Air quality is one of the major concerns in big cities. It is therefore of interest to evaluate properly air pollution. Specifically, this paper aims at measuring how air quality is incorporated in transaction prices in downtown Madrid. For that purpose, we use multilevel models since our sample...

This paper evaluates the effect of ozone pollution on individuals' subjective health satisfaction and well-being, allowing us to capture both direct and indirect effects of ozone pollution on adults. Specifically, we focus on differences between households with and without children. We combine...