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School quality and housing prices : empirical evidence from a natural experiment in Shanghai, China
Hao Feng; Lu, Ming - In: Journal of housing economics 22 (2013) 4, pp. 291-307
Persistent link: https://www.econbiz.de/10010439330
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Capitalization as a two-part tariff : the role of zoning
Banzhaf, H. Spencer; Mangum, Kyle - 2019
This paper shows that the capitalization of local amenities is effectively priced into land via a two-part pricing …
Persistent link: https://www.econbiz.de/10012058914
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Property taxation, bounded rationality and house prices
Elinder, Mikael; Persson, Lovisa - 2014
projected - in line with tax capitalization theory - that the tax decrease would lead to significant increases in house prices …. We estimate price responses and capitalization degrees, using various DID strategies, in which the price dynamics of … reduction. Our results are largely inconsistent with capitalization theory. For the majority of properties, we find no evidence …
Persistent link: https://www.econbiz.de/10010391445
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Property taxation, bounded rationality and housing prices
Elinder, Mikael; Persson, Lovisa - 2014
projected - in line with tax capitalization theory - that the tax decrease would lead to significant increases in house prices …. We estimate price responses and capitalization degrees, using various DID strategies, in which the price dynamics of … reduction. Our results are largely inconsistent with capitalization theory. For the majority of properties, we find no evidence …
Persistent link: https://www.econbiz.de/10010358459
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Valuing public goods more generally : the case of infrastructure
Albouy, David; Farahani, Arash - 2017
We examine the relationship between local public goods, prices, wages, and population in an equilibrium inter-city model. Non-traded production, federal taxes, and imperfect mobility all affect how public goods (or "amenities" more broadly) should be valued from data. Reinterpreting the...
Persistent link: https://www.econbiz.de/10011657575
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The value of rural and urban public infrastructure
Albouy, David; Kim, Heejin - In: Economic development quarterly : the journal of … 36 (2022) 3, pp. 177-192
Persistent link: https://www.econbiz.de/10013391054
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How does a change in risk perception affect the housing market? : evidence from an industrial accident in France
Bléhaut, Marianne - 2014 - Preliminary version
In 2001, the AZF plant exploded in Toulouse (France). The accident was unexpected, it strongly damaged local housing and benefited from a wide media coverage. It provides a rare opportunity to analyze the consequences of a shift in risk perception on housing markets and neighborhoods subject to...
Persistent link: https://www.econbiz.de/10011487845
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Capitalization of school quality into housing prices : evidence from Boston Public School district walk zones
La, Vincent - In: Economics letters 134 (2015), pp. 102-106
Persistent link: https://www.econbiz.de/10011432333
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House price responses to a national property tax reform
Elinder, Mikael; Persson, Lovisa - In: Journal of economic behavior & organization : JEBO 144 (2017), pp. 18-39
Persistent link: https://www.econbiz.de/10011926834
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Mobility, housing markets, and schools : estimating the effects of inter-district choice programs
Brunner, Eric J.; Cho, Sung-woo; Reback, Randall - In: Journal of public economics 96 (2012) 7/8, pp. 604-614
Persistent link: https://www.econbiz.de/10009691184