 2008 Laureate, Research Competition of HSE, Economics section.
  • 2007-2008 Academic Grant, HSE.
  • 2006-2007 Grant, "Oxford-Russia” Fund, HSE.

Works In Progress

  • How Auctions Amplify House Price Fluctuations. Working Paper, 2016.
  • The Housing Search Model and Empirical Evidence. Working Paper, 2014.
  • The buyer's barriers of entry to the U.S. owner-occupied housing market. Working Paper, 2014.