This paper shows that having access to a fast Internet connection is an important determinant of capitalization effects … average property from a high-speed first-generation broadband connection (offering Internet speed up to 8 Mbit/s) would …

This paper shows that having access to a fast Internet connection is an important determinant of capitalization effects … Internet broadband connections. Rich variation in Internet speed over space and time allows us to estimate the causal effect of … that an upgrade from narrowband to a high-speed first-generation broadband connection (offering Internet speed up to 8 Mbit …

This paper shows that having access to a fast Internet connection is an important determinant of capitalization effects … average property from a high-speed first-generation broadband connection (offering Internet speed up to 8 Mbit/s) would …

This paper shows that having access to a fast Internet connection is an important determinant of capitalization effects … average property from a high-speed first-generation broadband connection (offering Internet speed up to 8 Mbit/s) would …

The difference-in-differences (DID) approach that identifies the capitalization of amenities through changes in housing … prices has been widely used in the literature of hedonic estimation in the past decade. However, concerns have been raised … about how to interpret the estimated capitalization effects as changes in welfare. Following an approach developed by …