Valuing open space in a residential sorting model of the Twin Cities

Environmental Regulations and the Welfare Effects of Job Layoffs in the United States: A Spatial Approach

“…Over the past decade, full-employment equilibrium models of residential sorting have increasingly been used to evaluate the benefits of existing and proposed environmental regulations in the United States , Walsh 2007, Tra 2010, and Klaiber and Phaneuf 2010. We have demonstrated that these models can be extended to incorporate the welfare effects of job layoffs.…”

“…Equilibrium sorting models typically focus on a single region (e.g., , Epple and Sieg 1999, Klaiber and Phaneuf 2010). The modeling process begins by dividing the region into housing communities and job locations.…”

Economics of Coastal Erosion and Adaptation to Sea Level Rise

“…Heterogeneity in the distribution of beach sediments and household-level variation in knowledge and expectations of coastal dynamics and management interventions could provide impetus for spatial sorting across the coastal landscape (Klaiber & Phaneuf 2010;Kuminoff, Smith, & Timmins 2013); this remains to be explored empirically. To better understand how coastal property markets respond to changes in the geophysical system and to policies that can affect the provision and distribution of beach amenities, we need empirical analyses that examine spatial heterogeneity to recover parameters informing the NB function in (1) and (3).…”

Land use, worker heterogeneity and welfare benefits of public goods

“…by splitting or merging apartments, or as a gradual reconstruction of a neighbourhood after the land rent has changed. Most existing equilibrium sorting models (Klaiber and Phaneuf, 2010;Tra, 2010;Sieg et al, 2002, Sieg et al, 2004 work with an equilibrium in housing services, holding housing supply constant. In these models changes in the supply of public goods affect housing prices and population composition, but not population density.…”