The model of compensating wage differentials is among the cornerstone models of
equilibrium wage determination in labor economics. However, empirical estimates of …

Households “sort” across neighborhoods according to their wealth and their preferences for
public goods, social characteristics, and commuting opportunities. The aggregation of these …

We quantify the importance of imperfect competition in the US labor market by estimating the
size of labor market rents earned by American firms and workers. We construct a matched …

Optimal Transport Methods in Economics is the first textbook on the subject written
especially for students and researchers in economics. Optimal transport theory is used …

Using data from Pennsylvania and an array of empirical techniques to control for
confounding factors, we recover hedonic estimates of property value impacts from nearby …

The hedonic property-value model has been refined over more than forty years to become
one of the premier approaches to valuing environmental amenities. This article presents …

The first edition of this important work was the winner of the 2002 Publication of Enduring
Quality award by the Association of Environmental and Resource Economists. The …

This paper measures the economic impact of climate change on US agricultural land by
estimating the effect of random year-to-year variation in temperature and precipitation on …

We exploit the structure of the Clean Air Act to provide new evidence on the capitalization of
total suspended particulates (TSPs) air pollution into housing values. This legislation …

This paper develops a framework for estimating household preferences for school and
neighborhood attributes in the presence of sorting. It embeds a boundary discontinuity …