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In hedonic analysis, a common approach for eliciting information regarding the welfare significance of some landmark or (dis)amenity is to control for its distance from each observation. Unfortunately, the effects of distances to amenities on housing prices are generally not consistent...
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We use a finite mixture model to identify latent submarkets from household demographics that estimates a separate hedonic regression equation for each submarket. The method is a relatively robust empirical tool to extract submarkets from demographic information with far less effort than...
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Some problems with the Georgia job tax credit program have been outlined as have some potential remedies. In this paper, we analyze Georgia's job tax credit policy through a county typology lens. County typologies are created using factor analysis of the most recently available demographic,...
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