Latest News

"A new method for identifying and estimating consumer preferences when choice sets are constrained due to selection or search, but are not observed"

New paper by Agarwal & Somaini:

https://www.restud.com/demand-analysis-under-latent-choice-constraints/

#econtwitter #REStud

Cities surrounded by expensive farmland are denser and agricultural productivity growth has lowered urban density over time in France. Our multi-region structural change framework can explain it.

New paper by Coeurdacier, @teignier & @FlorianOswald

https://www.restud.com/structural-change-land-use-and-urban-expansion/

🏠Transaction taxes don’t just cool housing—they reshape it. Same rate, different impact: investors buy more, households less. Result: lower ownership and welfare losses of 111% of tax revenue.

New paper from Han, Ngai & Sheedy:

https://www.restud.com/to-own-or-to-rent-the-effects-of-transaction-taxes-on-housing-markets/

#econtwitter #REStud

Slum upgrading is a common policy to help residents, but it can delay redevelopment into formal neighborhoods. Evidence from the largest program highlights the tradeoff: central upgrading can entail long-run opportunity costs.

New paper by Harari & Wong:
https://www.restud.com/slum-upgrading-and-long-run-urban-development-evidence-from-indonesia/