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We provide the first evidence that spatial variation in all-cause mortality risk is capitalized into US housing prices …. Using a hedonic framework, we recover the annual implicit cost of a 0.1 percentage-point reduction in mortality risk among …, suggesting that the housing market provides an alternative, substantially cheaper channel to reducing mortality risk …
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The COVID crisis has severely hit both the United States and the European Union. Even though they are the wealthiest regions in the world, they differ substantially in economic performance, demographic characteristics, type of government, health systems, and measures undertaken to counteract...
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