The new economics of equilibrium sorting and policy evaluation using housing markets

NV Kuminoff, VK Smith, C Timmins - Journal of economic literature, 2013 - aeaweb.org
Households “sort” across neighborhoods according to their wealth and their preferences for
public goods, social characteristics, and commuting opportunities. The aggregation of these …

The determinants and welfare implications of US workers' diverging location choices by skill: 1980–2000

R Diamond - American Economic Review, 2016 - aeaweb.org
From 1980 to 2000, the rise in the US college/high school graduate wage gap coincided
with increased geographic sorting as college graduates concentrated in high wage, high …

Practical methods for estimation of dynamic discrete choice models

P Arcidiacono, PB Ellickson - Annu. Rev. Econ., 2011 - annualreviews.org
Many discrete decisions are made with an eye toward how they will affect future outcomes.
Formulating and estimating the underlying models that generate these decisions is difficult …

Environmental health risks and housing values: evidence from 1,600 toxic plant openings and closings

J Currie, L Davis, M Greenstone… - American Economic …, 2015 - aeaweb.org
Regulatory oversight of toxic emissions from industrial plants and understanding about
these emissions' impacts are in their infancy. Applying a research design based on the …

Migration and hedonic valuation: The case of air quality

P Bayer, N Keohane, C Timmins - Journal of Environmental Economics and …, 2009 - Elsevier
Conventional hedonic techniques for estimating the value of local amenities rely on the
assumption that households move freely among locations. We show that when moving is …

Migration and education

C Dustmann, A Glitz - Handbook of the Economics of Education, 2011 - Elsevier
Sjaastad (1962) viewed migration in the same way as education: as an investment in the
human agent. Migration and education are decisions that are indeed intertwined in many …

Conditional choice probability estimation of dynamic discrete choice models with unobserved heterogeneity

P Arcidiacono, RA Miller - Econometrica, 2011 - Wiley Online Library
We adapt the expectation–maximization algorithm to incorporate unobserved heterogeneity
into conditional choice probability (CCP) estimators of dynamic discrete choice problems …

An industrial organization perspective on productivity

J De Loecker, C Syverson - Handbook of industrial organization, 2021 - Elsevier
This chapter overviews productivity research from an industrial organization perspective. We
focus on what is known and what still needs to be learned about the productivity levels and …

The economics of internal migration: Advances and policy questions

N Jia, R Molloy, C Smith, A Wozniak - Journal of economic literature, 2023 - aeaweb.org
We review developments in research on within-country migration, focusing on internal
migration in the United States. We begin by describing approaches to modeling individuals' …

A dynamic model of demand for houses and neighborhoods

P Bayer, R McMillan, A Murphy, C Timmins - Econometrica, 2016 - Wiley Online Library
This paper develops a dynamic model of neighborhood choice along with a computationally
light multi‐step estimator. The proposed empirical framework captures observed and …