We extend the literature on the impact of stormwater retention basins on house prices and time on the market. Our results indicate that properties located closer to a basin sell at a discount relative to properties located farther away, but the…
We employ a structural model of location choice to estimate household sorting across the U.S. in response to hurricane risk. Using spatially detailed projections of future hurricane energy, we simulate regional population shifts and welfare impacts…
We employ a Cox proportional hazard model to examine the effect of observed mortgage defaults within a neighborhood on homeowners’ strategic default decisions, using multiple datasets from the Fresno-Clovis metropolitan area in California between…