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The standard index of urban quality of life provides an approximated value of the quality of life, since it associates the bundles of amenities observed in urban areas with their implicit marginal prices, and not with the prices of infra-marginal units. In this paper, we adjust the standard...
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Comparing cities by the use of indicators representing numerous aspects of urban life is crucial to policy decisions, such as the funding allocation for urban development. Principal Component Analysis reveals a small number of indicators – from an initial set of 46 – which have a high impact...
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This paper considers valuation of amenities in urban neighborhoods and satisfaction with those neighborhoods and life in general. First, rents are used to estimate the price of neighborhood amenities in San Jose, which explains 39% of the standardized variation of rents. Some districts rank very...
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