Butsic, Van; Hanak, Ellen; Valletta, Robert G. - Federal Reserve Bank of San Francisco - 2008
We use a hedonic framework to estimate and simulate the impact of global warming on real estate prices at North American ski resorts. To do so, we combine data on resort-area housing prices from two sources--data on average prices for U.S. Census tracts across a broad swath of the western U.S....