Housing units with closer access to public transportation enjoy a higher market value than those with similar characteristics but poorer access. This difference can be explained by the less expensive cost of transport to the main workplaces and shopping areas in town. For this reason,...

We study the welfare consequences of a switch from risk-rated premiums to community-rated premiums using a two stage model of health insurance demand and detailed claims data from Chilean health insurers. In this context, because the consumer's available choice set depends directly on income,...

Many governments continue constructing new subway lines with the goal of reducing congestion and pollution in large cities. Besides the potential global effects on reducing negative externalities in the city, there are some local positive effects in terms of lower commuting time and distance for...

Many governments continue constructing new subway lines with the goal of reducing congestion and pollution in large cities. Besides the potential global effects on reducing negative externalities in the city, there are some local positive effects in terms of lower commuting time and distance for...

In this work we estimate the degree of capitalization of the Santiago Subway (Metro) network on housing prices, analyzing price the differences among lines and counties. For this purpose, we combine hedonic price regressions with simple difference estimat

In this work we estimate the degree of capitalization of the Santiago Metro network on housing prices, analyzing the differences among lines and counties. For this purpose, we combine hedonic regressions with simple difference estimators. The results show that apartments located near the Metro...

Housing units with closer access to public transportation enjoy a higher market value than those with similar characteristics but poorer access. This difference can be explained by the less expensive cost of transport to the main workplaces and shopping areas in town. For this reason,...

Este trabajo utiliza una base de datos única para estudiar la valorización del entorno que genera el metro de Santiago en el precio de las viviendas. Utilizando una metodología que combina regresiones hedónicas con la estimación de estimadores de diferencia simple, se estima el grado de...

En general, las viviendas que por su ubicación tienen mejores accesos tienen un valor de mercado superior respecto a viviendas de características similares con peores accesos. Esta diferencia se debe a los menores costos de transporte hacia los principales mercados laborales y comerciales de...