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The effect of subway policies on gasoline consumption: Subway expansion versus fare changes 地铁政策对汽油消费的影响：地铁扩张与票价变化
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-30 DOI: 10.1016/j.jue.2025.103795
Antung A. Liu , Yucheng Wang , Lei Zhang
{"title":"The effect of subway policies on gasoline consumption: Subway expansion versus fare changes","authors":"Antung A. Liu ,&nbsp;Yucheng Wang ,&nbsp;Lei Zhang","doi":"10.1016/j.jue.2025.103795","DOIUrl":"10.1016/j.jue.2025.103795","url":null,"abstract":"<div><div>Investments in urban light rail are meant to replace driving and alleviate emissions from road transportation, but little research has documented the direct link between alternative subway policies and gasoline consumption, leaving it unclear which subway policies are more efficient. Based on a unique dataset from a major gasoline retailer in China, this paper compares the effect of expanding the subway network with that of revising the fare. We find that both subway expansion and the fare change significantly impact gasoline consumption in the short run, but the effect of expanding the subway network is larger and more durable. A cost–benefit calculation also finds that subway network expansion is more cost-effective in reducing driving than changing the fare.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103795"},"PeriodicalIF":4.8,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does rent control increase tenant unemployment? 租金管制会增加租客失业吗？
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-30 DOI: 10.1016/j.jue.2025.103790
Hanchen Jiang , Luis Quintero , Xi Yang
{"title":"Does rent control increase tenant unemployment?","authors":"Hanchen Jiang ,&nbsp;Luis Quintero ,&nbsp;Xi Yang","doi":"10.1016/j.jue.2025.103790","DOIUrl":"10.1016/j.jue.2025.103790","url":null,"abstract":"<div><div>This paper proposes and tests the hypothesis that rent control increases tenant unemployment. Using microdata from New York City between 2002 and 2017, we find that rent stabilization increases tenants’ probability of unemployment by more than four percentage points, and the effect is especially pronounced among tenants with unearned income. To address endogeneity concerns, we employ an instrumental variable strategy that exploits the local relative availability of rent-stabilized units at the time of move-in as an exogenous source of variation. We propose a job-search model to explain the disincentive channel underlying our results. These findings highlight the potential unintended consequences of rent control.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103790"},"PeriodicalIF":4.8,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Firms for funding: The effect of Million Dollar Plants on school finances and student achievement 资助公司：百万美元工厂对学校财政和学生成绩的影响
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-30 DOI: 10.1016/j.jue.2025.103794
Rahul R. Gupta , Viviana Rodriguez
{"title":"Firms for funding: The effect of Million Dollar Plants on school finances and student achievement","authors":"Rahul R. Gupta ,&nbsp;Viviana Rodriguez","doi":"10.1016/j.jue.2025.103794","DOIUrl":"10.1016/j.jue.2025.103794","url":null,"abstract":"<div><div>We study the impact of large firm entry on local public education by comparing school districts in counties that win a Million Dollar Plant (MDP) to runner-up counties. Winning an MDP increases school district revenues by approximately 3%, primarily through higher local property tax collections. While total per pupil revenue rises modestly, we find gains in instructional spending and small improvements in test scores. Effects vary by firm type: manufacturing MDPs are associated with greater capital outlays but limited achievement gains, whereas high-tech MDPs see increased instructional spending and improved proficiency. Districts with MDPs in highly educated industries exhibit larger increases in instructional spending and student outcomes, even when overall revenue gains are similar.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103794"},"PeriodicalIF":4.8,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Housing booms and shirking 房地产繁荣和逃避
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-16 DOI: 10.1016/j.jue.2025.103793
Quanlin Gu , Jia He , Wenlan Qian , Yuan Ren
{"title":"Housing booms and shirking","authors":"Quanlin Gu ,&nbsp;Jia He ,&nbsp;Wenlan Qian ,&nbsp;Yuan Ren","doi":"10.1016/j.jue.2025.103793","DOIUrl":"10.1016/j.jue.2025.103793","url":null,"abstract":"<div><div>This paper studies the effect of housing wealth shocks on workplace shirking. We use the type and actual <em>time stamps</em> of credit card transactions to detect non-work-related behavior during work hours. After a one-percentage-point increase in house prices, employed homeowners experienced a fast and persistent increase by 3.8 % per month in their propensity to use work hours to attend to personal needs. The post-shock response is more pronounced among homeowners with a greater wealth increase, with poorer career potential, or for occupations with higher monitoring costs.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103793"},"PeriodicalIF":5.7,"publicationDate":"2025-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144633545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Strategies and consequences of local fiscal consolidation: Evidence from Germany 地方财政整顿的策略和后果：来自德国的证据
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-16 DOI: 10.1016/j.jue.2025.103792
Melinda Fremerey , Andreas Lichter , Max Löffler
{"title":"Strategies and consequences of local fiscal consolidation: Evidence from Germany","authors":"Melinda Fremerey ,&nbsp;Andreas Lichter ,&nbsp;Max Löffler","doi":"10.1016/j.jue.2025.103792","DOIUrl":"10.1016/j.jue.2025.103792","url":null,"abstract":"<div><div>We investigate the consequences of a large-scale fiscal consolidation program for German municipalities. Identification relies on a difference-in-differences approach exploiting political discretion in the program’s assignment rule. We find that targeted jurisdictions improved their fiscal balance by EUR<!--> <!-->190 per capita and year net of the program-induced grants. Local consolidation strategies differed significantly by population size, which we rationalize with agglomeration economies. Spending cuts and tax increases had little effect on the local economy. However, we detect declines in population levels and house prices as well as electoral backlash in smaller municipalities that disproportionally increased the property tax and cut spending on local public services.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103792"},"PeriodicalIF":5.7,"publicationDate":"2025-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144633546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Rushing to opportunity: City growth and entrepreneurship 冲向机遇：城市成长与创业
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-08 DOI: 10.1016/j.jue.2025.103783
Kristian Behrens , Nathan Seegert
{"title":"Rushing to opportunity: City growth and entrepreneurship","authors":"Kristian Behrens ,&nbsp;Nathan Seegert","doi":"10.1016/j.jue.2025.103783","DOIUrl":"10.1016/j.jue.2025.103783","url":null,"abstract":"<div><div>The growth of many cities and industries differs, with some growing slowly and others experiencing rapid change—i.e., rushes. To explain these differences and explore the mechanisms of growth, we develop a model centered on a new trade-off between time-varying fundamentals and time-invariant – but rank-dependent – opportunities. Early population flows depend on the opportunities new entities provide, whether from available land in cities or the accumulation of entrepreneurship human capital in firms. Our model can explain the existence of rushes and their size. We provide suggestive empirical evidence on city- and industry growth consistent with the model’s predictions.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103783"},"PeriodicalIF":5.7,"publicationDate":"2025-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144572419","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The labor market outcomes of jurisdictional consolidation: Evidence from city–county mergers in China 管辖权合并对劳动力市场的影响：来自中国市县合并的证据
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-04 DOI: 10.1016/j.jue.2025.103788
Shiyu Bo, Yi Wang
{"title":"The labor market outcomes of jurisdictional consolidation: Evidence from city–county mergers in China","authors":"Shiyu Bo,&nbsp;Yi Wang","doi":"10.1016/j.jue.2025.103788","DOIUrl":"10.1016/j.jue.2025.103788","url":null,"abstract":"<div><div>In this paper, we examine the labor market outcomes of jurisdictional consolidation, focusing on the effect of city–county mergers in China between 2011 and 2018 on the wages of migrant workers and local residents. Under the merger reform, city districts were consolidated with nearby counties, expanding the jurisdiction under the centralized control of the prefecture government. Using a staggered difference-in-differences approach, we find that wages increased by 3.1% for migrant workers and 10.4% for local residents in consolidated jurisdictions. We attribute these effects to local economic growth and the resulting differentiated labor demand for migrant and local workers.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103788"},"PeriodicalIF":5.7,"publicationDate":"2025-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144549677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Colonial legacy and land market formality 殖民遗产和土地市场形式
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-02 DOI: 10.1016/j.jue.2025.103789
Mariaflavia Harari , Maisy Wong
{"title":"Colonial legacy and land market formality","authors":"Mariaflavia Harari ,&nbsp;Maisy Wong","doi":"10.1016/j.jue.2025.103789","DOIUrl":"10.1016/j.jue.2025.103789","url":null,"abstract":"<div><div>We study the role of Dutch colonial institutions on urban development for the megacity of Jakarta, Indonesia. Using historical maps of Dutch settlements and a rich granular database, we implement a boundary discontinuity design comparing locations on either side of Dutch boundaries. We find that historical Dutch areas today have significantly lower parcel density, are more likely to have formally registered parcels, and have more regular parcel layout, pointing to the importance of planning and cadastral mapping. Dutch settlements are also more likely to appear formal, as per a photographic index that ranks the appearance of neighborhoods. We highlight the role of land market institutions over alternative channels, such as direct Dutch investments or natural advantage.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103789"},"PeriodicalIF":5.7,"publicationDate":"2025-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144523101","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effects of macroprudential policy restricting housing investor credit supply 宏观审慎政策限制住房投资者信贷供给的效果
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-02 DOI: 10.1016/j.jue.2025.103785
Christian Gillitzer , Nalini Prasad
{"title":"The effects of macroprudential policy restricting housing investor credit supply","authors":"Christian Gillitzer ,&nbsp;Nalini Prasad","doi":"10.1016/j.jue.2025.103785","DOIUrl":"10.1016/j.jue.2025.103785","url":null,"abstract":"<div><div>We study the effects on the housing market of two macroprudential policies in Australia restricting credit supply to residential housing investors. The first policy placed a bank-level cap on mortgage credit growth to investors. The second policy placed a bank-level cap on interest-only lending, which is predominantly used by investors. Both policies caused a large and sharp reduction in new investor lending relative to new owner-occupier lending. Using unit-record data on property sales and listings, we show that the restrictions on investor lending reduced the share of properties purchased by investors and reduced the relative price of properties in investor segments of the market. Our results demonstrate the potential efficacy of macroprudential policy restricting credit supply to investors.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103785"},"PeriodicalIF":5.7,"publicationDate":"2025-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144523100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A better delineation of U.S. metropolitan areas 更好地划分美国大都市地区
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-07-02 DOI: 10.1016/j.jue.2025.103781
Jordan Rappaport , McKenzie Humann
{"title":"A better delineation of U.S. metropolitan areas","authors":"Jordan Rappaport ,&nbsp;McKenzie Humann","doi":"10.1016/j.jue.2025.103781","DOIUrl":"10.1016/j.jue.2025.103781","url":null,"abstract":"<div><div>Metropolitan areas are a fundamental unit of economic analysis. Broadly defined, they are unions of built-up locations near each other among which people travel between places of residence, employment, and consumption. Despite the importance of metropolitan areas, metropolitan Core-Based Statistical Areas and other official U.S. delineations considerably stray from this broad definition. We develop a simple algorithm to better match it, using commuting flows among U.S. census tracts in 2000. Three judgmental parameters govern the threshold strength of commuting ties between locations to include them in the same metropolitan area, the maximum separating distance between locations, and the threshold density of outlying settlement. A parameterization that balances encompassing commuting flows and excluding sparsely settled land delineates 361 Kernel-Based Metropolitan Areas (KBMAs), in aggregate capturing almost all the population and employment of metropolitan CBSAs in a small fraction of their land area. We benchmark KBMAs against two alternative parameterizations, one that prioritizes encompassing commuting flows and one that prioritizes excluding less built-up and less near locations.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103781"},"PeriodicalIF":5.7,"publicationDate":"2025-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144535418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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