Journal of Urban Economics最新文献

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The role of agents in fraudulent activities: Evidence from the housing market in Beijing 中介在欺诈活动中的作用:来自北京住房市场的证据
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-05-09 DOI: 10.1016/j.jue.2024.103668
Sumit Agarwal , Weida Kuang , Long Wang , Yang Yang
{"title":"The role of agents in fraudulent activities: Evidence from the housing market in Beijing","authors":"Sumit Agarwal ,&nbsp;Weida Kuang ,&nbsp;Long Wang ,&nbsp;Yang Yang","doi":"10.1016/j.jue.2024.103668","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103668","url":null,"abstract":"<div><p>This study examines the role played by real estate agents in fraudulent activities in China’s housing market. We show that agents contribute to the formation of <em>Yin–Yang</em> contracts and the magnitude of resulting tax evasion through two possible mechanisms: the learning-by-doing effect and the peer effect. Agents’ cumulative experience allows them to discover local registration authorities’ monitoring capability and strategically register prices close to the internal guideline prices. Moreover, agents’ involvement in tax evasion is significantly affected by the tax evasion behaviors of their peers. The difference-in-differences analyses across two policy shocks show that the involvement of experienced real estate agents exacerbates the magnitude of tax evasion during periods of frequent government policy adjustments.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140901469","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
JUE insight: Differences in rent growth by income from 1985 to 2021 and implications for inflation 觉》的洞察力:1985 至 2021 年按收入划分的租金增长差异及其对通货膨胀的影响
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-05-07 DOI: 10.1016/j.jue.2024.103669
Raven Molloy
{"title":"JUE insight: Differences in rent growth by income from 1985 to 2021 and implications for inflation","authors":"Raven Molloy","doi":"10.1016/j.jue.2024.103669","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103669","url":null,"abstract":"<div><p>Shelter is a large share of household expenditures and therefore has a large weight in inflation measurement. Because rich and poor households tend to make different housing and location choices, does the shelter component of inflation differ across the income distribution? I calculate rent growth for households in each quintile of the income distribution from 1985 to 2021 and find modestly lower rent growth for lower-income groups. However, because lower-income households spend a larger fraction of total expenditures on housing, I find little difference across groups in headline inflation. Therefore, different housing and location choices have not generated materially different shelter components of inflation across the income distribution.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140879197","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 urban development influence crime? Evidence from Philadelphia’s new zoning regulations 城市发展会影响犯罪吗?费城新分区法规提供的证据
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-04-25 DOI: 10.1016/j.jue.2024.103667
David Mitre-Becerril , John M. MacDonald
{"title":"Does urban development influence crime? Evidence from Philadelphia’s new zoning regulations","authors":"David Mitre-Becerril ,&nbsp;John M. MacDonald","doi":"10.1016/j.jue.2024.103667","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103667","url":null,"abstract":"<div><p>This paper estimates the effect of enacting a new zoning code in Philadelphia on urban development and crime. The new zoning code was intended to ease regulatory burdens for property development and land use changes, but the law allowed city council members to keep prerogative over urban development in their districts. The council district prerogative created arbitrary geographic discontinuities in the ability of the zoning code to promote urban development. Using a difference-in-discontinuities design, we find that the new zoning regulation caused a 35 percent reduction in land use zoning changes and building permits in council districts less friendly to urban development relative to neighboring districts. The decline in urban development had no short-term effect on crime. Construction projects and land-use changes appear to occur in the most densely populated areas, suggesting that council districts less inclined to urban development prevent residential construction in areas that would otherwise be a source for new residential housing development.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140646552","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
JUE insight: Expectations about future tax rates and firm entry 觉》的洞察力:对未来税率和企业进入的预期
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-04-16 DOI: 10.1016/j.jue.2024.103666
Dominika Langenmayr , Martin Simmler
{"title":"JUE insight: Expectations about future tax rates and firm entry","authors":"Dominika Langenmayr ,&nbsp;Martin Simmler","doi":"10.1016/j.jue.2024.103666","DOIUrl":"10.1016/j.jue.2024.103666","url":null,"abstract":"<div><p>Firms should use all available information to anticipate future tax rates. Firm mobility is one source of such information. We first establish theoretically that expected future tax rates are higher in jurisdictions attractive for immobile firms (such as wind power plants or resource extracting firms). Fewer mobile firms enter in such a jurisdiction. Building on previous empirical evidence that German municipalities raise tax rates following the entry of immobile firms, we confirm that firms use this information to anticipate future tax rates. In the jurisdictions with the largest expected future tax rate increases, 10% fewer firms enter.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0094119024000366/pdfft?md5=6b44a5a69cfbd305509fc411b6e43992&pid=1-s2.0-S0094119024000366-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140757202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Household mobility and the political economy and welfare effects of local tax limits 家庭流动性与地方税限额的政治经济和福利效应
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-03-25 DOI: 10.1016/j.jue.2024.103656
Stephen Calabrese
{"title":"Household mobility and the political economy and welfare effects of local tax limits","authors":"Stephen Calabrese","doi":"10.1016/j.jue.2024.103656","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103656","url":null,"abstract":"<div><p>I apply a Tiebout model of multiple local jurisdictions to study the political economy and welfare effects of state limitations on the taxing powers of local governments, investigating the effects of such restrictions on housing markets, community composition, and the types of expenditures undertaken by local governments. The Tiebout model in this paper is distinguished by voters choosing values of multiple local policy (tax and expenditure) instruments, a mixture of renters and owners residing in each community, and different degrees of household mobility. I characterize and provide sufficient conditions for voting equilibrium even with multiple policy instruments and varying housing tenure by developing a novel application of the <span>Besley and Coate (1997)</span> model of representative democracy. The different degrees of household mobility following the introduction of tax limits have significant impacts on equilibrium values, the predicted level of political support, and the welfare effects associated with these tax limits. In addition, almost none of the tax limits increase overall welfare, even though many gain majority support. The only case that is predicted to have majority support and increases welfare is when all households are mobile, head and income taxes have previously been constrained, and property taxes are then limited. These results accord well with the hypothesis of <span>Vigdor (2001)</span>—that much political support for tax limits comes from a desire by individuals to limit taxes in localities other than their own.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0094119024000263/pdfft?md5=112d8c363b7f4d0301c18b83c2dc4dca&pid=1-s2.0-S0094119024000263-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140209171","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
City characteristics, land prices and volatility 城市特征、地价和波动
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-28 DOI: 10.1016/j.jue.2024.103645
Sheridan Titman , Guozhong Zhu
{"title":"City characteristics, land prices and volatility","authors":"Sheridan Titman ,&nbsp;Guozhong Zhu","doi":"10.1016/j.jue.2024.103645","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103645","url":null,"abstract":"<div><p>We develop a model that describes how city characteristics affect the volatility of real estate rents and values. The model includes agglomeration externalities, which amplify the effect of productivity shocks on population growth and rents, as well as city characteristics that constrain population growth. While growth constraints make rents more subject to productivity shocks because of the inelastic supply, they can also suppress the benefits of agglomeration, which has the effect of decreasing the sensitivity of rents to productivity shocks. Our dynamic model exhibits persistent rent growth and rent-to-value ratios that vary across cities and over time. In particular, we show that productivity shocks have a larger initial effect on rents in more constrained cities, but a greater long-term effect in less constrained cities.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0094119024000159/pdfft?md5=c011de93bc7b8def0223ab877d552521&pid=1-s2.0-S0094119024000159-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139985924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Police brutality, law enforcement, and crime: Evidence from Chicago 警察暴力、执法和犯罪:芝加哥的证据
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-19 DOI: 10.1016/j.jue.2023.103630
Kadeem Noray
{"title":"Police brutality, law enforcement, and crime: Evidence from Chicago","authors":"Kadeem Noray","doi":"10.1016/j.jue.2023.103630","DOIUrl":"10.1016/j.jue.2023.103630","url":null,"abstract":"<div><p>It is a popular belief that police brutality incidents increase crime either by causing retaliation (i.e. rioting) or depolicing. But, these incidents may also deter crime, which makes the sign of the effect of brutality and crime ambiguous. In this paper, I build a simple model that highlights this theoretical ambiguity and provides guidance on how to use the joint effects of brutality on crime and arrests to distinguish between these three mechanisms: retaliation, depolicing, and deterrence. Using data on excessive force complaints in Chicago from 2011 to 2015, I exploit variation in the timing and location of serious excessive force incidents to estimate the effect of police brutality on crime rates and arrests rates within Chicago. I find that communities that experience serious brutality incidents experience a 2.1% increase in total crime in the month following the incident. These local crime rate increases are roughly five times larger when the victim is black and the officer is white (i.e. when incidents are <em>racially charged</em>). Racially charged incidents also result in large short-term increases in arrest rates (especially for violent crimes). These results are inconsistent with deterrence at the local level and highlight that the joint criminogenic and enforcement response to police brutality varies substantially by the racial composition of those involved. In addition, I also document some evidence of small post-incident city-wide declines in crime and arrests, highlighting the possibility that different mechanisms may matter at different scales of analysis. Contrary to public perception, I do not any find clear evidence of depolicing.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951150","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 impact of road rationing on housing demand and sorting 道路配给对住房需求和分类的影响
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-14 DOI: 10.1016/j.jue.2024.103642
Rhiannon Jerch , Panle Jia Barwick , Shanjun Li , Jing Wu
{"title":"The impact of road rationing on housing demand and sorting","authors":"Rhiannon Jerch ,&nbsp;Panle Jia Barwick ,&nbsp;Shanjun Li ,&nbsp;Jing Wu","doi":"10.1016/j.jue.2024.103642","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103642","url":null,"abstract":"<div><p>Canonical urban models postulate transportation cost as a key element in determining urban spatial structure. This paper examines how road rationing policies impact the spatial distribution of households around transit centers using rich micro data on housing transactions and resident demographics in Beijing. We find that Beijing’s road rationing policy significantly increased the demand for housing near subway stations. The premium for proximity is stable in the periods prior to the driving restriction, but shifts significantly in the aftermath of the policy. The composition of households living close to subway stations shifts towards slightly wealthier households. Our findings suggest that city-wide road rationing policies can have the unintended consequence of limiting access to public transit for lower income individuals.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139738508","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 residential landlord–tenant laws: New evidence from Canadian reforms using census data 住宅业主-租户法的影响:使用人口普查数据的加拿大改革新证据
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-13 DOI: 10.1016/j.jue.2024.103631
Dylan R. Clarke , Daniel E. Gold
{"title":"The effects of residential landlord–tenant laws: New evidence from Canadian reforms using census data","authors":"Dylan R. Clarke ,&nbsp;Daniel E. Gold","doi":"10.1016/j.jue.2024.103631","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103631","url":null,"abstract":"<div><p>We study the consequences of landlord–tenant laws on quality and prices in the rental housing market. We use the staggered introduction of Canadian <em>Residential Tenancy Acts</em> to study the consequences of a landlord–tenant reform that reduced tenants’ litigation costs and improved their bargaining power through mandatory contractual terms. To do so, we employ the difference-in-differences approach to estimate the average treatment effect on a repeated-cross section of households, controlling for income and family structure in five cities. The estimates imply that the reform led to a decline of 2.2 percentage points in the probability of a major defect, with no measurable effect on rent prices or homeownership rates. The average treatment effects are concentrated within families with children, who face greater costs to moving in response to property damage. The results are consistent with a stylized model in which a reduction in litigation costs allows the tenant to more cheaply recover on damages when moving costs are high, with second-generation rent controls limiting increases in rent prices charged by the landlord.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139727119","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
JUE insight: Ticket to paradise? The effect of a public transport subsidy on air quality 觉》的洞察力:通往天堂的车票?公共交通补贴对空气质量的影响
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-13 DOI: 10.1016/j.jue.2024.103643
Niklas Gohl , Philipp Schrauth
{"title":"JUE insight: Ticket to paradise? The effect of a public transport subsidy on air quality","authors":"Niklas Gohl ,&nbsp;Philipp Schrauth","doi":"10.1016/j.jue.2024.103643","DOIUrl":"10.1016/j.jue.2024.103643","url":null,"abstract":"<div><p>This paper provides novel evidence on the impact of public transport subsidies on air pollution. We obtain causal estimates by leveraging a unique policy intervention in Germany that temporarily reduced nationwide prices for regional public transport to a monthly flat rate price of 9 Euros. Using DiD estimation strategies on air pollutant data, we show that this intervention causally reduced a benchmark air pollution index by more than eight percent and, after its termination, increased again. Our results illustrate that public transport subsidies – especially in the context of spatially constrained cities – offer a viable alternative for policymakers and city planers to improve air quality, which has been shown to crucially affect health outcomes.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139888599","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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