We examine the influence of neighborhood peer effects on the decision of women to work using panel data that follows clusters of adjacent homes between 1985-1993. Modeling assumptions imply rank order restrictions that enable us to classify individuals into peer groups while identifying peer...

Home-sharing increases the potential economic returns to residential properties. We examine how the expansion of Airbnb has stimulated neighborhood investment. Our instrumental variable estimates show that a one-percent increase in Airbnb listings raised the number of residential renovation...

We document a number of striking features about the initial impact of the pandemic on local commerce across 16 US cities. There are two novel contributions from this analysis: exploration of neighborhood-level effects and shifts between offline and online purchasing channels. In our analysis we...

Recent research underscores the sensitivity of conclusions drawn from the application of econometric methods devised for quantitative outcome variables to data featuring ordinal outcomes. The issue is particularly acute in the analysis of happiness data, for which no natural cardinal scale...

This paper examines the factors that affect branch location choice of depository lenders. Consistent with previous studies, the tract level analysis in this paper finds a strong negative impact of neighborhood income and minority composition on individual access to depository branches even after...

This study estimated the effect of flood hazards on residential property values by applying a hedonic price model to house sale data from 2007 to 2013 in the Fargo-Moorhead Metropolitan Statistical Area. A difference-in-difference framework was used to estimate changes in the price discount...

The existence of racially and ethnically diverse urban neighborhoods is one of our Nation's best-kept secrets. Instead of telling about these places, the media regularly report on the continued legacy of racial and ethnic tensions in the United States. As the Nation is becoming more racially and...

This chapter reviews recent literature that considers and explains the tendency for neighborhood and city-level economic status to rise and fall. A central message is that although many locations exhibit extreme persistence in economic status, change in economic status as measured by various...

Education in Denmark is freely available. Despite near equal teacher salaries and per-pupil school expenditure across districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores. We argue that this is due to sorting of teachers...

Social scientists studying the disadvantages of poor urban neighborhoods have focused on the quality of publicly provided amenities. However, the quantity and quality of local private amenities, such as grocery stores and restaurants, can also have important quality of life implications for...