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We focus on the housing market and examine why nonlocal home buyers (NLBs) pay 15 percent more for houses than local home buyers (LBs). We estimate a housing demand model that returns heterogeneous willingness to pay parameters for housing attributes. Our results show that NLBs are willing to...
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of the United States, Canada and Germany to data risks posed by popular apps such as FaceApp, Facebook, Strava, TikTok …
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