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variation in the threat of crime within small homogenous groupings of homes, and we use the timing of sex offenders' arrivals to … offenders or view living near an offender as having costs exclusive of crime risk …
Persistent link: https://www.econbiz.de/10012466415
In this paper, we estimate a stochastic-dynamic model for domestic violence using data collected by the Minneapolis Domestic Violence Experiment. Our primary finding is that arrest deters domestic violence, but the effect wears off quite quickly. We find also that current employment for the male...
Persistent link: https://www.econbiz.de/10012473965
The Resource Conservation and Recovery Act (RCRA) manages cleanup of hazardous waste releases at over 3,500 sites across the US, which covers approximately 17.5% of all developed land in the country. This paper evaluates the national housing market impacts of cleanups performed under RCRA and...
Persistent link: https://www.econbiz.de/10013462709
This paper estimates the value of urban trees. The empirical strategy exploits an ecological catastrophe -- the Emerald Ash Borer (EAB) infestation in Toronto to isolate exogenous variation in neighborhood tree canopy changes. Adding one tree to a postcode increases property prices by 0.40%; the...
Persistent link: https://www.econbiz.de/10014468263
Carbon capture, utilization, and storage (CCUS) techniques are vital to decarbonization goals. A CCUS supply chain captures CO₂ and delivers it to a suitable location where CO₂ can either be used or injected deep underground for long-term storage. CCUS projects reduce carbon emissions but...
Persistent link: https://www.econbiz.de/10014635676
What explains record U.S. house price growth since late 2019? We show that the shift to remote work explains over one half of the 23.8 percent national house price increase over this period. Using variation in remote work exposure across U.S. metropolitan areas we estimate that an additional...
Persistent link: https://www.econbiz.de/10013210069
While rising house prices benefit existing homeowners, we document a new channel through which price shocks have intergenerational wealth effects. Using panel data from school zones within a large U.S. school district, we find that higher local house prices lead to improvements in local school...
Persistent link: https://www.econbiz.de/10014322733
According to ECB (2023) and European Systemic Risk Board (2022), Swedish owner-occupied housing (OOH) was overvalued by about 55% in 2021q2, the largest overvaluation in the EU and EEA; according to European Commission (2023c), by about 30% in 2022. These assessments affect warnings and...
Persistent link: https://www.econbiz.de/10014436993
Our understanding of individuals' response to information about unregulated contaminants is limited. We leverage the highly publicized social discovery of unregulated PFAS (per- and polyfluoroalkyl substances) contamination in public drinking water to study the impact of information about...
Persistent link: https://www.econbiz.de/10014372488
The conversion of brown office buildings to green apartments can contribute towards a solution to three pressing issues: oversupply of office in a hybrid-and-remote-work world, shortage of housing, and excessive greenhouse gas emissions. We propose a set of criteria to identify commercial office...
Persistent link: https://www.econbiz.de/10014337764