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The geography of mortgage interest deductions 抵押贷款利息扣除的地理位置
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-10-13 DOI: 10.1016/j.jue.2023.103604
Yashar Blouri , Simon Büchler , Olivier Schöni

We investigate the heterogeneous impact of the US federal mortgage interest deduction (MID) on households’ location and tenure decisions. We develop a spatial general-equilibrium model featuring non-homothetic preferences in which households can choose whether to claim the MID or a standard tax deduction. Repealing the MID decreases homeownership rates more strongly in central areas because owner-occupiers migrate to the countryside. Welfare increases slightly because positive externalities from less congested housing markets and undistorted tenure decisions outweigh productivity losses in central locations. An increase in standard tax deductions, as implemented in 2018 by the Tax Cuts and Jobs Act, leads to a similar welfare increase.

我们研究了美国联邦抵押贷款利息扣除(MID)对家庭位置和保有权决策的异质影响。我们开发了一个具有非同质偏好的空间一般均衡模型,在该模型中,家庭可以选择是申请MID还是标准税收减免。废除MID会更有力地降低中部地区的住房拥有率,因为自住业主会迁移到农村。福利略有增加,因为不那么拥挤的住房市场和不失真的保有权决定带来的正外部性超过了中心地区的生产力损失。2018年《减税和就业法案》实施的标准税收减免额的增加也导致了类似的福利增长。
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引用次数: 1
The effects of cash for clunkers on local air quality 旧车换现金对当地空气质量的影响
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-21 DOI: 10.1016/j.jue.2023.103576
Ines Helm , Nicolas Koch , Alexander Rohlf

We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible for scrappage. The scheme had substantial effects on car purchases and did not simply reallocate demand across time in the short-term. Nevertheless, about half of all subsidized buyers benefited from windfall gains. The renewal of the car stock improved local air quality suggesting substantial mortality benefits that likely exceed the cost of the policy. While policy take-up is somewhat smaller in urban districts, improvements in air quality and health tend to be larger due to a higher car density.

我们通过将车辆登记数据与当地空气污染物排放数据相结合,研究了德国大型汽车报废计划对新车购买和当地空气质量的影响。为了识别,我们利用了不同地区有资格报废的汽车数量的横截面变化。该计划对购车产生了实质性影响,并没有在短期内简单地跨时间重新分配需求。尽管如此,大约有一半的受补贴买家从意外之财中受益。汽车库存的更新改善了当地的空气质量,这表明巨大的死亡率效益可能超过政策的成本。虽然城市地区的政策实施率略低,但由于汽车密度较高,空气质量和健康状况的改善往往更大。
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引用次数: 0
JUE Insight: Hot temperatures, aggression, and death at the hands of the police: Evidence from the U.S 觉》视角:高温、攻击和死于警察之手:来自美国的证据
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-15 DOI: 10.1016/j.jue.2023.103592
Sébastien Annan-Phan , Bocar A. Ba

We study the effect of temperature on police-involved civilian deaths in the U.S. from 2000 to 2016. We show that both violent crimes and the number of officers assaulted or killed increase on warmer days (17°C), indicating greater personal danger to officers and bystanders on such days. Consistent with these higher threat levels, we find suggestive evidence that fatal shootings of civilians by officers similarly increase on warmer days. However, when we account for surges in officer–civilian interaction, we find no additional effect of high temperatures on fatal shootings, indicating a lack of behavioral or physiological response on the part of officers. Finally, our results for other causes of death show that, on extremely warm days (32°C), the number of casualties associated with the use of Tasers and physical restraints is significantly higher independently of increased interaction between officers and civilians. The results suggest a need to reevaluate the use of Tasers and physical restraint techniques to prevent unintended deaths.

我们研究了 2000 年至 2016 年美国气温对涉及警察的平民死亡事件的影响。我们发现,在气温较高(≥17°C)的日子里,暴力犯罪和被袭或被杀的警察人数都会增加,这表明在这样的日子里,警察和旁观者面临更大的人身危险。与这些较高的威胁水平相一致,我们发现有暗示性证据表明,在较热的天气里,警察对平民的致命枪击也同样会增加。然而,当我们考虑到警官与平民互动的激增时,我们发现高温对致命枪击事件没有额外影响,这表明警官缺乏行为或生理反应。最后,我们对其他死因的研究结果表明,在极端温暖的日子里(≥32°C),与使用泰瑟枪和人身束缚有关的伤亡人数显著增加,与警官和平民之间互动的增加无关。结果表明,有必要重新评估泰瑟枪和人身束缚技术的使用,以防止意外死亡。
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引用次数: 0
Black Lives Matter’s effect on police lethal use of force 黑人生命事件对警方使用致命武力的影响
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-14 DOI: 10.1016/j.jue.2023.103587
Travis Campbell

How has Black Lives Matter (BLM) influenced police lethal force? An event study design finds census places with early BLM protests experienced a 10% to 15% decrease in police homicides from 2014 through 2019, around 200 fewer deaths. This decrease was prominent when protests were large and frequent. Potential mechanisms behind the reduction include police agencies obtaining body-worn cameras to curtail force and a so-called ‘Ferguson effect.’ Fewer property crime arrests, but more reported murders, were associated with local protests, yet the property crime clearance rate fell.

黑人生命重要(BLM)如何影响警方的致命武力?一项事件研究设计发现,从 2014 年到 2019 年,有早期 BLM 抗议活动的人口普查地区的警察杀人案件减少了 10%到 15%,死亡人数减少了约 200 人。当抗议活动规模大且频繁时,这一下降尤为突出。减少背后的潜在机制包括警察机构获得随身携带的摄像机以减少武力,以及所谓的 "弗格森效应"。与当地抗议活动相关的财产犯罪逮捕数量较少,但报告的谋杀数量较多,但财产犯罪破案率却有所下降。
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引用次数: 0
JUE insight: Infrastructure and Finance: Evidence from India’s GQ highway network 觉》洞察力:基础设施与金融:印度 GQ 高速公路网络的证据
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-09 DOI: 10.1016/j.jue.2023.103593
Abhiman Das , Ejaz Ghani , Arti Grover , William Kerr , Ramana Nanda

We use data from Reserve Bank of India to study the impact of India’s Golden Quadrilateral (GQ) highway project on finance-dependent activity. Loan volumes increase by 20%–30% in districts along GQ and are stronger in industries more dependent upon external finance. Loan growth begins with increases in average branch size and in places with more pre-GQ loan activity. New branch openings come later, consistent with short-run adjustment costs to expanding branch networks. These patterns are not evident in placebo tests using delayed investments in NS-EW highways. Results suggest the depth of initial financial infrastructure shapes how infrastructure investments impact localities.

我们利用印度储备银行的数据研究了印度黄金四边形(GQ)高速公路项目对金融依赖型活动的影响。在 GQ 沿线地区,贷款量增加了 20%-30%,而且更依赖外部融资的行业的贷款量更大。贷款增长始于分行平均规模的扩大,以及 GQ 前贷款活动较多的地区。新分行开设较晚,这与扩大分行网络的短期调整成本相一致。这些模式在使用延迟投资 NS-EW 高速公路的安慰剂测试中并不明显。结果表明,初始金融基础设施的深度决定了基础设施投资对地方的影响。
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引用次数: 0
The structure and growth of ethnic neighborhoods 少数民族社区的结构与发展
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-01 DOI: 10.1016/j.jue.2023.103570
Tianran Dai, Nathan Schiff

We introduce a new statistical definition of an immigrant ethnic neighborhood based on a choice model and using the location distribution of natives as a benchmark. We then examine the characteristics of ethnic neighborhoods in the United States using decadal census tract data from 1970 to 2010. We estimate that 43% of the foreign-born population lived in ethnic neighborhoods in 1970, increasing to 67% by 2010. Ethnic neighborhoods have lower average incomes and housing values, and a higher percentage of residents living in rental housing and commuting without a car, than other locations in the city where the same group lives. Neighborhoods vary greatly in size and the population distribution across neighborhoods within a group follows a power law. Most neighborhoods disappear within one or two decades but larger neighborhoods persist longer. Large neighborhoods have a well-defined spatial structure with negative population gradients from the center of the neighborhood and grow primarily through spatial expansion into adjacent locations.

本文在选择模型的基础上,以本地居民的区位分布为基准,提出了一种新的移民民族社区的统计定义。然后,我们使用1970年至2010年的十年人口普查区数据来研究美国种族社区的特征。据我们估计,1970年43%的外国出生人口居住在少数民族社区,到2010年这一比例将上升至67%。少数民族社区的平均收入和房价较低,与同一群体居住的城市其他地区相比,居住在租赁住房和无车通勤的居民比例更高。社区的规模差异很大,一个群体内社区之间的人口分布遵循幂律。大多数社区在一到二十年内消失,但较大的社区存在的时间更长。大型社区具有明确的空间结构,从社区中心开始呈负的人口梯度,主要通过向邻近地点的空间扩展来增长。
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引用次数: 0
Can social media rhetoric incite hate incidents? Evidence from Trump's “Chinese Virus” tweets 社交媒体的言论会引发仇恨事件吗?证据来自特朗普的“中国病毒”推文
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-01 DOI: 10.1016/j.jue.2023.103590
Andy Cao , Jason M. Lindo , Jiee Zhong

We investigate whether Donald Trump's "Chinese Virus" tweets contributed to the rise of anti-Asian incidents. We find that the number of incidents spiked following Trump's initial “Chinese Virus” tweets and the subsequent dramatic rise in internet search activity for the phrase. Difference-in-differences and event-study analyses leveraging spatial variation indicate that this spike in anti-Asian incidents was significantly more pronounced in counties that supported Donald Trump in the 2016 presidential election relative to those that supported Hillary Clinton. We estimate that anti-Asian incidents spiked by approximately 4200% in Trump-supported counties compared to an increase of approximately 200% in Clinton-supported counties.

我们调查唐纳德·特朗普的“中国病毒”推文是否促成了反亚洲事件的兴起。我们发现,在特朗普最初发布“中国病毒”的推文以及随后该短语的互联网搜索活动急剧增加之后,此类事件的数量激增。利用空间差异的“差异中的差异”和事件研究分析表明,在2016年总统大选中支持唐纳德·特朗普的县,反亚裔事件的激增明显比支持希拉里·克林顿的县更为明显。我们估计,在特朗普支持的县,反亚裔事件激增了约4200%,而在克林顿支持的县,反亚裔事件增加了约200%。
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引用次数: 0
A beam of light: Media, tourism and economic development 一束光:媒体、旅游和经济发展
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-01 DOI: 10.1016/j.jue.2023.103575
Samuel Nocito , Marcello Sartarelli , Francesco Sobbrio

Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming municipalities (media multiplier) and, in turn, the effect of tourism on local economic development (tourism multiplier). To quantify the media multiplier, we employ a triple-difference empirical strategy exploiting the staggered international release across the EU of Inspector Montalbano, a TV series set in four municipalities of Sicily, a region of Italy. We find that the series release led to a fourfold increase in the number of tourists and boosted tourist expenditure by a factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism multiplier, we exploit the interaction between the filming locations and the time-varying share of countries in which the series was aired, to instrument total tourist expenditure at the municipality-time level. Our results show that a 10% increase in total tourist expenditure translates into an increase in municipal income of 4.7%. We also document the impact of tourism on urban dynamics. Namely, tourism increases (decreases) rental and selling prices in the more (less) tourist-attractive areas within municipalities. All in all, the paper suggests that both entertainment media and tourism can be effective tools to boost local economic development.

旅游业约占全球GDP的十分之一。我们分析了娱乐媒体在吸引游客到拍摄城市的影响(媒体乘数),反过来,旅游业对当地经济发展的影响(旅游乘数)。为了量化媒体乘数,我们采用了三差经验策略,利用在欧盟各地交错发行的《蒙塔尔巴诺督察》(Inspector Montalbano),这是一部以意大利西西里岛四个城市为背景的电视剧。我们发现,该系列的发布导致游客数量增加了四倍,游客支出增加了2.5倍。此外,我们还提供了在附近城市产生积极溢出效应的证据。为了估计旅游乘数,我们利用了拍摄地点和电视剧播出国家的时变份额之间的相互作用,以测量城市时间层面的旅游总支出。我们的研究结果表明,旅游总支出每增加10%,市政收入就会增加4.7%。我们还记录了旅游业对城市动态的影响。也就是说,旅游业提高(降低)城市内旅游吸引力较大(较不)地区的租金和销售价格。总而言之,这篇论文表明,娱乐媒体和旅游业都可以成为促进当地经济发展的有效工具。
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引用次数: 0
Congestion and incentives in the age of driverless fleets 无人驾驶车队时代的拥堵与激励
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-01 DOI: 10.1016/j.jue.2023.103591
Federico Boffa , Alessandro Fedele , Alberto Iozzi

The diffusion of autonomous vehicles (AVs) will expand the tools to manage congestion. Differently than fleets of traditional vehicles, operators of fleets of AVs will be able to assign different travelers to different routes, potentially inducing different congestion levels (and speed). We look at the effects of the technological transition from traditional to autonomous vehicles. Our model exhibits a unit mass of heterogeneous individuals. Some of them use the services of a fleet, while others do not, and travel independently. With few fleet users, the fleet technology (traditional vs automated vehicles) is immaterial to welfare. On the contrary, when there are many fleet users, we show that, if fleets do not price any individuals out of the market, the differentiation in congestion across routes under the automated fleet is welfare-reducing. When, instead, fleets price some individuals out of the market, the welfare effects of the transition are ambiguous and depend on the interplay between the extent of rationing by both types of fleets and the extent of differentiation by the AVs fleet. Finally, we characterize the tax restoring the first best with AVs. It involves charging different taxes across lanes, starkly different between independent travelers and the fleet. While independent travelers should be charged lane-specific congestion charges, the fleet should be imposed a scheme involving a congestion-based tax and a subsidy.

自动驾驶汽车(AVs)的普及将扩大管理拥堵的工具。与传统车队不同,自动驾驶车队的运营商将能够将不同的乘客分配到不同的路线上,从而可能导致不同的拥堵程度(和速度)。我们来看看从传统汽车到自动驾驶汽车的技术转型带来的影响。我们的模型显示了异质个体的单位质量。他们中的一些人使用车队的服务,而另一些人则没有,并且独立旅行。由于车队用户很少,车队技术(传统汽车与自动驾驶汽车)对福利来说无足轻重。相反,当有许多车队用户时,我们表明,如果车队没有定价任何个人退出市场,那么在自动化车队下,不同路线的拥堵差异是福利减少的。相反,当车队将一些个人挤出市场时,这种转变的福利效应是模糊的,并且取决于两种类型的车队的配给程度和自动驾驶车队的差异化程度之间的相互作用。最后,我们对自动驾驶汽车的税收恢复进行了描述。它涉及对不同车道征收不同的税,这在独立旅行者和车队之间是截然不同的。虽然应该向独立旅行者收取特定车道的拥堵费,但应该对车队实施一项包括基于拥堵的税收和补贴的计划。
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引用次数: 2
First time around: Local conditions and multi-dimensional integration of refugees 第一次:难民的当地条件和多维融合
IF 6.3 1区 经济学 Q1 ECONOMICS Pub Date : 2023-09-01 DOI: 10.1016/j.jue.2023.103588
Cevat Giray Aksoy , Panu Poutvaara , Felicitas Schikora

We study the effect of local unemployment and attitudes towards immigrants at the time of arrival on refugees’ multi-dimensional integration outcomes. We leverage a centralized allocation policy in Germany where refugees were centrally assigned to live in specific counties. To measure sentiments of native residents towards immigrants, we use geo-coded Twitter data, which provides our “negative sentiment index”. Our results show that attitudes towards immigrants are as important as local unemployment rates in shaping refugees’ integration outcomes. A one standard deviation increase in unemployment or in the negative sentiment index predicts five percentage points lower probability of refugees being employed in 2016 to 2018. In additional robustness check, we present an analysis that uses far-right vote share as an alternative measure of sentiments of native residents.

我们研究了当地失业和移民抵达时对移民的态度对难民多维融合结果的影响。我们利用德国的集中分配政策,将难民集中分配到特定的县。为了衡量本地居民对移民的情绪,我们使用地理编码的Twitter数据,这提供了我们的“负面情绪指数”。我们的研究结果表明,对移民的态度与当地失业率一样重要,影响着难民的融入结果。失业率或负面情绪指数每增加一个标准差,就意味着2016年至2018年难民就业的可能性会降低5个百分点。在额外的稳健性检查中,我们提出了一项分析,该分析使用极右翼投票份额作为衡量本地居民情绪的替代措施。
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引用次数: 0
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Journal of Urban Economics
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