Showing 1 - 10 of 198
The California coast line borders some of the most beautiful and expensive land in the entire world. The California Coastal Commission was created in 1976 to protect the coast line and to regulate land use within the coastal boundary zone. This well defined regulatory boundary offers a unique...
Persistent link: https://www.econbiz.de/10008869767
We apply unique loan level data from New Century Financial Corporation, a major subprime lender, to assess whether attributes of Congressional Representatives were associated with access to and pricing of subprime mortgage credit. Research findings indicate higher likelihoods of subprime loan...
Persistent link: https://www.econbiz.de/10010636924
This handbook chapter seeks to document the economic forces that led the US to become an urban nation over its two hundred year history. We show that the urban wage premium in the US was remarkably stable over the past two centuries, ranging between 15 and 40 percent, while the rent premium was...
Persistent link: https://www.econbiz.de/10010696644
Persistent link: https://www.econbiz.de/10010848693
This paper uses zip code level data to investigate the spatial distribution of two major "green" products. Using data from California, we document where hybrid vehicles cluster within the state. Using data for the entire nation, we study where LEED registered buildings cluster. By creating a...
Persistent link: https://www.econbiz.de/10005046331
Wbile the Israeli experiment in new town development included an attempt to integrate immigrants of disparate African, Asian and European backgrounds, subsequent development patterns indicate that neighbourhood stratification has occurred based upon population origin, date of immigration and...
Persistent link: https://www.econbiz.de/10010886425
In the last few decades, U.S. financial markets have witnessed a dramatic increase in the sophistication and size of the secondary market for mortgage loans. By 2002, close to 90 percent of conforming mortgage loan originations in the U.S. were sold into the secondary market. Although there is...
Persistent link: https://www.econbiz.de/10011252738
This paper provides the first application of the compensating differential paradigm to the evaluation of the extent and sources of evolution in state quality-of-life. The compensating differentials approach derives from early work by Rosen (1979) and Roback (1982), who showed how to extract...
Persistent link: https://www.econbiz.de/10011252750
New intermetropolitan and time-series data from the BLS are used to derive and modelthe incidence and the duration of rental vacancies and to assess the importance of thoseindicators to the price adjustment mechanism for rental housing. Research findings indicatethat the duration of vacancy...
Persistent link: https://www.econbiz.de/10011252759
In a paper published in The Review of Economics and Statistics some 20 years ago, we sought to assess the disparate residential location choices of black and white households in the Washington, D.C. metropolitan area (Gabriel and Rosenthal [1989]). The paper showed that simulated closure of...
Persistent link: https://www.econbiz.de/10011252775