Ajzenman, Nicolas; Galiani, Sebastian; Seira, Enrique - Centro de Investigación Económica (CIE), Departamento … - 2014
We are first paper to study the economic effects of drug-trafficking organization violence. We exploit the manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the effect of drug-related homicides on house prices. We use an...