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The price and allocation effects of targeted mandates : evidence from lead hazards
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Gazze, Ludovica (2021) The price and allocation effects of targeted mandates : evidence from lead hazards. Journal of Urban Economics, 123 . 103345. doi:10.1016/j.jue.2021.103345 ISSN 0094-1190.
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Official URL: https://doi.org/10.1016/j.jue.2021.103345
Abstract
Several states require owners to mitigate lead hazards in old houses with children present. I estimate the mandates’ effects on housing markets. My empirical strategy exploits differences by state, year, and housing vintage. The mandates decrease the prices of old houses by 7.1 percent, acting as a large tax on owners. Moreover, families with children become 11.3 percent less likely to live in old houses. Increases in rents for family-friendly houses suggest that the mandates have important distributional consequences. These findings are relevant for evaluating similar mandates such as healthy homes standards.
| Item Type: | Journal Article | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||||
| Divisions: | Faculty of Social Sciences > Economics | ||||||||
| Library of Congress Subject Headings (LCSH): | Housing -- Econometric models, Mandates, Housing and health, Lead poisoning, Lead -- Toxicology, Discrimination in housing -- Environmental aspects -- Econometric models | ||||||||
| Journal or Publication Title: | Journal of Urban Economics | ||||||||
| Publisher: | Academic Press | ||||||||
| ISSN: | 0094-1190 | ||||||||
| Official Date: | May 2021 | ||||||||
| Dates: |
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| Volume: | 123 | ||||||||
| Article Number: | 103345 | ||||||||
| DOI: | 10.1016/j.jue.2021.103345 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||||
| Date of first compliant deposit: | 18 March 2021 | ||||||||
| Is Part Of: | 1 | ||||||||
| Related URLs: |
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