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作者:Brueckner, Jan K.; Fu, Shihe; Gu, Yizhen; Zhang, Junfu
作者单位:University of California System; University of California Irvine; Xiamen University; Jinan University; Clark University
摘要:This paper develops a new approach for measuring the stringency of a major form of land use regulation, building height restrictions, and applies it to an extraordinary data set of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to the floor area ratio (FAR), a building height indicator, is a measure of the regulation's stringency (the extent to which FAR is kept below the free-market level). Using a national sample, estimation allowing this ...
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作者:Andrabi, Tahir; Das, Jishnu
作者单位:Claremont Colleges; Pomona College; The World Bank
摘要:In 2005 an earthquake in northern Pakistan led to a significant inflow of international relief groups. Four years later, trust in Europeans and Americans was markedly higher among those exposed to the earthquake and the relief that followed. These differences reflect the greater provision of foreign aid and foreigner presence in affected villages rather than preexisting population differences or a general impact of disasters on trust. We thus demonstrate large-scale, durable attitudinal change...
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作者:Hong, Gee Hee; Li, Nicholas
作者单位:International Monetary Fund; University of Toronto
摘要:We examine the extent to which vertical and horizontal market structure can together explain incomplete retail pass-through. To answer this question, we use scanner data from a large U.S. retailer to estimate product level pass-through for three vertical structures: national brands, private label goods not manufactured by the retailer, and private label goods manufactured by the retailer. Our approach circumvents issues associated with internal firm prices and demonstrates that accounting for ...