Vermeulen, Wouter; Hilber, Christian A.L. - Centraal Planbureau (CPB), Government of the Netherlands - 2012
We explore the impact of different types of supply constraints on house prices in England by exploiting a unique panel dataset of 353 local planning authorities ranging from 1974 to 2008.
Using exogenous variation from a policy reform, vote shares and historical density to identify the...