全球智库信息集成服务系统(G2TT): The Marginal Cost of Mortality Risk Reduction: Evidence from Housing Markets

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w29622
来源ID	Working Paper 29622
	The Marginal Cost of Mortality Risk Reduction: Evidence from Housing Markets
	Kelly Bishop; Nicolai V. Kuminoff; Sophie Mathes; Alvin Murphy
发表日期	2022-01-03
出版年	2022
语种	英语
摘要	We provide the first evidence that spatial variation in all-cause mortality risk is capitalized into US housing prices. Using a hedonic framework, we recover the annual implicit cost of a 0.1 percentage-point reduction in mortality risk among older Americans and find that this figure is both relatively low and decreasing in age, from $1,346 for a 67 year old to $246 for an 87 year old. These estimates are one-fifth of the size of comparable estimates found in the labor market, suggesting that the housing market provides an alternative, substantially cheaper channel to reducing mortality risk.
主题	Public Economics ; Health, Education, and Welfare ; Environmental and Resource Economics ; Regional and Urban Economics
URL	https://www.nber.org/papers/w29622
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/587295
推荐引用方式 GB/T 7714	Kelly Bishop,Nicolai V. Kuminoff,Sophie Mathes,et al. The Marginal Cost of Mortality Risk Reduction: Evidence from Housing Markets. 2022.