This paper analyzes the urban impacts of hybrid WFH in the simplest possible model, relying on Leontief utility and production functions and other simplifying assumptions. The analysis shows that introduction of WFH raises both the wage and land consumption of households while shrinking the size...

We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers' location in an agglomeration depends on commuting costs, the endogenous price of land and the value of job search and employment. We first show that...

Milfoil is an aggressive aquatic invasive species that affects freshwater lakes by altering lake ecosystems and degrading the quality of water recreation activities. Three studies estimating the effect of milfoil infestation on lakefront property values have each found substantial discounts....

Conservation easements raise a number of interesting legal issues, not the least of which is whether a conservation easement is automatically extinguished pursuant to the real property law doctrine of merger if its government or nonprofit holder acquires title to the encumbered land. This...

We examine the value of climate forecasts to agricultural producers in a small watershed in southeast Alabama. To carry out the analysis, SWAT is used to divide the Kelly Creek watershed into 77 subwatersheds, according to soil type and topography; then APEX is used to simulate crop yield...

This paper develops and tests a theory of common property deforestation over space. The model examines both the spatial distribution of forest loss and the total amount of deforestation within a given community, showing how these outcomes are jointly determined. We estimate the equations of the...

Attenuation of existing land use conflicts is often approached by means of economic compensations. We estimate conflicts in the High-Andean Plains System of the Antioquia Department, comparing land use restrictions with the dynamic of the agricultural frontier. Compensations are calculated as a...

Households in real cities are heterogeneous regarding their size and composition. This implies that the household structure - i.e. the (average) household size, the composition, the relative share of different household types, and the number of households - differs across cities. This aspect is...

Households in real cities are heterogeneous regarding their size and composition. An aspect usually neglected in urban models used to study economic and policy issues that arise in today's cities. We develop an urban general equilibrium model that takes a more complex household structure...

Formation of SEZ using agricultural land with a view to promote industrialization has recently been one of most controversial policy issues in many developing economies including India. This paper theoretically evaluates the consequences of this policy on a developing economy in terms of a...