Studies of the “stated preferences†of households generally report public and political opposition by urban commuters to congestion pricing. It is thought that this opposition inhibits or precludes tolls and pricing systems that would enhance efficiency in the use of scarce roadways....

This paper compares the level of spatial segregation by race or ethnicity with the level of spatial segregation by demographic group in two metropolitan areas with similar incomes and demographic compositions, but with very different racial proportions. We compare census tract data for the San...

In many developed countries, the most significant housing subsidy programs are funded by tax expenditures rather than direct appropriations. Beyond the subsidy to homeownership under the personal income tax, the U.S. tax code provides additional subsidies to specific groups of homeowners. For...

This paper provides the first credible evidence on the economic value of "green buildings" derived from impersonal market transactions rather than engineering estimates. We analyze clusters of certified green and nearby buildings, establishing that "rated" buildings command substantially higher...

Studies of the “stated preferences” of households generally report public and political opposition by urban commuters to congestion pricing. It is thought that this opposition inhibits or precludes tolls and pricing systems that would enhance efficiency in the use of scarce roadways. This...

We analyze the diffusion of buildings certified for energy efficiency across US property markets. Using a panel of 48 metropolitan areas (MSAs) observed over the last 15 years, we model the geographic patterns and dynamics of building certification, relating industry composition, changes in...