Showing 1 - 10 of 124
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to exploit economic opportunities that could not be accommodated by the inflexible rights regime inherited from the past. In...
Persistent link: https://www.econbiz.de/10008610965
We use a large project-level dataset to estimate the length of the planning period for commercial construction projects in the United States. We find that these time-to-plan lags are long, averaging about 17 months when we aggregate the projects without regard to size and more than 28 months...
Persistent link: https://www.econbiz.de/10010890095
Zoning has been cited as a discriminatory policy tool by critics, who argue that ordinances are used to deter the entry … of minority residents into majority neighborhoods through density restrictions (exclusionary zoning) and locate … complicated by the fact that land use and zoning have been co-evolving for nearly a century in most American cities, rendering …
Persistent link: https://www.econbiz.de/10010951206
associated with greater regulation appears to outweigh any benefits from improved quality-of-life. …
Persistent link: https://www.econbiz.de/10011271485
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...
Persistent link: https://www.econbiz.de/10004980319
The textbook graphical analysis of price control (see Figure 1) is inappropriate any time there is substantial consumer heterogeneity. In cases such as rental apartments, where one unit is usually the maximum bought per customer, and the downward slope of the demand function comes exclusively...
Persistent link: https://www.econbiz.de/10005580145
likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local …
Persistent link: https://www.econbiz.de/10008919724
Understanding potential spillovers from the attributes and actions of neighborhood residents onto the value of surrounding properties and neighborhoods is central to both the theory of urban economics and the development of efficient housing policy. This paper measures the capitalization of...
Persistent link: https://www.econbiz.de/10010885298
Whether government transfer programs increase the human capital of low-income children is a question of first-order policy importance. Such policies might help poor children if their parents are credit constrained, and so under-invest in their human capital. But it is also possible that whatever...
Persistent link: https://www.econbiz.de/10010951410
The Moving to Opportunity (MTO) experiment offered randomly selected families living in high-poverty housing projects housing vouchers to move to lower-poverty neighborhoods. We present new evidence on the impacts of MTO on children's long-term outcomes using administrative data from tax...
Persistent link: https://www.econbiz.de/10011276428