Journal of Urban Economics最新文献

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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
Introduction to special issue of Journal of Urban Economics: Race, Social Justice, and Cities 城市经济学杂志》特刊导言:种族、社会正义与城市
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-02-02 DOI: 10.1016/j.jue.2024.103632
Leah Boustan , David Neumark
{"title":"Introduction to special issue of Journal of Urban Economics: Race, Social Justice, and Cities","authors":"Leah Boustan ,&nbsp;David Neumark","doi":"10.1016/j.jue.2024.103632","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103632","url":null,"abstract":"","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139675660","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 : 2024-02-01 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, Philipp Schrauth","doi":"10.1016/j.jue.2024.103643","DOIUrl":"https://doi.org/10.1016/j.jue.2024.103643","url":null,"abstract":"","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139828373","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
Black-Friendly businesses in cities during the Civil Rights Era 民权时代城市中的黑人友好型企业
IF 6.3 1区 经济学
Journal of Urban Economics Pub Date : 2024-01-29 DOI: 10.1016/j.jue.2024.103640
Maggie E.C. Jones , Trevon D. Logan , David Rosé , Lisa D. Cook
{"title":"Black-Friendly businesses in cities during the Civil Rights Era","authors":"Maggie E.C. Jones ,&nbsp;Trevon D. Logan ,&nbsp;David Rosé ,&nbsp;Lisa D. Cook","doi":"10.1016/j.jue.2024.103640","DOIUrl":"10.1016/j.jue.2024.103640","url":null,"abstract":"<div><p>Quantitative analysis of Black business districts and evidence on the magnitude of social change leading up to the passage of the Civil Rights Act of 1964, in particular as it relates to the accessibility of public accommodations, is limited. We combine newly digitized data on the precise geocoded location of nearly 6000 Green Book establishments – public accommodations that were friendly towards African American clientele – across major urban areas with existing and new sources of data on social change to understand the dynamics of Black-friendly businesses within cities during the middle of the twentieth century. In doing so, we document a new set of facts. First, we show that the location and growth of Green Book establishments responded to economic forces. Second, we show that there was a large increase in the number of Green Book establishments in cities between 1939 and 1955. Third, for Green Book establishments located in cities for which the Home Owner’s Loan Corporation (HOLC) drew residential security maps, the vast majority (nearly 70 percent) were located in the lowest-grade, redlined neighborhoods. And finally, we show that 1950s urban renewal projects were related to the contraction of non-discriminatory businesses. Collectively, these facts suggest that more research on Black-owned and Black-friendly businesses is needed to fully understand the economics of urban change in the twentieth century.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S009411902400010X/pdfft?md5=9963146847d7a259f42468b672c02741&pid=1-s2.0-S009411902400010X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139582180","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
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