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The effect of school construction on test scores, school enrollment, and home prices

Neilson, Christopher; Zimmerman, Seth - 2011

This paper provides new evidence on the effect of school construction projects on home prices, academic achievement, and public school enrollment. Taking advantage of the staggered implementation of a comprehensive school construction project in a poor urban district, we find that, by six years...

Persistent link: https://www.econbiz.de/10010282353

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.; Bresson, Georges - 2010

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and spatial error components. We study the general case where spatial effects are incorporated via spatial errors terms and via a spatial lag dependent variable and where the...

Persistent link: https://www.econbiz.de/10010274576

Geography vs. institutions at the village level

Grimm, Michael; Klasen, Stephan - 2008

There is a well-known debate about the roles of geography versus institutions in explaining the long-term development … Robinson (2001) was to address this last point by using settler mortality as an instrument for geography-induced endogenous … mechanisms from geography via institutions to economic development outcomes. In particular, we examine the determinants of …

Persistent link: https://www.econbiz.de/10010268882

Disease environment and civil conflicts

Cervellati, Matteo; Sunde, Uwe; Valmori, Simona - 2011

robust to different specifications, data sets and estimation methods, and suggest that the persistent exposure to a more … also suggest the potential relevance of a channel linking geography to economic development that has not been investigated …

Persistent link: https://www.econbiz.de/10010278648

Neighborhood effects and individual unemployment

Bauer, Thomas K.; Fertig, Michael; Vorell, Matthias - 2011

Using a unique dataset for Germany that links individual longitudinal data from the GSOEP to regional data from the …

Persistent link: https://www.econbiz.de/10010282292

Partial identification of willingness-to-pay using shape restrictions with an application to the value of a statistical life

Sojourner, Aaron J. - 2010

Economists often analyze cross-sectional data to estimate the value people implicit place on attributes of goods using hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals' willingness-to-pay (WTP) for changes in attribute...

Persistent link: https://www.econbiz.de/10010272632

Hedonic wage equilibrium: Theory, evidence and policy

Kniesner, Thomas J.; Leeth, John D. - 2010

We examine theoretically and empirically the properties of the equilibrium wage function and its implications for policy. Our emphasis is on how the researcher approaches economic and policy questions when there is labor market heterogeneity leading to a set of wages. We focus on the application...

Persistent link: https://www.econbiz.de/10010272633