This paper analyzes the urban impacts of hybrid WFH in the simplest possible model, relying on Leontief utility and production functions and other simplifying assumptions. The analysis shows that introduction of WFH raises both the wage and land consumption of households while shrinking the size...

We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers' location in an agglomeration depends on commuting costs, the endogenous price of land and the value of job search and employment. We first show that...

Generations of scholarship on the political economy of land use have tried to explain a world in which tony suburbs use zoning to keep out development but big cities allow untrammeled growth because of the political influence of developers. But as demand to live in them has increased, many of...

In a world of climate change and declining oil supplies what is the plan for the provisioning of basic resources? Green economists suggest a need to replace the globalized economy, and its extended supply chains, with a more local economy (Hines, 2000). But what does this mean in more concrete...

Milfoil is an aggressive aquatic invasive species that affects freshwater lakes by altering lake ecosystems and degrading the quality of water recreation activities. Three studies estimating the effect of milfoil infestation on lakefront property values have each found substantial discounts....

Conservation easements raise a number of interesting legal issues, not the least of which is whether a conservation easement is automatically extinguished pursuant to the real property law doctrine of merger if its government or nonprofit holder acquires title to the encumbered land. This...

Despite growing policy interest in using tropical forests as carbon sinks, relevant evidence is sparse. To provide such evidence, our project advances and integrates two disciplinary analyses, and applies them for a case study of Costa Rica. First, we estimate how much C sequestration will be...