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The value of air quality in Chinese cities: Evidence from labor and property market outcomes
(2015)CIES Research PaperUsing a dual-market sorting model of workers’ location decisions, this paper studies the capitalization of air pollution in wages and property prices across Chinese cities. We exploit quasi-experimental variations in particulate matter (PM10) concentration induced by a policy subsidizing coal-based winter heating in northern China, specifying a regression discontinuity design based on cities’ location relative to the policy boundary. We ...Working Paper -
Global population growth, technology, and Malthusian constraints: A quantitative growth theoretic perspective
(2015)MIT Joint Program Report SeriesWorking Paper -
Using avertive expenditures to estimate the demand for public goods
(2015)CIES Research PaperIn response to the perceived quality of a public good, households may choose to incur avertive expenditures as a substitute to its aggregate provision, thereby revealing an (inverse) demand function. When unobserved heterogeneity affects both perceived quality and avertive behavior, identification of the demand function is plagued by a problem of endogeneity. In this paper, I propose to use a first stage model of perceived quality as a ...Working Paper