This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...

This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...

This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...

This study examines the effect of FinTech on economic performance for a panel of 31 provinces in mainland China between 2012 and 2019. The digital financial index compiled by Peking University is used to measure FinTech development. Besides ordinary least squares, we implement instrumental...

We study the presence of capitalization of local fiscal and social policies in house prices. The local property tax and the public utility fees in Bogotá depend on a classification of all blocks in the city into six groups (estratos socioeconómicos) - a redistributive system in which some...

This article studies house-level real estate wealth distribution changes nearby a major interstate highway, comparing values before the announcement of the highway's construction (1940) with those during and shortly after the construction period (1961-74). We also develop Lorenz curves to...