Data and Code for: A New Spatial Hedonic Equilibrium in the Emerging Work-from-Home Economy?

Principal Investigator(s): View help for Principal Investigator(s) Jan Brueckner, University of California-Irvine; Matthew Kahn, University of Southern California; Gary Lin, Unison Consulting, Inc.

Version: View help for Version V1

Name	File Type	Size	Last Modified
replication			01/25/2022 10:42:AM
Readme.pdf	application/pdf	114.6 KB	07/15/2022 02:07:PM

Project Citation:

Brueckner, Jan, Kahn, Matthew, and Lin, Gary. Data and Code for: A New Spatial Hedonic Equilibrium in the Emerging Work-from-Home Economy? . Nashville, TN: American Economic Association [publisher], 2023. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-03-09. https://doi.org/10.3886/E153323V1

Project Description

Summary: This paper studies the impacts of work-from-home (WFH) in the housing market from both intercity and intracity perspectives. Our results confirm the theoretical prediction that WFH puts downward pressure on housing prices and rents in high-productivity counties, a result of workers starting to relocate to cheaper metro areas during the pandemic without forsaking their desirable jobs. We also show that WFH tends to flatten intracity house-price gradients, weakening the price premium associated with good job access.

Scope of Project

Subject Terms: work-from-home; cities; migration; land use

JEL Classification:
R14 Land Use Patterns
R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics

Geographic Coverage: United States

Time Period(s): 2017 – 2020

Methodology

Unit(s) of Observation: MSA, ZIP Code, County

Related Publications

Download this project

Published Versions

V1 [2023-03-09]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.