We use a frictionless neoclassical general-equilibrium model to explain cross-metro variation in population density based on three broad amenity types: quality of life, productivity in tradables, and productivity in non-tradables. Analytically, we demonstrate the dependence of quantities on amenities through substitution possibilities in consumption and production. Our calibrated model predicts...

Abstract We discuss data quality and modeling issues inherent in the use of nationwide property to value environmental amenities. By example ZTRAX, a U.S.-wide real estate database, we identify challenges propose guidance for: (1) identification arm’s-length sales, (2) geo-location parcels buildings, (3) temporal linkages between transaction, assessor, parcel data, (4) types, such as s...

BACKGROUND Emerging evidence suggests that walking and cycling for different purposes such as transport or recreation may be associated with different attributes of the physical environment. Few studies to date have examined these behaviour-specific associations, particularly in the UK. This paper reports on the development, factor structure and test-retest reliability of a new scale assessing ...

Hospitals are one of the most important public amenities in cities. The location hospitals is critical for residents' accessibility, as case with all other amenities. However; such parks, and schools provide services at neighborhood scale, serve entire city. Therefore, deciding where to locate a hospital complex issue that requires consideration various criteria. purpose this study create multi...

Organizational practices are an increasingly important mechanism for retaining and motivating employees. Using a new survey tool in partnership with PayScale.com between 2014 and 2016, I first document the cross-section of job satisfaction and organizational practices in the labor market, and, secondly, recover a willingness to pay for these amenities. I show that these amenities create a time-...

Income taxes distort the relationship between wages and non-taxable amenities. When the marginal tax rate increases, amenities become more valuable as the compensating differential for low-amenity jobs is taxed away. While there is evidence that the provision of amenities responds to taxes, the literature has ignored the consequences for job characteristics which cannot fully-adjust. This paper...

"The role of location-specific amenities in human migration decisions, and subsequently regional development, is explored. A framework is developed which motivates a new assessment of existing alternative models of regional development, indicating the need for additional modeling efforts which focus upon amenities as critical elements in such analyses. The approach hinges upon the notion that...

Crowdedness varies widely among U.S. cities. A simple, static general equilibrium model suggests that plausible differences in metro areas’ consumption amenities can account for much of the observed variation. Under a baseline calibration, differences in amenities valued at 30 percent of average consumption expenditures suffice to support a twenty-fold difference in population density. Empirica...