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The Effects of Flood Insurance on Housing Markets
Indaco, Agustín - 2018
We analyze the role of food insurance on the housing markets of coastal cities. To do so we have assembled a parcel-level dataset including the universe of residential sales for three coastal urban areas in the United States – Miami-Dade county (2008-2015), New York city (2003-2016), and...
Persistent link: https://www.econbiz.de/10012910751
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The Price of Indoor Air Pollution : Evidence from Radon Maps and the Housing Market
Pinchbeck, Edward - 2020
This paper uses the housing market to examine the costs of indoor air pollution. We focus on radon, an indoor air pollutant which is the largest source of exposure to natural ionising radiation and the leading cause of lung cancer after smoking. To overcome potential confounders, we exploit a...
Persistent link: https://www.econbiz.de/10012823860
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Rising Sea Levels and Sinking Property Values : The Effects of Hurricane Sandy on New York's Housing Market
Ortega, Francesc - 2016
Are coastal cities adjusting to rising sea levels? This paper argues that large-scale events have the potential to ignite the process. We examine the effects of hurricane Sandy on the New York City housing market. We assemble a large plot-level dataset with rich geographic data on housing sales...
Persistent link: https://www.econbiz.de/10012978170
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Trend-Spotting in the Housing Market
Askitas, Nikos - 2015
I create a time series of weekly ratios of Google searches, in the US, on buying and selling in the Real Estate Category of Google Trends. I call this ratio the Google US Housing Market BUSE Index or simply the BUSE index. It expresses the number of "buy"-searches for each "sell"-search which,...
Persistent link: https://www.econbiz.de/10013013574
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Superstition, Conspicuous Spending, and Housing Markets : Evidence from Singapore
Agarwal, Sumit - 2016
For most people, buying a home is their single largest financial commitment. Previous research shows that Chinese buyers pay less for homes with unlucky addresses and more for homes with lucky addresses. Using Singapore data on housing transactions combined with a plethora of individual buyer...
Persistent link: https://www.econbiz.de/10012993869
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How Do Households Discount Over Centuries? Evidence from Singapore's Private Housing Market
Fesselmeyer, Eric - 2016
We examine Singapore's fairly homogeneous private-housing market and show that new apartments on historical multi-century leases trade at a non-zero discount relative to property owned in perpetuity. Descriptive regressions indicate that new apartments with 825 to 986 years of tenure remaining...
Persistent link: https://www.econbiz.de/10012995038
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Maximum Likelihood Estimation and Lagrange Multiplier Tests for Panel Seemingly Unrelated Regressions with Spatial Lag and Spatial Errors : An Application to Hedonic Housing Prices...
Baltagi, Badi H. - 2010
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …
Persistent link: https://www.econbiz.de/10013137243
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Diversity and Public Goods : A Natural Experiment with Exogenous Residential Allocation
Algan, Yann - 2011
This paper demonstrates the effects of ethnic and religious diversity on the quality of public spaces. Its identification strategy relies on the exogeneity of public housing allocations in France, and thereby eliminates the bias from endogenous sorting. The paper uses micro evidence of social...
Persistent link: https://www.econbiz.de/10013119010
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Active Inclusion of Immigrants in Poland
Duszczyk, Maciej - 2012
Poland has traditionally been treated as an emigration country. Since recently Poland has been changing into an emigration-immigration country. The latter, namely immigration, was boosted by the European Union membership and by stable and strong growth of the country. In the last years,...
Persistent link: https://www.econbiz.de/10013108236
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International Migration and Regional Housing Markets : Evidence from France
d'Albis, Hippolyte - 2017
flows into France's 22 administrative regions from 1990 to 2013. We then estimated various panel VAR models, taking into …
Persistent link: https://www.econbiz.de/10012963855