Drs. muth and mills meet dr. Tiebout: Integrating location-specific amenities into multi-community equilibrium models

Journal of Regional Science

Volumn 50, Issue 1, 2010, Pages 381-400

  Epple, Dennis ^a   Gordon, Brett ^b   Sieg, Holger ^a  

^a CARNEGIE MELLON UNIVERSITY   (United States)

^b The Sanford C Bernstein Co Center for Leadership and Ethics   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EMPLOYMENT; HOUSING MARKET; LOCATION DECISION; METROPOLITAN AREA; MODELING; PRICE DYNAMICS; SPATIAL ANALYSIS; URBAN HOUSING;

PENNSYLVANIA; PITTSBURGH; UNITED STATES;

EID: 76349088274     PISSN: 00224146     EISSN: 14679787     Source Type: Journal    
DOI: 10.1111/j.1467-9787.2009.00649.x     Document Type: Article

References (56)

1. Alonso W. Location and Land Use: Towards a General Theory of Land Rent 1964, Cambridge, Cambridge University Press
2. Bajari P, Kahn M. Estimating Housing Demand with an Application to Explaining Racial Segregation in Cities. Journal of Business and Economic Statistics 2004, 23(1):20-33.
3. Bayer P, Ferreira F, McMillan R. A Unified Framework for Measuring Preferences for Schools and Neighborhoods. Journal of Political Economy 2007, 115(4):588-638.
4. Bayer P, McMillan D, Murphy A, Timmins C. A Dynanic Model of the Housing Market. 2007, Working Paper
5. Bayer P, McMillan R, Reuben K. The Causes and Consequences of Residential Segregation: An Equilibrium Analysis of Neighborhood Sorting. 2004, Working Paper
6. Benabou R. Equity and Efficiency in Human Capital Investments: The Local Connection. Review of Economic Studies 1996a, 63(2):237-264.
7. Benabou R. Heterogeneity, Stratification and Growth: Macroeconomic Effects of Community Structure. American Economic Review 1996b, 86:584-609.
8. Benabou R. Tax and Education Policy in a Heterogeneous-Agent Economy: Maximize Growth and Efficiency. Econometrica 2002, 70(2):481-517.
9. Bergstrom T, Rubinfeld D, Shapiro P. Micro-Based Estimates of Demand Functions for Local School Expenditures. Econometrica 1982, 50:1183-1205.
10. Black S. Do Better Schools Matter? Parental Valuation of Elementary School Education. Quarterly Journal of Economics 1999, 114(2):577-600.
11. Brueckner J, Rosenthal S. Gentrification and Neighborhood Housing Cycles: Will America's Future Downtowns Be Rich. 2005, Working Paper
12. Calabrese S, Epple D, Romano R. Inefficiencies from Metropolitan Political and Fiscal Decentralization: Failures of Tiebout Competition. 2009, Working Paper
13. Calabrese S, Epple D, Romer T, Sieg H. Local Public Good Provision: Voting, Peer Effects, and Mobility. Journal of Public Economics 2006, 90(6-7):959-981.
14. Cutler D, Glaeser E, Vigdor J. The Rise and Decline of the American Ghetto. Journal of Political Economy 1999, 107:455-506.
15. deBartolome C, Ross S. Equilibria with Local Governments and Commuting: Income Sorting vs. Income Mixing. Journal of Urban Economics 2003, 54(1):1-20.
16. Durlauf S. A Theory of Persistent Income Inequality. Journal of Economic Growth 1996, 1:75-93.
17. Epple D, Filimon R, Romer T. Equilibrium Among Local Jurisdictions: Toward an Integrated Treatment of Voting and Residential Choice. Journal of Public Economics 1984, 24:281-304.
18. Epple D, Geyer J, Sieg H. Entry and Exit in Urban Housing Programs: Estimating an Equilibrium Search Model with Rationing. 2009, Working Paper
19. Epple D, Gordon B, Sieg H. A New Approach to Estimating the Production Function for Housing. American Economic Review 2009
20. Epple D, Peress M, Sieg H. Household Sorting and Neighborhood Formation. 2009, Working Paper
21. Epple D, Romano R, Sieg H. The Dynamics of Metropolitan Communities. 2009, Working Paper
22. Epple D, Romer T. Mobility and Redistribution. Journal of Political Economy 1991, 99(4):828-858.
23. Epple D, Romer T, Sieg H. Interjurisdictional Sorting and Majority Rule: An Empirical Analysis. Econometrica 2001, 69:1437-1465.
24. Epple D, Sieg H. Estimating Equilibrium Models of Local Jurisdictions. Journal of Political Economy 1999, 107(4):645-681.
25. Fernandez R, Rogerson R. Income Distribution, Communities, and the Quality of Public Education. Quarterly Journal of Economics 1996, 111(1):135-164.
26. Fernandez R, Rogerson R. Public Education and Income Distribution: A Dynamic Quantitative Evaluation of Education-Finance Reform. American Economic Review 1998, 88(4):813-833.
27. Fernandez R, Rogerson R. Equity and Efficiency: An Analysis of Education Finance System. Journal of Political Economy 2003, 111:858-897.
28. Ferreira F. You Can Take It with You: Proposition 13 Tax Benefits, Residential Mobility, and Willingness to Pay for Housing Amenities. 2005, Working Paper
29. Ferreyra M. Estimating the Effects of Private School Vouchers in Multi-District Economies. American Economic Review 2007, 97:789-817.
30. Glaeser E, Gyourko J. Urban Decline and Durable Housing. Journal of Political Economy 2005, 113:345-375.
31. Glaeser E, Gyourko J, Saks R. Urban Growth and Housing Supply. 2005, Working Paper
32. Glomm G, Lagunoff R. A Dynamic Tiebout Theory of Voluntary vs Involuntary Provision of Public Goods. Review of Economic Studies 1999, 66:659-678.
33. Goodspeed T. A Reexamination of the Use of Ability-to-Pay Taxes by Local Governments. Journal of Public Economics 1989, 38(3):319-342.
34. Hanushek E, Yilmaz K. The Complementarity of Tiebout and Alonso. Journal of Housing Economics 2007, 16(2):243-261.
35. Henderson V, Mieszkowski P, Sauvageau Y. Peer Group Effects and Educational Production Functions. Journal of Public Economics 1978, 10:97-106.
36. Hoxby C. The Effects of Class size on Student Achievement: New Evidence from Population Variation. Quarterly Journal of Economics 2000, 115:1239-1285.
37. Lucas R, Rossi-Hansberg E. On the Internal Structure of Cities. Econometrica 2002, 70(4):1445-1476.
38. Mills E. An Aggregative Model of Resource Allocation in a Metropolitan Area. American Economic Review 1967, 57:197-210.
39. Murphy A. A Dynanic Model of Housing Supply. 2007, Working Paper
40. Muth R. Cities and Housing 1969, University of Chicago Press, Chicago
41. Nechyba T. Existence of Equilibrium and Stratification in Local and Hierarchical Tiebout Economies with Property Taxes and Voting. Economic Theory 1997a, 10(2):277-304.
42. Nechyba T. Local Property and State Income Taxes: the Role of Interjurisdictional Competition and Collusion. Journal of Political Economy 1997b, 105(2):351-384.
43. Nechyba T. Mobility, Targeting and Private School Vouchers. American Economic Review 2000, 90:130-146.
44. Nechyba T. Centralization, Fiscal Federalism, and Private School Attendance. International Economic Review 2003, 44:179-204.
45. Nesheim L. Equilibrium Sorting of Heterogeneous Consumers Across Locations: Theory and Empirical Implications. 2001, Dissertation, University of Chicago
46. Ortalo-Magne F, Rady S. Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints. Review of Economics Studies 2006, 73:459-485.
47. Rothstein J. Good Principals or Good Peers? Parental Valuation of School Characteristics, Tiebout Equilibrium, and the Incentive Effects of Competition Among Jurisdictions. American Economic Review 2006, 96:1333-1350.
48. Rubinfeld D, Shapiro P, Roberts J. Tiebout Bias and the Demand for Local Public Schooling. Review of Economics and Statistics 1987, 69:426-437.
49. Schmidheiny K. Income segregation and local progressive taxation: Empirical evidence from Switzerland. Journal of Public Economics 2006, 90:429-458.
50. Sieg H, Smith V K, Banzhaf S, Walsh R. Interjurisdictional Housing Prices in Locational Equilibrium. Journal of Urban Economics 2002, 52:131-153.
51. Sieg H, Smith V K, Banzhaf S, Walsh R. Estimating the General Equilibrium Benefits of Large Changes in Spatially Delineated Public Goods. International Economic Review 2004, 45(4):1047-1077.
52. Smith V K, Sieg H, Banzhaf S, Walsh R. General Equilibrium Benefits of Environmental Improvements: Projected Ozone Reductions for the LA Air Basin. Journal of Environmental Economics and Management 2004, 47:559-584.
53. Summers A, Wolfe B. Do Schools Make a Difference. American Economic Review 1977, 67:639-652.
54. Tiebout C. A Pure Theory of Local Expenditures. Journal of Political Economy 1956, 64(5):416-424.
55. Walsh R. Endogenous open space amenities in a locational equilibrium. Journal of Urban Economics 2007, 61(2):319-344.
56. Wu J, Cho S. Estimating households' preferences for environmental amenities using equilibrium models of local jurisdictions. Scottish Journal of Political Economy 2003, 50:189-206.