| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20644 |
| 来源ID | Working Paper 20644 |
| W.U.I. on Fire: Risk, Salience & Housing Demand | |
| Shawn J. McCoy; Randall P. Walsh | |
| 发表日期 | 2014-11-03 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We investigate the effects of wildfires on risk perceptions by quantifying the impact of severe wildfires on housing price and transaction dynamics. Our empirical results are interpreted through the lens of a parsimonious model of sorting between locations that vary in their perceived level of fire risk. The model allows us to infer the evolution of risk perceptions among potential sellers and buyers of properties located in the proximity of large wildfire events. Our empirical analysis is based on a multi-dimensional characterization of the potential linkages between fire events and risk perceptions which incorporates measures of both proximity and burn scar views as well as a properties latent wildfire risk. Our analysis provides a connection between changes in underlying risk perceptions and the observed differences in housing price and quantity dynamics across properties that differ in both their spatial relationship to wild fire events (views vs. proximity) and their latent risk for wildfire. |
| 主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w20644 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578319 |
| 推荐引用方式 GB/T 7714 | Shawn J. McCoy,Randall P. Walsh. W.U.I. on Fire: Risk, Salience & Housing Demand. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
