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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29960 |
来源ID | Working Paper 29960 |
Neighborhood Choice After COVID: The Role of Rents, Amenities, and Work-From-Home | |
Fernando V. Ferreira; Maisy Wong | |
发表日期 | 2022-04-25 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We investigate how neighborhood preferences and choices changed one year after the beginning of the COVID pandemic. We study a Neighborhood Choice Program that helped graduating students choose where to live by providing new information about rents and amenities. Using panel data on neighborhood rankings before and after information, we find that changes in rankings favor neighborhoods where social and professional network shares are higher by 2.2 percentage points, rents are lower by $432, and are 2.4 kilometers farther from the city center. Interestingly, we did not detect this movement away from downtowns when the program was offered prior to the pandemic. We then estimate a neighborhood choice model to recover MWTP for amenities both before and after the pandemic. Our estimates reveal that MWTP for network shares post COVID is markedly lower than prior to COVID. Finally, we perform counterfactuals to quantitatively assess how changes in preferences affect where people live, and find that weaker network preferences are most impactful, while heterogeneity by commute and work-from-home are less relevant. |
主题 | Financial Economics ; Public Economics ; Labor Economics ; Regional and Urban Economics ; COVID-19 |
URL | https://www.nber.org/papers/w29960 |
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/587634 |
推荐引用方式 GB/T 7714 | Fernando V. Ferreira,Maisy Wong. Neighborhood Choice After COVID: The Role of Rents, Amenities, and Work-From-Home. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29960.pdf(746KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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