Narrow search
Showing 1 - 10 of 239
Cover Image
Do remote workers deter neighborhood crime? : evidence from the rise of working from home
Matheson, Jesse; McConnell, Brendon; Rockey, James; … - 2024
In this paper, we provide the first evidence of the effect of the shift to remote work on crime. We examine the impact … of the rise of working from home (WFH) on neighborhood-level burglary rates, exploiting geographically granular crime … can entirely offset the crime-reducing benefit of a given neighborhood's WFH potential. This is consistent with the …
Persistent link: https://www.econbiz.de/10014467371
Cover Image
Access to guns in the heat of the moment : more restrictive gun laws mitigate the effect of temperature on violence
Colmer, Jonathan; Doleac, Jennifer L. - 2023
Gun violence is a major problem in the United States, and extensive prior work has shown that higher temperatures increase violent behavior. In this paper, we consider whether restricting the concealed carry of firearms mitigates or exacerbates the effect of temperature on violence. We use two...
Persistent link: https://www.econbiz.de/10014306873
Cover Image
Weeding out the dealers? : the economics of cannabis legalization
Auriol, Emmanuelle; Mesnard, Alice; Perrault, Tiffanie - 2020
We model consumer choices for cannabis in a risky environment and determine the supply of cannabis under prohibition and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis consumption. We show that this trade-off can be overcome by...
Persistent link: https://www.econbiz.de/10012304299
Cover Image
Housing market dynamics : on the contribution of income shocks and credit constraints
Ortalo-Magné, François; Rady, Sven - 2001
This paper presents a dynamic theory of housing market fluctuations. It develops a life-cycle model where households are heterogeneous with respect to income and preferences, and mortgage lending is restricted by a down-payment requirement. The market interaction of young credit-constrained...
Persistent link: https://www.econbiz.de/10011398664
Cover Image
Income taxes, sorting, and the costs of housing : evidence from municipal boundaries in Switzerland
Basten, Christoph; Ehrlich, Maximilian von; Lassmann, Andrea - 2014
This paper provides novel evidence on the role of income taxes for residential rents and spatial sorting. Drawing on comprehensive apartment-level data, we identify the effects of tax differentials across municipal boundaries in Switzerland. The boundary discontinuity design (BDD) corrects for...
Persistent link: https://www.econbiz.de/10010383303
Cover Image
Homeownership : low household mobility, volatile housing prices, high income dispersion
Ortalo-Magné, François; Rady, Sven - 2002
We develop a dynamic stochastic equilibrium model of two locations within a city where heterogeneous households make joint location and tenure mode decisions. To investigate the effect of homeownership on equilibrium prices and allocations, we compare the response of this model economy to a...
Persistent link: https://www.econbiz.de/10011514075
Cover Image
Supply restrictions, subprime lending and regional US house prices
Anundsen, André Kallåk; Heebøll, Christian - 2015
With regard to the recent US house price cycle, we analyze how the interaction between housing supply restrictions, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan Statistical Areas, we estimate a simultaneous boom-bust...
Persistent link: https://www.econbiz.de/10010488113
Cover Image
Social networks and housing markets
Bailey, Michael; Cao, Ruiqing; Kuchler, Theresa; … - 2016
The recent house price experiences within an individual's social network affect her perceptions of the attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine anonymized social network information from Facebook with...
Persistent link: https://www.econbiz.de/10011476018
Cover Image
House prices, local demand, and retail prices
Stroebel, Johannes; Vavra, Joseph - 2015 - This draft: August 2015
We use detailed micro data to document a causal response of local retail price to changes in house prices, with elasticities of 15%-20% across housing booms and busts. Notably, these price responses are largest in zip codes with many homeowners, and non-existent in zip codes with mostly renters....
Persistent link: https://www.econbiz.de/10011387343
Cover Image
Gentrification and affordable housing policies
Borck, Rainald; Gohl, Niklas - 2021
We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations....
Persistent link: https://www.econbiz.de/10012696919