Mario F. Carillo , Lavinia Piemontese , Francesco Flaviano Russo
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When the neighbors are watching: Immigrant integration policy and housing wealth
We hypothesize and establish empirically that the effects of migrant integration policies on housing wealth are influenced by public attention to immigration. Using a unique policy converting temporary refugee reception centers into integration facilities, we conduct an event study analysis. Our results show that timing matters: implementation during times of high public attention to immigration reduces housing wealth, while implementation during times of low attention has no impact. These findings suggest that the backlash effect of integration policies estimated in the literature may be driven by public perceptions of migration crises.
期刊介绍:
The Journal of Urban Economics provides a focal point for the publication of research papers in the rapidly expanding field of urban economics. It publishes papers of great scholarly merit on a wide range of topics and employing a wide range of approaches to urban economics. The Journal welcomes papers that are theoretical or empirical, positive or normative. Although the Journal is not intended to be multidisciplinary, papers by noneconomists are welcome if they are of interest to economists. Brief Notes are also published if they lie within the purview of the Journal and if they contain new information, comment on published work, or new theoretical suggestions.