Proponents of vehicle buy back programs maintain the earlier retirement of older vehicles will reduce pollution, increase income for lower-income households and stimulate the automobile industry. This paper provides a brief assessment of costs and benefits of vehicle buy-back programs. There are...

Hedonic pricing models use property value differentials to value changes in environmental quality. If unmeasured quality attributes of residential properties are correlated with an environmental quality measure of interest, conventional methods for estimating implicit prices will be biased....

A ubiquitous and largely unquestioned assumption in studies of housing markets is that there is perfect information about local amenities. This paper measures the housing market and health impacts of 1,600 openings and closings of industrial plants that emit toxic pollutants. We find that...

This paper studies distributional effects of environmental policies in Swedish coastal environments, in monetary and environmental quality terms, for different socio-economic groups. The study area is widely used for different recreational activities and has a mix of different visitors. Data...

Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of environmental legislation in most countries. In this paper, we analyse the relationship between air quality and subjective well-being in Europe. We use a unique dataset that merges...

Despite extensive use of housing data to reveal valuation of non-market goods, the process of house price capitalization remains vague. Using the restricted access American Housing Survey, a high-frequency panel of prices, turnover, and occupant characteristics, this paper examines the time path...

We estimate the marginal willingness-to-pay for PM10 abatement in the three largest Mexican cities. We use a unique data set with actual market transactions at the household level from January 2003 to May 2004 and observed PM10 concentrations. We follow an instrumental variable approach to...

One of the lessons we have learned during our industrialization process is that the garbage we left behind would trip up someone else. In other words, it is not possible to smooth over cracks any more. The home owner has already surpassed her limits; tired and exhausted, but we are still getting...

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Using a data set on housing sales transactions we explore the potential effect of the Fukushima disaster on housing prices in Sweden. In contrast to most earlier findings in other countries we do not find any disproportionate effect from the Fukushima disaster on housing prices in vicinity of...